Motorola Expands Relationship with Qualcomm to Include Next Generation UMTS 3G Chipsets
SCHAUMBURG, Ill. – Motorola, Inc. (NYSE:MOT) today announced that the company is broadening its relationship with Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions. Motorola intends to design Qualcomm chipsets into certain UMTS 3G handsets beginning at the end of 2008 and in 2009. Terms of the agreement were not disclosed.
“Qualcomm is a valued supplier and I am excited about the UMTS opportunities we are pursuing together,” said Alain Mutricy, senior vice president, platform technology, Motorola’s Mobile Devices business. “This agreement represents a further step in the execution of our silicon strategy.”
“Motorola is a market leader committed to delivering innovative products that meet the growing demands for wireless devices,” said Sanjay Jha, chief operating officer of Qualcomm and president of Qualcomm CDMA Technologies. “The expansion of our strong relationship with Motorola helps us work more closely together to deliver the products and solutions that meet consumer needs.”
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