May 15, 2003SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- May 15, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, extended congratulations to China Unicom (NYSE: CHU) following the Chinese mobile carrier's announcement that it is now supporting 10 million subscribers on its CDMA network.
"We are proud to congratulate China Unicom on this great achievement," said Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm. "With the launch of their CDMA2000 1X network, and their commitment to Qualcomm's BREW platform, China Unicom is now poised to offer its fast-growing customer base an exciting range of data applications and services that make China one of the world's most advanced mobile communications markets."
China Unicom's CDMA network was launched in January 2002. Its first milestone of four million users came in October 2002. By the end of 2002, Unicom had met its initial goal of a first-year subscriber base of seven million users. In 2003, Unicom has continued its growth with the rollout of CDMA2000 1X services, its planned nationwide launch of BREW-enabled data services, and the formation of a joint venture with Qualcomm, Unicom-BREW Telecommunication Technologies Ltd., to encourage the domestic developer community.
3G CDMA has been launched by 43 operators in 24 countries across Asia Pacific, Australia, Eastern Europe and the Americas. CDMA2000 1X operators are experiencing increased average revenue per user (ARPU) in data-related services, support from an expanded base of device manufacturers and myriad applications from an increasing number of content developers. Qualcomm supports 3G CDMA with chipsets and system software solutions. For further information on 3G, please visit www.3gtoday.com.
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 is a 2003 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 30, 2002, and most recent Form 10-Q.