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Qualcomm forms JV with Vietnamese handset manufacturer

Posted: 04 Aug 2006 ?? ?Print Version ?Bookmark and Share

Keywords:QUALCOMM? IQLINKS JV? joint venture? CDMA450? CDMA?

Qualcomm Inc. announced the formation of a joint venture (JV) with Vietnamese handset manufacturer IQLinks. The IQLinks JV Co. (IQLINKS JV) is the first CDMA450 terminal manufacturer in Vietnam. It also is the first company headquartered in Vietnam to enter into a patent license agreement with Qualcomm to develop, manufacture and sell CDMA2000 and EV-DO subscriber units and modem cards.

Under the terms of the agreement, IQLINKS JV entered into a CDMA subscriber unit license agreement with Qualcomm and plans to manufacture 3G CDMA terminals, particularly 450MHz WLL terminals with remote electricity power meter reading capability. Qualcomm CDMA Technologies will also supply chipsets to the JV.

"This JV is further proof of our, and Qualcomm's, commitment to Vietnam and we look forward to the implementation of our joint venture and to enabling consumers to access the benefits of CDMA450 technology," said Nguyen Hoai Bac, CEO of IQLinks JV Co.

CDMA450 provides an efficient wireless telecommunications solution by offering wide coverage and the ability to provide superior voice quality and high-speed data services. According to the CDMA Development Group, CDMA450 networks are now deployed in 35 countries around the world and additional networks will soon be launched or are undergoing trials. In Southeast Asia, commercial CDMA450 networks have already been deployed in Indonesia, Cambodia, Laos and Vietnam.

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