SAN DIEGO -- November 2, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced an amendment to Kyocera Corporation's existing CDMA subscriber unit license agreement which expands the licenses under Qualcomm's CDMA patent portfolio to include the development, manufacture and sale of subscriber equipment for third-generation (3G) CDMA technologies, and wireless local loop (WLL) and CDMA modem card products. Prior to the amendment, Kyocera's CDMA license covered only complete mobile subscriber units for cdmaOne( applications. Under the terms of the amendment, Kyocera will pay Qualcomm a multi-million dollar license fee and ongoing royalties at the same rates irrespective of the licensed CDMA standard.
"By extending and expanding its license agreement, Kyocera has positioned itself to use Qualcomm's technology to support advanced 3G voice and data communications that are now rolling out," said Steve Altman, president of Qualcomm Technology Alliances. "We are very pleased that Kyocera recognizes the necessity, importance and applicability of Qualcomm's patent portfolio for all third-generation CDMA technologies."
"Kyocera is working to accelerate the availability of 3G subscriber products that provide advanced wireless voice communications and high-speed Internet access capabilities," said Yasuo Nishiguchi, president of Kyocera Corporation. "By receiving the license for Qualcomm's 3G CDMA technologies, Kyocera will be able to offer a complete line of 3G wireless voice and data products to our customers and OEM partners worldwide, including WLL, embedded modules and CDMA modem card products."
Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of telecommunications equipment, semiconductor packages, electronic components, cameras, laser printers, copiers, solar energy systems and industrial ceramics. During the year ended March 31, 2000, Kyocera Corporation's consolidated net sales totaled 812 billion yen (US$7.9 billion) with net income of 50 billion yen (US$489 million). Kyocera Corporation has been recognized by IndustryWeek magazine as one of "The World's 100 Best-Managed Companies."
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business areas include integrated CDMA chipsets and system software; technology licensing; Eudora® email software for Windows® and Macintosh® computing platforms; digital cinema systems; and satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards- setting bodies worldwide. Qualcomm has licensed its essential CDMA patent portfolio to more than 90 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2000 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, 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 26, 1999, and most recent Form 10-Q.
Qualcomm, OmniTRACS and Eudora are registered trademarks and OmniExpress is a trademark of Qualcomm Incorporated. cdmaOne is a trademark of the CDMA Development Group. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. Windows is a registered trademark of Microsoft Corp. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners.
November 02, 2000November 02, 2000