Arasor Signs 3G CDMA Subscriber Unit License Agreement
Qualcomm and Arasor Corp. have entered into a subscriber unit license agreement. Under the terms of the royalty-bearing agreement, Qualcomm has granted Arasor a worldwide license under its CDMA patent portfolio to develop, manufacture and sell CDMA2000 and 1xEV-DO subscriber units. The royalties payable by Arasor are at Qualcomm's standard rates.
"Qualcomm is pleased to license Arasor for the development, manufacture and sale of CDMA2000 and 1xEV-DO subscriber products," said Derek Aberle, senior vice president and general manager of Qualcomm Technology Licensing. "This agreement enables yet another company to participate in the 3G CDMA wireless market worldwide, thereby helping to facilitate and promote healthy and vibrant competition within the wireless industry."
"Many countries around the world are recognizing the tremendous growth and importance of providing broadband wireless services," said Simon Cao, chief executive officer of Arasor. "3G CDMA is a key element for performance improvement and decreasing the costs of these services, and will enable Arasor to offer additional high-quality and innovative broadband wireless products to emerging markets around the world."
Posted to the site on 8th November 2006
