Solectron Collaborates with QUALCOMM to Strengthen CDMA Manufacturing and Testing Capabilities
Business Editors & High-Tech Writers
MILPITAS and SAN DIEGO, Calif.--(BUSINESS WIRE)--July 2, 2001--
Solectron Corporation (NYSE: SLR) and QUALCOMM Incorporated (Nasdaq:
QCOM), pioneer and world leader of Code Division Multiple Access
(CDMA) digital wireless technology, today announced an agreement to
work together to make a CDMA2000 1x handset design package available
to QUALCOMM licensees. The CDMA2000 handset design package, recently
developed by QUALCOMM, is intended to support CDMA handset
manufacturers in mainland China and other emerging CDMA markets. The
design package will help bring innovative, third-generation wireless
products faster to market, and help accelerate the adoption of CDMA
worldwide.
Under the agreement, Solectron will build and test prototypes of a
CDMA2000 handset in exchange for a handset design support package
intended to strengthen Solectron's ability to efficiently support CDMA
handset design, manufacturing and test needs of QUALCOMM's licensees
seeking to outsource manufacturing.
"This is a very positive step for Solectron," said Joe Regan, vice
president, Solectron. "The opportunity to work with the leader in CDMA
digital wireless technology will further enhance Solectron's CDMA
manufacturing and testing capabilities, and strengthen our global
capabilities to better serve our customers worldwide."
"QUALCOMM is focused on making CDMA technologies readily available
to its growing list of licensees," said Marv Blecker, senior vice
president of technology transfer for QUALCOMM. "This collaboration
with Solectron ensures that QUALCOMM's customers have the option of
outsourcing all or part of their handset manufacturing to one of the
world's leading contract manufacturers."
About QUALCOMM
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing
and delivering innovative digital wireless communications products and
services based on QUALCOMM's CDMA digital technology. QUALCOMM's
business areas include CDMA integrated circuits and system software;
technology licensing; the Binary Runtime Environment for Wireless(TM)
(BREW(TM)) applications platform; Eudora(R) e-mail software; digital
cinema systems; and satellite-based systems including portions of the
Globalstar(TM) system and wireless fleet management systems,
OmniTRACS(R) 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 100 telecommunications equipment manufacturers
worldwide. Headquartered in San Diego, Calif., QUALCOMM is included in
the S&P 500 Index and is a 2001 FORTUNE 500(R) company traded on The
Nasdaq Stock Market(R) under the ticker symbol QCOM.
About Solectron
Solectron (www.solectron.com), the world's leading supply-chain
facilitator, provides a full range of manufacturing and supply-chain
management services to the world's premier high-tech electronics
companies. Solectron's offerings include new-product design and
introduction services, materials management, high-tech product
manufacturing, and product warranty and end-of-life support.
Solectron, based in Milpitas, Calif., is the first two-time winner of
the Malcolm Baldrige National Quality Award for manufacturing.
Except for the historical information contained herein, this
release contains forward-looking statements that are subject to risks
and uncertainties, regarding, among other things, the anticipated
benefits of the agreement based on current expectations. In
particular, while the companies have announced their agreement to work
together, there is no assurance that the parties will complete the
intended agreement. Additional risks and uncertainties include
QUALCOMM's ability to successfully design and have manufactured
significant quantities of CDMA components on a timely and profitable
basis, Solectron's ability to effectively convert the design support
package into prototypes and handsets, the extent and speed to which
CDMA is deployed, changes in economic conditions of the various
markets the companies serve, as well as the other risks detailed from
time to time in QUALCOMM's and Solectron's respective SEC reports,
including their reports on Form 10-K and most recent reports on Form
10-Q.
QUALCOMM, OmniTRACS and Eudora are registered trademarks of
QUALCOMM Incorporated. OmniExpress and BREW are trademarks of QUALCOMM
Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite
Services, Incorporated. All other trademarks are the property of their
respective owners.
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CONTACT: Media Contacts:
Solectron Corporation
Birgit Johnston, 408/956-6995 (U.S.)
birgitjohnston@ca.slr.com
or
QUALCOMM
Patty Goodwin, 858/651-4127 (U.S.)
pgoodwin@qualcomm.com
or
Analyst Contacts:
Solectron Corporation
Thomas Alsborg, 408/956-6614 (U.S.)
thomasalsborg@ca.slr.com
or
QUALCOMM
Julie Cunningham, 858/658-4224 (U.S.)
jcunningham@qualcomm.com |
