SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GO*QCOM who wrote (276)5/24/2000 11:15:00 PM
From: GO*QCOM  Read Replies (1) of 343
 
Samsung Supports HDR Technology
Leading CDMA Manufacturer Committed to High-Speed Wireless Internet Solution
SAN DIEGO--(BUSINESS WIRE)--May 24, 2000--In a move designed to drive the commercialization of High Data Rate (HDR) technology, QUALCOMM Incorporated (Nasdaq: QCOM - news), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, and Samsung today announced that Samsung will support the development and deployment of HDR for high-speed wireless Internet access globally.

``We are pleased to continue working with QUALCOMM to make third-generation wireless communications a reality,'' said Young Ky Kim, vice president, Telecommunications R&D Center, Information and Communications business, Samsung Electronics, Ltd. QUALCOMM's 1x HDR and 1x MC solution will enable us to offer our customers high-speed, high-performance Internet services and enhanced voice capacity while preserving their investments in existing CDMA systems.``

``We are committed to supporting Samsung's plans to develop and trial 1x HDR systems and equipment,'' said Jeff Jacobs, senior vice president of business development, QUALCOMM. ``Samsung's decision signifies another leading manufacturer's recognition of HDR as the solution for high-speed wireless Internet access.''

HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable and mobile applications. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocol (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics as cdmaOne(TM) and 1x Multi-Carrier. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on access to the Internet and next-generation data services.

Samsung Electronics Co., Ltd., with 1999 sales revenue of US$22.8 billion is a world leader in the electronics industry. The Korea-based concern has operations in about 50 countries with 54,000 employees worldwide. The company consists of three main business units: Digital Media, Semiconductors and Information & Communications Businesses. For more information, please visit our website, samsungelectronics.com.

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© email software for Windows© and Macintosh© computing platforms; satellite-based systems including portions of the Globalstar(TM) system and wireless fleet management systems, OmniTRACS© and OmniExpress(TM). QUALCOMM owns patents that 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© company traded on The Nasdaq Stock Market© 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 and OmniExpress is a trademark 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.

--------------------------------------------------------------------------------
Contact:

QUALCOMM Incorporated
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
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext