Dec 4, 2002SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- December 4, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology and China Unicom, a major wireless service provider in China, today announced that they have signed an agreement to create a joint venture that will foster the growth of the developer community and Qualcomm's Binary Runtime Environment for Wireless™ (BREW) platform in China. The joint venture will capitalize on the technical advantages of BREW technology, the competitive advantages of CDMA in wireless data and the versatile operating capabilities of China Unicom.
According to the agreement, China Unicom and Qualcomm will work together to provide technical support and training for Chinese application developers in order to drive CDMA adoption and increased use of the BREW platform. The joint venture will provide Chinese developers with opportunities to attend BREW training events and guidance on how to export their applications into the global BREW marketplace.
"The joint venture will nurture the fast-growing BREW developer community in China with the mission of creating a powerful and personalized wireless experience for China Unicom subscribers that is unrivaled," said Dr. Paul E. Jacobs, president, Qualcomm Wireless and Internet Group. "The BREW solution gives Chinese developers a complete blueprint for building applications and generating revenues - the joint venture will serve as the architecture for commercial success."
"We have a successful cooperative relationship with Qualcomm and look forward to the implementation of our joint venture," said China Unicom. "Our combined wireless expertise and commitment to the Chinese BREW community will have a positive impact on the growth of wireless data usage and the utilization of our advanced CDMA2000 1X network."
Deployments of the BREW solution continue as carriers throughout the world join Verizon Wireless and ALLTEL in the United States, KTF in South Korea and KDDI in Japan in commercializing BREW-based services. U.S. Cellular has launched a BREW user trial and China Unicom announced its plans to launch BREW-based services in China. Twenty-nine BREW-enabled handsets are already available to consumers worldwide, and 30 device manufacturers have indicated their interest in the BREW platform.
Qualcomm's BREW platform is a thin application execution environment that provides an open, standard platform for wireless devices. The BREW platform is part of a complete, end-to-end solution for wireless applications development, device configuration, application distribution, and billing and payment. The complete BREW solution includes the BREW SDK™ (software development kit) for developers, the BREW applications platform and porting tools for device manufacturers, and the BREW Distribution System (BDS) that is controlled and managed by carriers - enabling them to easily get applications from developers to market and coordinate the billing and payment process. Carriers' BREW-based services will enable consumers to customize their handsets by downloading applications over the air from a carrier's application download server. The BREW platform is a product of Qualcomm Internet Services (QIS), a division within the Qualcomm Wireless&Internet (QWI) Group of Qualcomm Incorporated.
The joint venture is now working through the corporation registration process. Additional details regarding the joint venture have not been disclosed.
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. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and 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 and the BREW platform is adopted, 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 30, 2002, and most recent Form 10-Q.