Qualcomm and Zoom Technologies Sign WCDMA Subscriber Unit License Agreement
Qualcomm, a leading developer and innovator of advanced wireless technologies, and Zoom Technologies, has 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.
Derek Aberle, executive vice president and president of Qualcomm Technology Licensing believed the deal was an important milestone:
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. This agreement enables them to develop, manufacture and sell advanced 3G products, greatly enhancing Zoom’s competitive position in the global wireless landscape.
Mr. Leo Gu, chairman and chief executive officer of Zoom Technologies stated the agreement with Qualcomm was an enormous step towards Zoom's advancement in the 3G market:
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.
More details are expected to be released in the coming weeks.