Tuesday October 3, 9:01 am Eastern Time
Press Release
SOURCE: Philips Semiconductors
Philips Semiconductors Signs CDMA Agreement With QUALCOMM
SUNNYVALE, Calif., Oct. 3 /PRNewswire/ -- Philips Semiconductors, an affiliate of Royal Philips Electronics (NYSE: PHG - news), today announced a Code Division Multiple
Access (CDMA) license agreement with QUALCOMM Incorporated (Nasdaq: QCOM - news). This agreement represents a reinstatement and expansion of the CDMA license
agreement between QUALCOMM and VLSI Technology, Inc., which was acquired by Philips Semiconductors in 1999, to cover previous VLSI Technology activity, and current
and future Philips Semiconductors activity without interruption.
The new agreement provides Philips Semiconductors with a license to QUALCOMM's essential CDMA patent portfolio covering CDMA and third-generation (3G) CDMA
standards including Multi-Carrier (formerly cdma2000) and Direct Spread (formerly W-CDMA). This agreement will enable Philips to develop CDMA technologies for wireless
phones, wireless Internet access devices, portable data entry appliances and other convergence voice and data products. Philips Semiconductors will increase its significant
presence in the wireless semiconductor market by targeting the CDMA market and the emerging 3G market.
As a leader in Wireless Communications, Philips Semiconductors provides complete systems solutions consisting of Radio, Baseband Processors, Software Stacks, Power
Amplifiers, Power Management, Display Drivers ICs and other emerging peripheral solutions such as Bluetooth and Location Services for the CDMA, TDMA and GSM
markets. Philips will also continue to develop highly integrated and multi-featured third generation CDMA solutions supporting both cdma2000 and W-CDMA technologies.
Today, Philips Semiconductors provides 100 percent of the total semiconductor content in wireless phones. Philips Semiconductors' chips are now used in 75 percent of the
wireless phones sold worldwide. ``Our strategy at Philips semiconductors is to reach and satisfy the majority of the wireless communications market. As the leading global
supplier of semiconductors for wireless communications, this license agreement will allow us to continue executing our strategy by enabling handset manufacturers to
rapidly enter the fast growing CDMA market using our systems solutions,'' said Tom Willey, vice president and general manager of Philips Semiconductors' Business Line
Cellular Americas.
About Philips Semiconductors
Philips Semiconductors, which has annual revenues of approximately $5 billion, designs and manufactures semiconductors and silicon systems platforms. Philips
Semiconductors is spearheading the emerging field of systems on silicon solutions with the innovative Nexperia(TM) platform and VLSI Velocity(TM) tool set. The company's
Sea-of-IP(TM) design methodology allows plug and play intellectual property blocks for easily customizable products. The company is a leader in communications,
consumer, PC peripherals and automotive semiconductors, which are key applications for convergence in end-user products. Philips Semiconductors is headquartered in
Eindhoven, The Netherlands, and has operations throughout the world. For more information: www.philips.semiconductors.com.
SOURCE: Philips Semiconductors |
