Qualcomm and Wingtech Sign 3G CDMA Subscriber Unit, Module/Modem Card License Agreement

(Business News & Technology News, 17 Oct 2008)

Qualcomm Inc. and Jiaxing Wingtech Communication Technology Co. Ltd (Wingtech), a China-baed mobile terminals company, 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 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," says Derek Aberle, Executive Vice President and President of Qualcomm Technology Licensing. "Wingtech will contribute to the growth of the global wireless market by developing, manufacturing and selling 3G CDMA handsets and module/modem cards."

"This agreement with Qualcomm provides Wingtech with the opportunity to expand into the 3G CDMA market and to offer our customers advanced technologies in demand in China and worldwide," says Xuezheng Zhang. "As a leader in the industry, Wingtech is dedicated to research and development of innovative handset solutions and looks forward to developing, manufacturing and selling CDMA2000 products."

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