SAN DIEGO — September 27, 2007 — Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, and Teleepoch, Ltd., a Chinese mobile solutions provider, today announced that they have entered into a subscriber unit license agreement. Under the terms of the royalty-bearing agreement, Qualcomm has granted Teleepoch a worldwide patent license to develop, manufacture and sell CDMA2000® subscriber units. The royalties payable by Teleepoch are at Qualcomm's standard rates.
“Qualcomm's business model of inclusion fosters both competition and choice and is successful because of our shared commitment to the success of our partners,” said Marvin Blecker, president of Qualcomm Technology Licensing. “We are pleased to sign this agreement with Teleepoch and continue to enable our partners to offer innovative, low-cost products and services to their customers.”
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