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QUALCOMM Incorpor (QCOM)
at 4:00pm 37.15 +0.70
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Qualcomm and Shanghai HuaQin enter into subscriber unit license agreement

Aug 06, 2008 (Datamonitor via COMTEX News Network) --

Qualcomm and Shanghai HuaQin Telecom Technology 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 assemblies for sale to other device suppliers). The royalties payable by HuaQin are at Qualcomm's standard rates.

Marvin Blecker, president of Qualcomm Technology Licensing, said: "This license agreement with HuaQin, a Chinese company founded in June 2005 and dedicated to R&D 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."


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