Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced the appointment of Dr. Young Koo Cha as the new senior vice president of Qualcomm and president of Qualcomm Korea. Dr. Cha replaces Dr. Sung Woo Kim who is retiring from Qualcomm in his position as senior vice president of Qualcomm and president of Qualcomm Korea.
“I am pleased to welcome Dr. Cha who brings a wealth of experience in the high-tech industry, academia and the Korean government,” said Jing Wang, executive vice president of Qualcomm Asia Pacific & Middle East and Africa. "Korea holds a special place in Qualcomm history, and our appointment of Dr. Cha reflects the importance of Korea to the Company. Korea was one of the first countries to adopt Qualcomm's CDMA technology, and Qualcomm's strong relationships with our customers, suppliers and carriers, as well as the Korean government, have helped fuel the growth of the wireless industry throughout the world.”
“I thank Dr. Kim for more than 10 years of dedication and contributions to our business successes in Korea,” Wang said. “Under his leadership and work with Qualcomm's business partners in Korea, the Korean market has developed into one of the strongest CDMA markets globally. We wish Dr. Kim the very best as he enjoys his new phase in life.”
Dr. Cha will work closely with Jim Doh, senior vice president and president of Qualcomm CDMA Technologies Korea/Taiwan/Japan.
Dr. Cha is currently a visiting professor at the Graduate Institute for Peace (GIP) at the Kyung Hee University in Korea. He was Senior Executive Advisor of Pantech Inc., and visiting professor at the Graduate School of International Studies (GSIS) at the Seoul National University (SNU) from 2004 to 2006. Prior to that, he was former Deputy Minister for Policy of the Ministry of National Defense of the Republic of Korea (ROK) from October 2001 through April 2004. Dr. Cha retired from Korean military as Lieutenant General. He is currently serving as the Executive Director for Korea America Association (KAA).
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 2009 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.