Your News Alert for QCOM

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GE] [IMAGE] [IMAGE] [IMAGE] =09 As requested, your News Alert for QCOM =
follows from EquityAlert.com. QUALCOMM Enters into CDMA Subscriber Uni=
t License and Technology Transfer Agreement with TCL Holdings Co. SAN DIE=
GO, Nov 19, 2001 (BUSINESS WIRE) -- QUALCOMM Incorporated (Nasdaq: QCOM), p=
ioneer and world leader of Code Division Multiple Access (CDMA) digital wir=
eless technology, and TCL Holdings Co. Ltd., a large scale leading Chinese =
enterprise, today announced that they have signed a commercial subscriber u=
nit license and technology transfer agreement. Under the terms of the world=
wide, royalty-bearing license agreement, QUALCOMM has granted TCL Holdings =
a license under QUALCOMM's CDMA patent portfolio to develop, manufacture an=
d sell cdmaOne(TM) and third-generation (3G) CDMA2000 1X/1xEV subscriber eq=
uipment. Additionally, TCL Holdings has entered into a multi-million dollar=
CDMA2000 1X design technology transfer agreement for QUALCOMM's developmen=
t and design of CDMA2000 1X subscriber unit equipment. "QUALCOMM is pleas=
ed to welcome TCL Holdings, as they are the first company in China to sign =
a 3G CDMA2000 1X handset design transfer agreement with QUALCOMM. TCL Holdi=
ngs' strong leadership position and technical expertise will allow them to =
contribute significantly to the growth of the CDMA market," said Paul Jacob=
s, group president of QUALCOMM Wireless and Internet Group. "We look forwar=
d to providing technical assistance to support TCL Holdings' efforts in dep=
loying and rolling out cdmaOne and 3G wireless communications products for =
the China marketplace." "TCL Holdings is glad to enter into a commercial =
subscriber unit license and design technology transfer agreement with QUALC=
OMM, who is recognized as the world leader in CDMA technology products and =
solutions," said Dr. MingJian Wan, president of TCL Mobile Communications. =
"As a leading handset manufacturer among Chinese domestic players, TCL is c=
ommitted to enhancing its CDMA product offerings and looks forward to worki=
ng with QUALCOMM to help promote and drive the worldwide adoption of CDMA. =
This agreement will allow us to accelerate the development of CDMA subscrib=
er unit equipment and meet the growing demand for innovative, advanced, yet=
cost-effective wireless devices in China." TCL Holdings Co., Ltd. (www.t=
cl.com), is a large scale leading enterprise and recognized as one of the m=
ost valuable brand names in China. TCL Holdings is currently engaged mainly=
in the electronic product business including home appliance, telecommunica=
tions, information technology and electrical components. The Company's majo=
r strength resides in the areas of dominating sales and distribution channe=
ls in China, a rich and innovative product portfolio, cost effective manufa=
cturing and full commitment to R&D. Headquartered in HuiZhou, GuangDong Chi=
na, TCL Holdings has two publicly traded companies under its brand in addit=
ion to many other business units. TCL International Holding Limited is publ=
icly traded on the Hong Kong stock market under the ticker symbol 1070 and =
TCL Communication Equipment Co., limited is traded on the China ShenZhen St=
ock market under the ticker symbol 0542. QUALCOMM Incorporated (www.qualc=
omm.com) is a leader in developing and delivering innovative digital wirele=
ss communications products and services based on the Company's CDMA digital=
technology. The Company's business areas include CDMA chipsets and system =
software; technology licensing; the Binary Runtime Environment for Wireless=
(TM) (BREW(TM)) applications platform; Eudora(R) e-mail software; digital c=
inema systems; and satellite-based systems including portions of the Global=
star(TM) system and wireless fleet management systems, OmniTRACS(R) and Omn=
iExpress(R). QUALCOMM owns patents that are essential to all of the CDMA wi=
reless telecommunications standards that have been adopted or proposed for =
adoption by standards-setting bodies worldwide. QUALCOMM has licensed its e=
ssential CDMA patent portfolio to more than 100 telecommunications equipmen=
t manufacturers worldwide. Headquartered in San Diego, Calif., QUALCOMM is =
included in the S?500 Index and is a 2001 FORTUNE 500(R) company traded on =
The Nasdaq Stock Market(R) under the ticker symbol QCOM. Except for the h=
istorical information contained herein, this news release contains forward-=
looking statements that are subject to risks and uncertainties, including t=
he Company's ability to successfully design and have manufactured significa=
nt quantities of CDMA components on a timely and profitable basis, the exte=
nt and speed to which CDMA is deployed, change in economic conditions of th=
e various markets the Company serves, as well as the other risks detailed f=
rom time to time in the Company's SEC reports, including the report on Form=
10-K for the year ended September 30, 2001, and most recent Form 10-Q. Q=
UALCOMM, OmniTRACS, OmniExpress and Eudora are registered trademarks of QUA=
LCOMM Incorporated. BREW is a trademark of QUALCOMM Incorporated. Globalsta=
r is a trademark of Loral QUALCOMM Satellite Services, Incorporated. cdmaOn=
e is a trademark of the CDMA Development Group. All other trademarks are th=
e property of their respective owners. CONTACT: QUALCOMM Incorpo=
rated, San Diego Corporate Public Relations =
Patty Goodwin, 858/651-4127 Fax: 858/651-5873 =
pgoodwin@qualcomm.com or =
Investor Relations Julie Cunningham, 858/658-4224 =
Fax: 858/651-9303 jcunningham@qualcomm.com =
or TCL Holdings Ellen Z=
ee, IPR Asia Limited, (852) 2136 6184 Fax: (852) 2136 606=
8 ellenzee@iprasi.com.hk URL: http://www.bus=
inesswire.com Today's News On The Net - Business Wire's full file on the In=
ternet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire=
. All rights reserved. -0- KEYWORD: TRACK CALIFORNIA INDUSTRY =
KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS =
HARDWARE SOFTWARE INTERNET =
E-COMMERCE SOURCE: QUA=
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