Jun 25, 2003SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO - June 25, 2003 - Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and VIA Telecom, Inc., a privately held fabless semiconductor company, today announced the assignment to VIA Telecom of LSI Logic Corporation"s cdmaOne™ and CDMA2000 1X Application Specific Integrated Circuits (ASICs) license under Qualcomm"s patented CDMA technology. The assignment of the royalty-bearing license agreement enables VIA Telecom to develop, manufacture and sell cdmaOne and CDMA2000 1X ASICs to Qualcomm"s subscriber equipment licensees for digital cellular, personal communications services and wireless local loop applications around the world.
"This agreement allows us to provide our wireless customers with a baseband processor solution, for use in a wide variety of CDMA2000 devices offering voice, data and GPS-enabled applications, which will help deliver time-to-market and product differentiation advantages keyed by the CDMA standard," said Ker Zhang, CEO of VIA Telecom. "VIA Telecom is excited to expand its product offering to include ASIC solutions for the global CDMA2000 market, and to continue working with Qualcomm on accelerating the growth of CDMA2000 worldwide."
The license assignment comes as a result of VIA Telecom"s acquisition of LSI Logic"s CDMA Wireless Division, which entered into a licensee agreement with Qualcomm in 1997.
VIA Telecom, Inc., a privately held fabless semiconductor company headquartered in San Diego, California, is a leading innovator and developer of CDMA chipsets. VIA Telecom"s single-chip CDMA baseband processors support IS-95 and CDMA2000 technologies and are used in third-generation (3G) voice, data and GPS-enabled devices. In addition to its powerful chipsets, VIA Telecom also offers a software development package including protocol stack software, customizable user interface, software diagnostic tools, and test support.
VIA Telecom design centers are located in San Diego and Fremont, California; Taipei, Taiwan; and Hangzhou, China. Sales and marketing offices are located in the United States, Taiwan, China and Korea. For additional information, please visit the Web site at http://www.via-telecom.com or send e-mail to [email protected].
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 companies" 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 companies serve, as well as the other risks detailed from time to time in Qualcomm"s SEC reports, including the report on Form 10-K for the year ended September 30, 2002, and most recent Form 10-Q.