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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%3:59 PM EST

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To: Craig Schilling who wrote ()5/23/2000 8:59:00 AM
From: Ruffian   of 152472
 
( BW)(CA-QUALCOMM-INCORPORATED)(QCOM) QUALCOMM CDMA Technologies
Exceeds 100 Million Mark in MSM Chipsets Shipped

Business Editors and High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--May 23, 2000--

Chipset Demand Fueled by Dynamic Growth in CDMA and QUALCOMM's
Continued Industry Leadership

QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of
Code Division Multiple Access (CDMA) digital wireless technology,
today announced it has passed a major milestone with the shipment of
more than 100 million Mobile Station Modem (MSM(TM)) chipsets and
system software to customers worldwide. The production shipment
milestone for these highly integrated CDMA handset semiconductors was
reached as the CDMA market continues to grow with a subscriber base
that has more than doubled within the last 12 months, according to the
CDMA Development Group (CDG). As the industry evolves to
third-generation (3G) CDMA services, QUALCOMM continues to make
innovative advances in CDMA development. With more than 100 million
QUALCOMM-designed MSM chipsets shipped to handset manufacturers
worldwide -- a rapid ramp-up from the less-than-one million MSM
chipsets shipped four years ago -- QUALCOMM remains the world's
largest provider of chipsets and system software for CDMA wireless
systems.
"The dramatic increase in QUALCOMM's chipset production and
shipping reflects not only the success of QUALCOMM's CDMA products,
but also the success of the fabless semiconductor business model,"
said Jodi Shelton, executive director of the Fabless Semiconductor
Association. "As the world's largest fabless semiconductor company,
QUALCOMM has utilized the flexibility and responsiveness of the
fabless model to supply the rapidly growing digital wireless
industry's demands with tremendous acuity."
"QUALCOMM's long-term partnerships with the leading CDMA handset
manufacturers in the world, combined with a consistent on-time
delivery record in supplying innovative CDMA products and solutions,
has helped drive the rapid growth of CDMA," said Don Schrock,
president of QUALCOMM CDMA Technologies. "Our next generation of
Internet-ready, multimedia chipsets and system software will continue
that tradition of leadership by enabling manufacturers worldwide to
transition smoothly to 3G systems and develop the most advanced CDMA
handsets available, reducing time-to-market and cost while offering an
amazing array of new products and services."
With the increasing demand for digital wireless communications and
new data services, QUALCOMM's MSM chipsets are now being developed on
three parallel fronts:

-- The core IS-95A/B MSM3xxx product line addressing higher levels of
system integration, lower system costs and increased standby times

-- The new applications iMSMxxxx product line, focusing on the
emergence of smart phones and data-centric terminals based on
IS-95A/B, 3G 1xMC (1x) and High Data Rate (HDR) technologies

-- The new standards MSM5xxx product line, bringing to market 3G
chipsets that enable the commercialization of next-generation
devices with improved voice and data capacities

To meet the growing demand for next-generation voice and data
services -- as well as terminals and networks -- with a seamless and
cost-effective migration path, QUALCOMM has worked with equipment
manufacturers and network operators worldwide to introduce a variety
of CDMA solutions targeted for specific market needs. Recently
introduced QUALCOMM products and technologies that address these needs
include:

-- Wireless Internet Launchpad(TM) suite of software applications and
technologies, enabling a broad range of new terminal products and
Internet services, including digital audio and video,
connectivity, position location, advanced user interface and
removable storage functionality

-- MSM5000(TM) chipset and system software, which will allow
manufacturers to roll out the world's first 1x handsets that, in
addition to offering rich application and feature sets in very
small form-factors, will also provide significantly extended
standby times as well as much higher voice capacity and data rates

-- CSM5000(TM) solution, providing very high integration, enabling 32
users per CSM5000 chip for 3G base stations, and supporting the
IS-2000 1x standard and providing up to twice the overall capacity
of voice users over IS-95A and IS-95B systems while offering
backward compatibility with those previous standards

-- SnapTrack(TM) and gpsOne(TM), breakthrough position location
solutions, offering robust position location information for
wireless handsets under challenging conditions, whether in
concrete-and-steel high-rises, convention centers, shopping malls
or urban canyons

-- MSM3300(TM) chipset and system software, the world's first
single-chip multimedia modem, providing the highest level of
integration of multimedia features available for mobile phones

-- RFR3300(TM) device, the first in the CDMA industry to integrate
GPS capability with a CDMA front-end receiver. Together with the
MSM3300 chipset and IFR3300(TM) baseband receiver, the RFR3300
device offers the most cost-effective and high-performance
solution for dual-band (PCS CDMA and AMPS) or tri-mode (cellular
CDMA, AMPS, and PCS CDMA) phones with QUALCOMM's gpsOne position
location technology

-- IFR3300 chip, an IF-to-baseband receiver that, along with the
RFR3300 device and MSM3300 chipset and system software, enables
complete integration of a GPS-band radio without the need for
other external IF chips

-- MSM51xx chipset and system software family, combines Wireless
Internet Launchpad applications with 1x technology

-- PA3100(TM) Power Amplifier (PA) module, the first in a new series,
extends talk-time performance for MSM3100-generation handsets. The
PA3100 module has a low-power mode that can reduce current
consumption by as much as 65 percent over conventional power
amplifiers.

QUALCOMM CDMA Technologies (QCT) is the leading developer and
supplier of CDMA chipsets, hardware and software solutions and tools
with more than 100 million MSM chips shipped worldwide. QCT supplies
chipsets to the world's leading CDMA handset and infrastructure
manufacturers including: Acer Peripherals, Inc., ALPS ELECTRIC CO.,
LTD.; CASIO COMPUTER CO., LTD.; DENSO CORPORATION; FUJITSU LIMITED;
Hitachi, Ltd.; Hyundai Electronics Industries Co., Ltd.; KYOCERA
CORPORATION; LG Information and Communications, Ltd.; Samsung
Electronics Ltd.; SANYO Electric Co., Ltd.; and Toshiba Corporation,
among others.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing
and delivering innovative digital wireless communications products and
services based on the Company's CDMA digital technology. The Company's
business areas include integrated CDMA chipsets and system software;
technology licensing; Eudora(R) email software for Windows(R) and
Macintosh(R) computing platforms; satellite-based systems including
portions of the Globalstar(TM) system and wireless fleet management
systems, OmniTRACS(R) and OmniExpress(TM). QUALCOMM owns patents which
are essential to all of the CDMA wireless telecommunications standards
that have been adopted or proposed for adoption by standards-setting
bodies worldwide. QUALCOMM has licensed its essential CDMA patent
portfolio to more than 75 telecommunications equipment manufacturers
worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in
the S&P 500 Index and is a 2000 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 timely product development, the Company's
ability to successfully manufacture significant quantities of CDMA or
other equipment on a timely and profitable basis, and those related to
performance guarantees, 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 26, 1999, and most recent Form
10-Q.

QUALCOMM, OmniTRACS and Eudora are registered trademarks of
QUALCOMM Incorporated. OmniExpress, MSM, Wireless Internet Launchpad,
MSM3300, RFR3300, IFR3300, CSM5000, gpsOne and SnapTrack are
trademarks of QUALCOMM Incorporated. Globalstar is a trademark of
Loral QUALCOMM Satellite Services, Incorporated. Windows is a
registered trademark of Microsoft Corp. Macintosh is a registered
trademark of Apple Computer Inc. All other trademarks are the property
of their respective owners.

--30--

CONTACT: QUALCOMM Incorporated
CDMA Technologies Public Relations
Anita Hix, 858/658-5879
Fax: 858/651-7385
ahix@qualcomm.com
or
Corporate Public Relations
Christine Trimble, 858/651-3628
Fax: 858/651-2590
ctrimble@qualcomm.com
or
Investor Relations
Julie Cunningham, 858/658-4224
Fax: 858/651-9303
jcunningham@qualcomm.com
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