Qualcomm Incorporated (Nasdaq: QCOM) today announced two appointments to further strengthen the Company's growing operations in the People's Republic of China (PRC). Mr. Jing Wang has been appointed chairman of Qualcomm China and Mr. Frank Meng has been appointed president of Qualcomm China.
Mr. Wang will oversee strategic initiatives and provide strategic direction for Qualcomm's China operations. As senior vice president of Qualcomm, Mr. Wang will continue to handle strategic and regulatory affairs and head the Asia Pacific Strategic Committee within Qualcomm's global business development organization.
As president of Qualcomm China, Mr. Meng will have responsibility for customer support, business development, staff performance and day-to-day operations. Prior to this appointment, Mr. Meng served as vice president of business development for Qualcomm and head of Qualcomm CDMA Technologies in China. Both executives will report to Jeff Jacobs, president of global development for Qualcomm.
Rich Sulpizio, who served as interim president of Qualcomm China since May 2002 and guided Qualcomm's expansion in China, will transition his responsibilities to Mr. Wang and Mr. Meng this month and continue in his role as a member of the Company's Board of Directors.
"Rich has played a significant role for Qualcomm in China, guiding our operations through a rapid and major expansion, and supporting China Unicom in the launch of Unicom's CDMA network," said Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm. "During his tenure, Rich built a powerful and highly professional team of telecommunications executives to oversee Qualcomm's operations in the next phase of CDMA development in the PRC."
"A key part of my mandate in coming to China was to identify executives who could lead a significantly expanded Qualcomm presence in Greater China, and simultaneously work in partnership with the Chinese government, China Unicom, manufacturers, BREW developers and other businesses," said Mr. Sulpizio. "Jing and Frank are those executives that will help drive the continued growth of CDMA in China."
"Appointing Jing chairman of Qualcomm China formalizes his strategic role in providing direction and focus to our efforts, and delivering the highest level of support to the Chinese market and our partners," said Jeff Jacobs. "Frank's work with QCT has helped expand our relationships with handset and infrastructure partners. His industry and Qualcomm experience makes him the ideal candidate to manage our in-country operations in China."
Prior to joining Qualcomm in 2001, Mr. Wang served as head of the Asia Practice Group for more than 12 years at Reed Smith, LLP, where he represented many prominent corporations, including Qualcomm, in handling legal and regulatory issues involved in business transactions in the Asia Pacific region. Jing Wang received his bachelor's degree from Anhui University, LL.M from the People's University of China, Department of Law and an LL.M from the University of Virginia School of Law.
Mr. Meng joined Qualcomm last year after most recently serving as chief operating officer for the Tecom Asia Group in Beijing. Frank Meng obtained a bachelor's degree of science in microwave and fiber optic communications from Beijing University of Posts and Telecommunications, and his master's degree of science in electrical engineering from the Polytechnic University of New York.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's Code Division Multiple Access (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.