Your News Alert for QCOM

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follows from EquityAlert.com. QUALCOMM: QUALCOMM enters into CDMA subs=
criber unit license and technology transfer agreement with TCL Holdings Co.=
San Diego, Nov 19, 2001 (M2 PRESSWIRE via COMTEX) -- QUALCOMM Incorporat=
ed (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Acces=
s (CDMA) digital wireless technology, and TCL Holdings Co. Ltd., a large sc=
ale leading Chinese enterprise, today announced that they have signed a com=
mercial subscriber unit license and technology transfer agreement. Under th=
e terms of the worldwide, royalty-bearing license agreement, QUALCOMM has g=
ranted TCL Holdings a license under QUALCOMM's CDMA patent portfolio to dev=
elop, manufacture and sell cdmaOne and third-generation (3G) CDMA2000 1X/1x=
EV subscriber equipment. Additionally, TCL Holdings has entered into a mult=
i-million dollar CDMA2000 1X design technology transfer agreement for QUALC=
OMM's development and design of CDMA2000 1X subscriber unit equipment. QU=
ALCOMM Enters into "QUALCOMM is pleased to welcome TCL Holdings, as they ar=
e the first company in China to sign a 3G CDMA2000 1X handset design transf=
er agreement with QUALCOMM. TCL Holdings' strong leadership position and te=
chnical expertise will allow them to contribute significantly to the growth=
of the CDMA market," said Paul Jacobs, group president of QUALCOMM Wireles=
s and Internet Group. "We look forward to providing technical assistance to=
support TCL Holdings' efforts in deploying and rolling out cdmaOne and 3G =
wireless communications products for the China marketplace." "TCL Holding=
s is glad to enter into a commercial subscriber unit license and design tec=
hnology transfer agreement with QUALCOMM, who is recognized as the world le=
ader in CDMA technology products and solutions," said Dr. MingJian Wan, pre=
sident of TCL Mobile Communications. "As a leading handset manufacturer amo=
ng Chinese domestic players, TCL is committed to enhancing its CDMA product=
offerings and looks forward to working with QUALCOMM to help promote and d=
rive the worldwide adoption of CDMA. This agreement will allow us to accele=
rate the development of CDMA subscriber unit equipment and meet the growing=
demand for innovative, advanced, yet cost-effective wireless devices in Ch=
ina." TCL Holdings Co., Ltd. (www.tcl.com), is a large scale leading ente=
rprise and recognized as one of the most valuable brand names in China. TCL=
Holdings is currently engaged mainly in the electronic product business in=
cluding home appliance, telecommunications, information technology and elec=
trical components. The Company's major strength resides in the areas of dom=
inating sales and distribution channels in China, a rich and innovative pro=
duct portfolio, cost effective manufacturing and full commitment to R&D. He=
adquartered in HuiZhou, GuangDong China, TCL Holdings has two publicly trad=
ed companies under its brand in addition to many other business units. TCL =
International Holding Limited is publicly traded on the Hong Kong stock mar=
ket under the ticker symbol 1070 and TCL Communication Equipment Co., limit=
ed is traded on the China ShenZhen Stock market under the ticker symbol 054=
2. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and=
delivering innovative digital wireless communications products and service=
s based on the Company's CDMA digital technology. The Company's business ar=
eas include CDMA chipsets and system software; technology licensing; the Bi=
nary Runtime Environment for Wireless (BREW) applications platform; Eudora =
e-mail software; digital cinema systems; and satellite-based systems includ=
ing portions of the Globalstar system and wireless fleet management systems=
, OmniTRACS and OmniExpress. QUALCOMM owns patents that are essential to al=
l of the CDMA wireless telecommunications standards that have been adopted =
or proposed for adoption by standards-setting bodies worldwide. QUALCOMM =
has licensed its essential CDMA patent portfolio to more than 100 telecommu=
nications equipment manufacturers worldwide. Headquartered in San Diego, Ca=
lif., QUALCOMM is included in the S?500 Index and is a 2001 FORTUNE 500 com=
pany traded on The Nasdaq Stock Market under the ticker symbol QCOM. Exce=
pt for the historical information contained herein, this news release conta=
ins forward-looking statements that are subject to risks and uncertainties,=
including the Company's ability to successfully design and have manufactur=
ed significant quantities of CDMA components on a timely and profitable bas=
is, the extent and speed to which CDMA is deployed, change in economic cond=
itions of the various markets the Company serves, as well as the other risk=
s detailed from time to time in the Company's SEC reports, including the re=
port on Form 10-K for the year ended September 30, 2001, and most recent Fo=
rm 10-Q. CONTACT: Patty Goodwin, Corporate Public Relations, QUALCOMM Tel=
: +1 858 651 4127 Fax: +1 858 651 5873 e-mail: pgoodwin@qualcomm.com Julie =
Cunningham, Investor Relations, QUALCOMM Tel: +1 858 658 4224 Fax: +1 858 6=
51 9303 e-mail: jcunningham@qualcomm.com Ellen Zee, IPR Asia Limited Tel: +=
852 2136 6184 Fax: +852 2136 6068 e-mail: ellenzee@iprasi.com.hk M2 Commu=
nications Ltd disclaims all liability for information provided within M2 Pr=
essWIRE. Data supplied by named party/parties. Further information on M2 Pr=
essWIRE can be obtained at http://www.presswire.net on the world wide web. =
Inquiries to info@m2.com. (C)1994-2001 M2 COMMUNICATIONS LTD -0- [=
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