Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted Mitsubishi a license to develop, manufacture and sell infrastructure equipment for third-generation (3G) CDMA (CDMA2000 1x/1xEV, TD-SCDMA, WCDMA) applications in Japan, China and Taiwan. Mitsubishi will pay QUALCOMM ongoing royalty rates irrespective of the licensed CDMA standard implemented.
We are pleased to license our technology to Mitsubishi Electric Corporation for the development of infrastructure equipment that will support third-generation CDMA wireless services in Japan, China and Taiwan, said Steve Altman, president of QUALCOMM Technology Alliances. This agreement will enable Mitsubishi to facilitate the growth of 3G CDMA deployment and meet the demand for innovative wireless products and solutions in the Asian marketplace.
