Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has signed a non-binding memorandum of understanding (MOU) with Asia Pacific Broadband Wireless Communications Inc. (APBW), the first operator in Taiwan to commercialize third-generation (3G) services utilizing CDMA2000 technology, regarding BREW-enabled services. The BREW solution is an end-to-end system for the creation and over-the-air delivery of wireless applications, with fully integrated billing, payment and application distribution capabilities. Qualcomm and APBW will work together to identify BREW-based applications and handsets compatible with APBW's current network.
"As Taiwan's first operator to commercialize 3G services, APBW prides itself on leading in wireless innovations ? such as a national CDMA2000 network and multimedia services," said Dr. Chungming An, CEO of APBW. "With Qualcomm's support and cooperation, we will become the first operator in Taiwan to launch a mobile multimedia service, and we will continue to work jointly to promote advanced technologies for bringing new services to the market place faster and efficiently."
"We look forward to working with APBW to bring BREW-based products and services to Taiwanese consumers," said Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm. "APBW is recognized for its leadership in driving the evolution of Taiwan's wireless communications, and this decision solidifies their position as Taiwan's most advanced operator for wireless data services."
APBW is a new entrant in Taiwan's mobile phone market, having obtained its 3G operating license from Taiwan's Ministry of Communications and Transportation in February 2002 and with plans to launch its CDMA2000 1xEV-DO network in early third quarter of this year. The company has built an island-wide network and set a target of signing up at least 710,000 3G subscribers by the end of 2003.
Deployments of the BREW solution continue as operators throughout the world join Verizon Wireless, ALLTEL and U.S. Cellular in the United States, KTF in South Korea, KDDI in Japan, China Unicom, VIVO (the joint venture between Telefónica Móviles and Portugal Telecom) in Brazil and Telstra in Australia, in commercializing BREW-based services. More than 70 BREW-enabled handset models have been offered to consumers worldwide by 15 different manufacturers.
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 the S&P 500 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 and the BREW solution 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.