Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, and Linktop Technology Co., Ltd., a company specialized in developing and manufacturing communication terminal products in China, today announced that they have entered into a subscriber unit and modem card/module license agreement (including PCB assemblies). Under the terms of the royalty bearing agreement, Qualcomm has granted Linktop a worldwide patent license to develop, manufacture and sell subscriber units and modem cards/modules implementing the CDMA2000® standard. The royalties payable by Linktop are at Qualcomm's standard worldwide rates.
“Qualcomm is pleased to welcome Linktop as a CDMA2000 subscriber unit and module/modem card licensee,” said Derek Aberle, executive vice president and president of Qualcomm Technology Licensing. “This agreement with Linktop enables yet another Chinese company to meet the growing and diverse needs of its domestic and international customers by offering a wide range of high-speed, innovative products.”
“This agreement with Qualcomm, a leading innovator in the wireless industry, provides an exciting opportunity for Linktop to grow its business in the wireless market in China,” said Mr. Bill Xu, chief executive officer of Linktop. “This agreement enables Linktop to provide competitive CDMA2000 products and to offer our customers increased capabilities, high data rates and low costs.”
Linktop Technology Co., Ltd. is one of the leading fixed wireless phone and CDMA mobile phone manufacturers in China. For more information, please visit www.linktop.com.cn.
Qualcomm Incorporated (Nasdaq: QCOM) 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. For more information, please visit www.qualcomm.com.
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 28, 2008, and most recent Form 10-Q.