Qualcomm and Zhenhua Sign CDMA2000 Subscriber Unit License Agreement

(Business News & Technology News, 23 May 2008)

Qualcomm Inc. and China Zhenhua (Group) Science & Technology Co. Ltd (Zhenhua) have entered into a subscriber unit license agreement, under which Qualcomm has granted Zhenhua a worldwide license under its patent portfolio to develop, manufacture and sell CDMA2000 subscriber units. The royalties payable by Zhenhua are at Qualcomm's standard rates.

"Qualcomm and its worldwide partners are transforming the way people interact with the world around them," said Marvin Blecker, President of Qualcomm Technology Licensing. "This license agreement will enable Zhenhua to develop, manufacture and sell 3G CDMA2000 devices, helping to make next-generation wireless technologies and solutions more personal, affordable and accessible to people everywhere."

"Zhenhua is pleased to expand its product portfolio with a new license from Qualcomm," said Xianmin Fu, Vice-general Manager of Zhenhua. "We are excited to continue to grow within a dynamic and competitive mobile marketplace where advanced devices, applications and services are delivering more capabilities to more people than ever before."

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