European Commission Applies New Policy for Reviewing Antitrust Complaints and Continues Qualcomm Investigation


SAN DIEGO, October 1 /PRNewswire/ --

- No Statement of Objections Issued

Qualcomm Incorporated (Nasdaq: QCOM) has been informed that the European
Commission has taken the procedural step of "initiating proceedings" against
Qualcomm, in response to complaints first lodged in 2005 by six companies.
Under a newly adopted policy for handling antitrust complaints, the
Commission has "initiated proceedings" without expressing a view on the
merits of the complaints and without issuing a Statement of Objections. In
doing so, the Commission has made the resolution of this case a matter of
priority. "Initiation of proceedings" leaves open the various courses of
action the Commission may choose at the end of the investigation, including
rejection of the complaints, seeking a settlement with Qualcomm or issuing a
Statement of Objections.

"We are pleased that the Commission has decided to give the case priority
status to move it forward swiftly to resolution," said Steve Altman,
president of Qualcomm. "We welcome the continuation of our dialogue with the
Commission in order to demonstrate that the complaints are without merit and
are motivated by commercial considerations of the entrenched complainants who
are trying to stifle the competition that Qualcomm brings to the market."

"Furthermore, we will continue to explain the undisputed fact that
Qualcomm greatly contributed to the development and commercialization of
WCDMA technology and has abided by its obligations to ETSI and other
standards setting organizations, including its commitments to offer licenses
to its essential patents on fair, reasonable and non-discriminatory (FRAND)
terms. Qualcomm's business model of extensively licensing our innovations has
opened WCDMA to new players - driving competition, growth and further
innovation. As a direct consequence, European consumers are benefiting from
greater competition, rapidly declining WCDMA handset prices and more handset
choices and features."

Qualcomm Incorporated (http://www.qualcomm.com) is a leader in developing
and delivering innovative digital wireless communications products and
services based on CDMA and other advanced technologies. Headquartered in San
Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2007
FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker
symbol QCOM.

Except for the historical information contained herein, this news
release contains forward-looking statements that are subject to risks and
uncertainties, including the Company's ability to successfully design and
have manufactured significant quantities of CDMA components on a timely and
profitable basis, the extent and speed to which CDMA is deployed, change in
economic conditions of the various markets the Company serves, as well as the
other risks detailed from time to time in the Company's SEC reports,
including the report on Form 10-K for the year ended September 24, 2006, and
most recent Form 10-Q.

Qualcomm is a registered trademark of Qualcomm Incorporated. All
other trademarks are the property of their respective owners.

Note to Editors:

The Commission has taken this procedural step under Article 11(6) of
Council Regulation No.

1/2003 and Article 2(1) of Commission Regulation No 773/2004.

Article 2 of Regulation No. 773/2004 provides that the Commission can
initiate proceedings with a view to adopting, at a later stage, a decision on
substance according to Articles 7-10 of Regulation No 1/2003. Articles 7-10
of Regulation No 1/2003 govern specifically;

- a finding of infringement following the issuance of a Statement of
Objections (Article 7);

- interim measures (Article 8);

- commitments (Article 9); and

- a finding of inapplicability (Article 10) rejecting the complaints.

In the current case, the Commission has chosen to open proceedings before
any such further steps are taken.

Since the beginning of 2007, the Commission has applied this procedure in
at least five previous investigations involving Boehringer, ENI, E.On/GdF,
Suez and EdF.

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.