Oct 27, 2008SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, and Cheng Uei Precision Industry Co., Ltd., (Foxlink) (TSE: 2392), a leading developer and manufacturer of communications devices, computers and consumer electronics, today announced that they have entered into a module/modem card patent license agreement. Under the terms of the royalty bearing agreement, Qualcomm has granted Foxlink a worldwide patent license to develop, manufacture and sell modules and modem cards implementing the CDMA2000®, WCDMA and/or TD-SCDMA standards. The royalties payable by Foxlink are at Qualcomm's standard worldwide rates.
“Qualcomm is pleased to expand its relationship with Foxlink to include a 3G CDMA, WCDMA and TD-SCDMA module/modem card license agreement,” said Derek Aberle, executive vice president and president of Qualcomm Technology Licensing. “Foxlink's experience with consumer electronics devices, including their recent entry into the production of displays utilizing Qualcomm's mirasol IMOD technology, will now grow to include the development and manufacturing of 3G CDMA modem cards and modules.”
Headquartered in Taipei, Taiwan, Foxlink is a leading developer and manufacturer of communication devices, computers and consumer electronics. Foxlink (a publicly listed company on the Taiwan Stock Exchange, ticker number 2392), was founded in 1986 and initially specialized in the manufacturing of communication products, later expanding into consumer electronics. Foxlink has two principle business lines - components and assembly - which support the production of communication and consumer electronics devices such as cables, connectors, handsets, MP3 players, video game consoles, Bluetooth headsets and GPS
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 100 Index, the S&P 500 Index and is a 2008 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, 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, 2007, and most recent Form 10-Q.