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24th September , 2007

US / China : Qualcomm and BYD Company announced that they have entered into a subscriber unit license agreement. Under the terms of the royalty-bearing agreement, Qualcomm has granted BYD a worldwide patent license to develop, manufacture and sell CDMA2000 subscriber units. The royalties payable by BYD are at Qualcomm's standard rates.

"Qualcomm is pleased to sign this 3G CDMA license agreement with BYD," said Marvin Blecker, president of Qualcomm Technology Licensing. "As a leading provider of components and assembly services for handset manufacturers, BYD will now be able to offer further vertically integrated services by expanding its product offering and bringing mobile connectivity to its OEM customers. Qualcomm continues to expand the size and scope of its licensing business, thereby increasing both growth and competition within the wireless market."

"BYD is excited to extend its product offering to include CDMA2000 handset solutions to its OEM customers in China and worldwide," said He Tao, General Manager of BYD's ODM Division, BYD. "BYD's OEM customers will now be able to benefit from BYD's vertically integrated business model in the CDMA2000 sector. With this model combined with CDMA2000 subscriber unit license and technology support from Qualcomm, BYD can develop and manufacture handset products with a comprehensive feature set, optimal value, high quality and high reliability."

BYD Company Limited is a global leading vertical integration manufacturer of handset component and assembly service provider with a diversified product of battery, plastic housing, metal housing, keypad, FPC, charger, LCD modules and handset camera modules etc. BYD also can provide EMS and ODM business for an enviable client list of international and domestic brand names. Headquartered in Shenzhen, China, BYD emphasizes in-house technology development and vertical integration to provide our customers the best value with lowest cost-structure.

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