QUALCOMM and Sagem Communication Sign WCDMA Subscriber Unit License Agreement
QUALCOMM Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and mobile data solutions, today announced that it has entered into a WCDMA subscriber unit license agreement with Sagem Communication (SAFRAN Group). Under the terms of a royalty-bearing agreement, QUALCOMM has granted Sagem Communication a worldwide license under its patent portfolio to develop, manufacture and sell 3G WCDMA subscriber units at QUALCOMM’s standard worldwide royalty rates.
“QUALCOMM is pleased to license its patented technologies to Sagem Communication, enabling yet another European company to compete in the dynamic and rapidly growing opportunities for 3G WCDMA products,” said Marvin Blecker, president of QUALCOMM Technology Licensing. “We are quite pleased that QUALCOMM’s proactive licensing business model continues to enable new entrants to introduce exciting new 3G WCDMA products, providing operators and consumers with increasing choices among a large array of product offerings at all price points.”
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 500 Index and is a 2007 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 WCDMA components on a timely and profitable basis, the extent and speed to which WCDMA 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 24, 2006, and most recent Form 10-Q.
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