Qualcomm To Expand In Brazil With 3G/4G Semiconductor Products
Qualcomm and Digibras Industria do Brasil S.A.(owner of the brands CCE Info and CCE Mobi) 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," says 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," adds 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."