Qualcomm and Digibras Group Sign 3G/4G License Agreement
SAN DIEGO, May 10, 2012 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) and Digibras Industria do Brasil S.A. (owner of the brands CCE Info and CCE Mobi) today announced that they have entered into 3G and 4G license agreements, the first such agreements with a major Brazilian consumer electronics supplier. Under the terms of the agreements, Qualcomm has granted CCE worldwide, royalty-bearing patent licenses to develop, manufacture and sell 3G WCDMA and TD-SCDMA, and 4G OFDMA (e.g., LTE) subscriber units and routers. The royalties payable by CCE are at Qualcomm’s standard worldwide rates.
“Qualcomm is pleased to sign license agreements with Digibras Group in Brazil to help drive the acceleration of mobile broadband penetration and the development of next generation wireless technologies in the country,” said Derek Aberle, executive vice president and group president of Qualcomm. “This agreement enables CCE to develop and manufacture 3G and 4G products such as smartphones in Brazil and sell them worldwide, which will help make Brazil a stronger force in the global economy and give Brazilians greater access to information, education, healthcare, and each other.”
“This agreement with Qualcomm is a huge step towards improving and expanding our product offerings in the growing Brazilian broadband market,” said Roberto Sverner, president of Digibras Group. “We look forward to developing highly competitive 3G/4G products and contributing to promote Brazil’s digital agenda, applying updated technology in smartphones, tablets and other smart devices. For the consumer, this partnership ensures the high-end technology in his phone, easy access and navigation through mobile devices.”
About Digibras Group
In the market for almost 50 years, is the largest Brazilian’s consumer electronics manufacturer. The equipment brands CCE, CCE Info and CCE Mobi feature the latest technology and are produced in an industrial park of 500,000 square meters, located in Manaus and Sao Paulo. Digibras Group, with affiliates, is the largest consumer electronics and computing employer in Brazilian North region, with about 5,900 working positions. The Group has produced in its entire history, about 80 million of equipment between TVs, microwaves, stereos and computers. Since 2005, establishes partnerships with major players in the market, as INTEL, MICROSOFT and Qualcomm, in the manufacture of desktops and notebooks. In addition, its mobile phones, LCD and LED TVs are synonymous with innovation. For more information, please visit: www.cceinfo.com.br.
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation mobile technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.
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Tina Asmar, Corporate Communications
Warren Kneeshaw, Investor Relations
Digibras Group Contact (CCE Info and CCE Mobi):
SOURCE Qualcomm Incorporated