Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced the Company's support for an understanding reached between the governments of the United States and South Korea to preserve choice in the Korean wireless Internet platform market. The decision will grant South Korean wireless application developers, device manufacturers and wireless operators continued flexibility in introducing various wireless Internet technologies for their service offerings and will help maintain South Korea's role as a worldwide leader in the wireless industry.
"Qualcomm is very pleased that the United States and South Korean governments have reached this understanding. We believe freedom for each operator to select a preferred wireless Internet platform to meet its customers' needs will maintain a high-level of competition and creativity in the South Korean wireless market," said Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm. "Indeed, this is welcome news for all parties in the mobile applications marketplace. Subscribers of BREW-enabled services, for example, can continue to access and enjoy BREW-based applications. Korean developers can continue to benefit by delivering their locally developed BREW-based applications to the worldwide marketplace.
"I commend the U.S. and South Korean governments for their cooperative efforts to ensure that technical standards do not hamper the availability of new technologies and services. Special recognition is due to U.S. Trade Representative Robert Zoellick, his staff at USTR, and the Administration's interagency team for their leadership on this landmark understanding. We also appreciate Minister Chin Dae-je's expertise in the wireless sector and management of this issue."
Qualcomm's BREW™ system provides products and services that connect the mobile marketplace value chain, which includes application developers, publishers, content providers, device manufacturers, operators and consumers.
Publishers and developers worldwide are generating revenue from BREW-based applications and content, and 26 manufacturers have offered more than 135 BREW-enabled device models to consumers. BREW is successfully enabling the commercial wireless data services of many very successful operators, including Verizon Wireless, ALLTEL, Cellular One, MetroPCS, Midwest Wireless and U.S. Cellular in the United States, China Unicom, KDDI in Japan, KTF in South Korea, Hutch in Thailand, Telstra in Australia, VIVO in Brazil, BellSouth Chile, BellSouth Colombia, BellSouth Ecuador, BellSouth Guatemala, BellSouth Nicaragua, BellSouth Panama, BellSouth Perú, Telefónica Móviles in Peru, Movicom in Argentina, Telcel and Movilnet in Venezuela, Verizon Dominican Republic, Verizon Wireless Puerto Rico and Pelephone in Israel.
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 extent and speed to which the BREW solution is deployed and 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 28, 2003, and most recent Form 10-Q.