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WirelessDevNet.com Press Release
Japan Fair Trade Commission Notifies QUALCOMM Japan of Possible Investigation
SAN DIEGO, Nov. 9 -- QUALCOMM Incorporated
(Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple
Access (CDMA) and other advanced wireless technologies, reported that the
Japan Fair Trade Commission (JFTC) has notified its Japanese subsidiary,
QUALCOMM Japan, that the JFTC may investigate QUALCOMM's licensing and chip
business practices in Japan. The JFTC did not reveal the timing for any
investigation or identity of any complainant.
"QUALCOMM will cooperate with the JFTC to establish that all of QUALCOMM's
activities in Japan are lawful and foster competition," said Steve Altman,
president of QUALCOMM. "The introduction of QUALCOMM's CDMA technology into
Japan was a key factor in driving competition for 2G cellular services and
devices and in accelerating the uptake of 3G with its advanced features and
capabilities. Our business model of extensively licensing our technology has
opened the 3G market to new players -- driving competition, growth and
innovation -- and we have consistently offered the best, most advanced
chipsets and software at competitive prices."
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.
QUALCOMM is a registered trademark of QUALCOMM Incorporated. All other
trademarks are the property of their respective owners.
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