Wireless Opportunity in China
Here is a Business Wire release for IDC. Second paragraph indicates a burgeoning market for wireless in China. PLFM and ADCT may benefit greatly in this country.
BW1120 MAY 05,1998 5:11 PACIFIC 08:11 EASTERN
( BW)(INTERDIGITAL)(IDC) B-CDMA Wireless Local Loop System Selected in China; Technology
Developed by InterDigital
Business Editors
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--May 5, 1998--InterDigital Communications Corporation (ASE: IDC) announced
Tuesday that Samsung Electronics Co., Ltd., one of its strategic partners, announced it has signed a contract with Unicom, a state-owned
telephone company in China, to install a B-CDMA (Broadband Code Division Multiple Access(TM)) wireless local loop system in China.
Samsung said the system will be installed by Samsung in the city of Chongqing in the first half of 1998 with a test operation scheduled for
the second half of 1998.
Market analysts estimate that the demand for wireless local loop in China will explode within the next two years, reaching two million new
subscribers a year. Samsung is now well positioned in China to proliferate the use of B-CDMA technology in this burgeoning market.
Mark Lemmo, Executive Vice President of InterDigital, stated that, "We are extremely pleased that Samsung has been selected to supply
the first B-CDMA WLL system to Unicom. We are honored that the Chinese government is interested in B-CDMA technology and
recognizes the benefits wireless local loop. InterDigital will support Samsung in China as we will support our other partners, Siemens and
Alcatel, with field trials in other parts of the world this year."
Samsung became a member of the B-CDMA Alliance(TM) in 1996, joining InterDigital and Siemens AG in intensive research on
B-CDMA technology which offers performance advantages and processes voice and data faster than narrowband CDMA and other
technologies.
InterDigital develops and markets wireless telecommunications systems using proprietary technologies for voice and data communications.
InterDigital, in conjunction with its strategic partners, Siemens AG and Samsung Electronics Co., Ltd. and Alcatel Espana, is
commercializing its new B-CDMA technology for use in wireless communication systems and products. InterDigital(R), B-CDMA(TM), and
UltraPhone(R) are among the trademarks of InterDigital Communications Corporation.
The above press release contains certain forward looking statements reflecting current beliefs or expectations as to the commercialization
schedule, capability and market potential of various products based on InterDigital's B-CDMA technology.
Such statements are subject to risks and uncertainties. Actual outcomes could materially differ from these expressed in any such forward
looking statement due to a variety of factors including difficulties or delays in the design, development, production, testing and deployment of
products or underlying communications technologies; development by others of competing, technologically superior products; inability or
failure of the Company's alliance and other contract partners to meet Company expectations or the expectations of their customers; lack of
adequate funding for technology and product development; lack of adequate funding for telecommunications operators to engage in
infrastructure projects, as well as other risks detailed from time to time in the Company's SEC filings, including its 10-K filed on March 31,
1997.
The Company undertakes no obligation to update these forward looking statements in light of future events.
--30--cl/ph*
CONTACT: InterDigital
Charles "Rip" Tilden
e-mail: rip.tilden@interdigital.com
Susan Sutton
e-mail: susan.sutton@interdigital.com
Blair Wilkins
e-mail: blair.wilkins@interdigital.com
610/878-7800
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED
COMPUTERS/ELECTRONICS TELECOMMUNICATIONS |
