Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has signed a multi-million dollar license agreement with Kyocera Corporation of Kyoto, Japan. Under terms of the agreement, Kyocera has been granted a worldwide, royalty-bearing license to manufacture and sell Code Division Multiple Access (CDMA) subscriber products. Kyocera becomes the 14th Japanese manufacturer to take an IS-95 CDMA license from Qualcomm.
"Kyocera has been very active in the telecommunications industry with personal handy-phone systems and cellular phones," said Steve Altman, senior vice president and general manager of Qualcomm's Technology Transfer division. "Our agreement today allows Kyocera to enter the CDMA marketplace with subscriber products for the latestgeneration digital cellular and personal communications services. By becoming an IS-95 CDMA licensee, Kyocera is enhancing its overall market position, as well as becoming a major source of supply for high-quality CDMA products."
"We're entering a new era in telecommunications in Japan and around the world," said Yasuo Nishiguchi, senior managing director for Kyocera Corporation. "Kyocera is constantly looking ahead and anticipating the needs of the world's consumers. Our agreement with Qualcomm enables us to move ahead into the rapidly growing CDMA personal communications marketplace with products that will improve sound quality and offer a higher level of digital service."
Kyocera Corporation founded DDI Corporation (Daini-Denden), one of Japan's largest telecommunications carriers, and currently holds more than 21 percent of the company. Dr. Kazuo Inamori concurrently serves as chairman of both Kyocera and DDI. Japanese carriers, including DDI and IDO (Nippon Idou Tsushin Corporation), have recently announced their move towards CDMA for next generation wireless networks. CDMA offers a cost effective long-term solution to Japan's skyrocketing demand for cellular and PCS wireless products and services.
Kyocera Corporation is a global company which develops and manufactures ceramic products, electronic components, optical equipment, printers and peripherals and telecommunications equipment.
Headquartered in San Diego, Qualcomm develops, manufactures, markets, licenses and operates advanced communications systems and products based on its proprietary digital wireless technologies. The Company's primary product areas are the OmniTRACS® system (a geostationary satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar low-earth-orbit (LEO) satellite communications system. Other Company products include the Eudora Pro electronic mail software, ASIC products, and communications equipment and systems for government and commercial customers worldwide. For more information on Qualcomm products and technologies, please visit the Company's web site at http://www.qualcomm.com.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely productdevelopment, 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 24, 1995 and most recent Form 10-Qs.