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WirelessDevNet.com Press Release
QUALCOMM and Yulong Sign 3G Worldwide Subscriber Unit License Agreement
SAN DIEGO, Jan. 26 -- QUALCOMM Incorporated
(Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple
Access (CDMA) and other advanced wireless technologies, and Yulong Computer
Technology Co., Ltd., a subsidiary of China Wireless Technologies, today
announced that the companies have signed a worldwide subscriber unit license
agreement. Under the terms of the multi-million dollar, royalty-bearing
agreement, QUALCOMM has granted Yulong a worldwide license under its CDMA
patent portfolio to develop, manufacture and sell subscriber units
implementing any 3G CDMA standard (i.e., CDMA2000(R) 1X/1xEV-DO, WCDMA/UMTS).
The royalties payable by Yulong are at QUALCOMM's standard rates and are the
same irrespective of the CDMA standard implemented by the subscriber unit.
"QUALCOMM is pleased to license Yulong for the development, manufacture
and sale of 3G wireless devices," said Marvin Blecker, president of QUALCOMM
Technology Licensing. "As CDMA continues to help accelerate wireless
communications around the world, it is important that companies like Yulong
expand their product offering to include advanced 3G products and solutions
in order to provide the widest possible choice of products to consumers."
"This license agreement will enable China Wireless, through its Yulong
subsidiary, to develop and market competitive 3G products, keeping pace with
the need for enhanced wireless devices," said Guo Deying, president of China
Wireless. "We look forward to working with QUALCOMM, the leading developer
and supplier of CDMA technology, to support 3G adoption in China and
worldwide."
Established in 1993, China Wireless Technologies is a leading supplier of
total wireless data solutions and smartphones. Leveraging its expertise and
knowledge in wireless communication, the Group provides integrated solutions,
from back-end systems to wireless intelligent terminals with proprietary
operating systems, for the telecom, public security and securities sectors,
and different industrial and commercial enterprises. Yulong is a wholly
owned subsidiary of China Wireless Technologies.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and
delivering innovative digital wireless communications products and services
based on CDMA and other advanced technologies. Headquartered in San Diego,
Calif., QUALCOMM is included in the S&P 500 Index and is a 2005 FORTUNE
500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol
QCOM.
Except for the historical information contained herein, this news release
contains forward-looking statements that are subject to risks and
uncertainties, including the Company's ability to successfully design and
have manufactured significant quantities of CDMA components on a timely and
profitable basis, the extent and speed to which CDMA is deployed, change in
economic conditions of the various markets the Company serves, as well as the
other risks detailed from time to time in the Company's SEC reports,
including the report on Form 10-K for the year ended September 25, 2005, and
most recent Form 10-Q.
QUALCOMM is a registered trademark of QUALCOMM Incorporated. CDMA2000 is
a registered trademark of the Telecommunications Industry Association (TIA
USA). All other trademarks are the property of their respective owners.
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