Qualcomm and Semp Toshiba Sign 3G/4G License Agreement
SAN DIEGO, Oct. 10, 2012 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (NASDAQ: QCOM) and Semp Toshiba, one of the largest electro electronics manufacturers in Brazil, today announced that they have entered into a 3G and 4G license agreement. Under the terms of the agreement, Qualcomm has granted Semp Toshiba a royalty-bearing patent license to develop, manufacture and sell 3G WCDMA and TD-SCDMA, and 4G OFDMA (e.g., LTE) subscriber units. The royalties payable by Semp Toshiba are at Qualcomm's standard worldwide rates.
"Qualcomm is pleased to license Semp Toshiba to make and sell 3G and 4G subscriber units, which will help the wireless ecosystem in Brazil continue to grow," said Eric Reifschneider, senior vice president and general manager of Qualcomm Technology Licensing. "Expanding its line of offerings to 3G and 4G devices continues Semp Toshiba's history of innovation. The growing number of 3G and 4G devices in Brazil will strengthen Brazil's position in the global economy and transform the way people connect to the world and each other."
"Semp Toshiba brings technology and innovation to millions of consumers that interact on a daily basis with its extensive product line, including desktops, notebooks, mobile phones and tablets. The smartphones launched reinforce this broad product line to meet our clients' demands to stay connected," said Eduardo Toni, marketing director for Semp Toshiba.
About Semp Toshiba
Semp Toshiba is one of the largest electro electronics manufacturers in Brazil and has the broadest product portfolio in its sector. Semp Toshiba Amazonas, located in Manaus, manufactures TVs, DVDs, portable audio, mini systems, micro systems and a complete line of wireless phones. STI – Semp Toshiba Informatica – based in Salvador, manufactures desktops, notebooks, netbooks, tablets, servers and a line targeted at mobility, including mobile phones, among other products. The brands STI, Toshiba and Semp are recognized by its innovation, technology and most of all, by the quality and reliability of its products. Founded 70 years ago, Semp Toshiba has local capital in its majority and has some 3,400 employees in its units in Manaus, Salvador, Sao Paulo and Cajamar (SP).
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G, 4G and next-generation wireless 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
Semp Toshiba Contact:
Phone: 55 11 5090-8945
SOURCE Qualcomm Incorporated