Wingtech Picks Qualcomm

Qualcomm and Wingtech sign 3G CDMA subscriber unit and module/modem card license agreement

October 15, 2008

1 Min Read

SAN DIEGO -- Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, and Jiaxing Wingtech Communication Technology Co., Ltd. (Wingtech), a Chinese mobile terminals company, announced that they have entered into a subscriber unit and module/modem card (including PCB assemblies) patent license agreement. Under the terms of the royalty bearing agreement, Qualcomm has granted Wingtech a worldwide patent license to develop, manufacture and sell subscriber units, modules and modem cards (including PCB assemblies) implementing the CDMA2000(R) standard. The royalties payable by Wingtech are at Qualcomm's standard worldwide rates.

"Qualcomm is pleased to welcome another licensee as part of the fast growing China ecosystem for CDMA2000 subscriber devices," said Derek Aberle, executive vice president and president of Qualcomm Technology Licensing. "Wingtech, a leading Chinese mobile company, will contribute to the growth of the global wireless market by developing, manufacturing and selling 3G CDMA handsets and module/modem cards."

Qualcomm Inc. (Nasdaq: QCOM)

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