Qualcomm and Teleepoch Enter Into a 3G CDMA Subscriber Unit License Agreement, October 6, 2007

MTN chooses Cambridge Broadband Networks for multi-service wireless network in Rwanda, October 6, 2007

Brazilian government to publish 3G bidding rules soon, October 6, 2007

KTF 3G service suffers from technical problems, October 6, 2007

Argentina’s Personal lunches 3G service in Rosario, October 6, 2007

Russia has it's first 3G network, October 6, 2007

AT&T could drop Alcatel-Lucent as 3G mobile network supplier, October 6, 2007

Enea Extends License Agreement with ZTE for 3G Handsets, October 2, 2007

LG to unveil premium handsets in Brazil, October 2, 2007

KTF 3G subscribers doubled in less than 3 months, October 2, 2007

3G policy in India will be non-uniform, October 2, 2007

- previous news

TechSoft to development applications for 3G

March 22, 2006

QUALCOMM and China TechFaith Wireless Communication Technology (TechFaith), at a press conference in Shanghai, announced plans to found a new company to focus on the development of application software for wireless devices. The new company, TechFaith Software China (TechSoft), which will be based in Beijing and Hangzhou, China, will be funded by QUALCOMM and TechFaith. Subject to the satisfaction of customary closing conditions, as well as the achievement of performance milestones, TechSoft will receive a total investment of cash and in-kind contributions valued at up to US$35 million from QUALCOMM and TechFaith.

This investment follows QUALCOMM's announcement in June 2003 that it plans to invest up to US$100 million in early- to mid-stage Chinese companies engaged in the development and commercialization of CDMA-based products, applications and services. TechFaith is one example of QUALCOMM's investments since June 2003. TechFaith became QUALCOMM's first independent handset design house partner in China, following an investment announced in April 2004.

"This collaboration reinforces the successful relationship we have built with QUALCOMM," said Dong Defu, chairman and chief executive officer of TechFaith. "TechFaith has always striven to shorten manufacturers' time to market and to lower development costs, thereby helping to drive the growth of wireless technology in China and around the world. Our further collaboration with QUALCOMM to establish TechSoft reinforces our international focus with the goal of providing continually improved mobile handset solutions."

"QUALCOMM works closely with numerous industry leaders, and is firmly committed to investing in the Chinese wireless industry as an area of tremendous growth and opportunity to serve global wireless markets," said Dr. Sanjay K. Jha, president of QUALCOMM CDMA Technologies. "Our common goals with TechFaith have led the two companies to establish TechSoft, demonstrating QUALCOMM's commitment to driving the advancement of 3G CDMA around the world."

Initially focusing on 3G CDMA mobile handsets, TechSoft will operate as an independent entity.