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QUALCOMM expands CDMA license of Westech Korea

Posted: 16 May 2002 ?? ?Print Version ?Bookmark and Share

Keywords:Westech Korea? CDMA digital wireless technology? cdmaOne? CDMA2000 1X/1xEV-DO system?

QUALCOMM Inc., a provider of CDMA digital wireless technology, has extended Westech Korea's existing licenses to design, develop and sell mobile subscriber units and knockdown kits for cdmaOne and CDMA2000 1X/1xEV-DO systems.

As part of the agreement, QUALCOMM is taking an equity investment in Westech Korea in lieu of cash upfront fee payments.

"QUALCOMM is pleased to expand Westech Korea's license to include mobile subscriber units and knockdown kits," said Marvin Blecker, SVP and general manager of technology licensing for QUALCOMM. "Westech Korea will now have the opportunity to offer fully capable high-speed voice and data wireless products for the rapidly growing CDMA2000 1X mobile market and to supply knockdown kits consisting of all of the parts necessary to build a complete handset," Blecker added.

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