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Qualcomm and Teleepoch Enter Into a 3G CDMA Subscriber Unit License
Agreement
October 6, 2007
Qualcomm, a developer of wireless technologies and data solutions,
and Teleepoch, a Chinese mobile solutions provider, 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."
“Teleepoch looks forward to developing, manufacturing and
selling 3G handsets that will deliver the advanced wireless capabilities
that consumers in China and worldwide demand today," said Dr.
Chuan Wang, chairman of Teleepoch. "With this license agreement,
Teleepoch will enable high-speed data services and feature-rich
applications while increasing power efficiency and cost-effectiveness."
Teleepoch is a mobile solution provider of CDMA, GSM, 3G, GPS and
Mobile TV handsets, data devices as well as PDAs. The company is
registered in Cayman Island with its principal office located in
Shenzhen, China.
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