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SAN DIEGO, Calif. Aug. 5, 2008 -- Qualcomm Incorporated and Shanghai HuaQin Telecom
Technology Co. Ltd.
(HuaQin), today announced that they have entered into a subscriber unit
license agreement. Under the terms of the royalty bearing agreement,
Qualcomm has granted HuaQin a worldwide license under its patent
portfolio to develop, manufacture and sell CDMA2000® subscriber units
and modem cards (including Printed Circuit Board (PCB) Assemblies for
sale to other device suppliers). The royalties payable by HuaQin are at
Qualcomm's standard rates.
“The development of the CDMA
wireless industry in China is providing a great deal of growth
opportunities to local companies and operators,” said Marvin Blecker,
president of Qualcomm Technology Licensing. “This license agreement
with HuaQin, a Chinese company founded in June 2005 and dedicated to
research and development of telecom products, will enable them to
introduce advanced 3G
CDMA2000 products into the growing CDMA market in China, thereby
fulfilling HuaQin's goal of offering the most efficient, high-quality
phones to their customers.”
“HuaQin is excited by the opportunities made available by Qualcomm's 3G
CDMA technology and will apply our resources to quickly begin offering
advanced 3G CDMA2000 products to our customers,” said Wensheng Qiu,
president of HuaQin. “The license from Qualcomm, a company known for
its continuous innovation and support for the wireless industry, will
allow us to offer our customers devices with increased capabilities and
high data rates while bringing down consumer prices.”
About Shanghai HuaQin Telecom Technology Co. Ltd
Shanghai HuaQin Telecom Technology Co. Ltd, a high technology company,
specializes in researching and developing mobile ultimate products.
HuaQin provide its clients with leading products and technology and
offers them the most efficient service with high quality.
Information Source: Qualcomm
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