Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, and Arasor Corporation, a wholly owned subsidiary of Arasor International Ltd., today announced they have entered into a subscriber unit license agreement. Under the terms of the royalty-bearing agreement, Qualcomm has granted Arasor a worldwide license under its CDMA patent portfolio to develop, manufacture and sell CDMA2000® and 1xEV-DO subscriber units. The royalties payable by Arasor are at Qualcomm's standard rates.
“Qualcomm is pleased to license Arasor for the development, manufacture and sale of CDMA2000 and 1xEV-DO subscriber products,” said Derek Aberle, senior vice president and general manager of Qualcomm Technology Licensing. “This agreement enables yet another company to participate in the 3G CDMA wireless market worldwide, thereby helping to facilitate and promote healthy and vibrant competition within the wireless industry.”
“Many countries around the world are recognizing the tremendous growth and importance of providing broadband wireless services,” said Simon Cao, chief executive officer of Arasor. “3G CDMA is a key element for performance improvement and decreasing the costs of these services, and will enable Arasor to offer additional high-quality and innovative broadband wireless products to emerging markets around the world.”
Arasor International Ltd. (ASX: ARR.AX) is a developer and provider of integrated optoelectronic and wireless solutions that drive greater bandwidth and richer content to consumers. Under the leadership of one of the strongest management and engineering teams in the optoelectronics industry today, Arasor aims to establish itself as a leading solutions company serving global customers in the wireless, network transport and consumer optoelectronic industries. Arasor's worldwide headquarters is located in Mt. View, California, USA and also has operations in Guangzhou, China; Shanghai, China; Yokohama, Japan. For additional information: www.arasor.net.
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.
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