Ted Matsumoto, Senior Vice President and Chairman of Qualcomm Japan/SEA-Pacific Accepts New Position with Softbank MobileSAN DIEGO
Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced the appointment of Mr. Jing Wang to senior vice president and chairman of Qualcomm Asia Pacific. In his new role, Mr. Wang will assume management responsibilities for the Southeast Asia and Pacific regions, overseeing strategic initiatives and providing strategic direction for Qualcomm's Asia Pacific operations, in addition to his current management responsibilities for Greater China. Mr. Wang will form and lead an Asia Pacific Strategy Committee within Qualcomm's global business development organization in order to support the acceleration of 3G CDMA take-up across the region.
Ted Matsumoto, who had served as senior vice president and chairman of Qualcomm Japan/SEA-Pacific, has accepted a position as executive vice president and chief strategy officer of Softbank Mobile.
“Appointing Jing as senior vice president and chairman of Qualcomm Asia Pacific solidifies his strategic role in accelerating the growth of 3G CDMA across the entire region,” said Jeff Jacobs, president of global development for Qualcomm. “He has been instrumental in enabling Chinese companies to become global wireless leaders and we are confident that he will continue to contribute significantly in driving 3G across all of Asia Pacific.”
“We also will greatly miss Ted's leadership, but we look forward to continuing to work closely with him as Softbank Mobile strives to achieve its strategic 3G business goals in Japan,” Jacobs said.
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. Mr. Wang is well known as a leading expert on international and Chinese business and has been recognized by top Chinese media as one of the “Ten Most Valuable CEOs.” 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.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2006 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
August 22, 2006
August 22, 2006