Thursday, April 14, 2011

Qualcomm and Zoom Technologies sign WCDMA subscriber unit license agreement

BEIJING, USA: Qualcomm Inc. and Zoom Technologies Inc. announced that they have entered into a subscriber unit license agreement. Under the terms of the agreement, Qualcomm has granted Zoom a worldwide, royalty-bearing patent license to develop, manufacture and sell WCDMA and TD-SCDMA subscriber units. The royalties payable by Zoom are at Qualcomm's standard worldwide rates.

"Qualcomm and Zoom Technologies both share a strong commitment to R&D and are dedicated to driving the wireless industry forward in China and around the world," said Derek Aberle, executive vice president and president of Qualcomm Technology Licensing. "This agreement enables them to develop, manufacture and sell advanced 3G products, greatly enhancing Zoom's competitive position in the global wireless landscape."

"This agreement with Qualcomm is an enormous step towards our advancement in the 3G market, enabling us to produce the latest products for the dynamic Chinese market," said Leo Gu, chairman and chief executive officer of Zoom Technologies.

"Our Nollec Wireless subsidiary, long known for its world class design team in wireless communication, will now develop highly competitive 3G products, such as smartphones, running on the Android operating system, setting in motion our plan to deliver a series of professional use 3G smartphones to Asia, Europe and beyond."

Zoom's wholly owned subsidiary Nollec Wireless, a mobile phone and wireless communication design company, will operate under the license.

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