UPDATE 1-Zoom to make 3G phones with Qualcomm chips, shares soar
April 13, 2011 at 08:51 AM EDT
April 13 (Reuters) - Zoom Technologies Inc signed a license agreement with chipmaker Qualcomm Inc , allowing the Chinese mobile phone maker to develop and sell 3G products using Qualcomm's chip patents, sending its shares soaring 61 percent in pre-market trade.