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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 165.31+2.2%Nov 26 3:59 PM EST

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To: gdichaz who wrote (3884)7/10/1998 3:18:00 PM
From: Spyder  Read Replies (1) of 6180
 
Chaz, yes TI is into CDMA, even better B-CDMA.

Spyder

From IDC web site:
FOR IMMEDIATE RELEASE
January 21, 1998

INTERDIGITAL SELECTS TEXAS INSTRUMENTS
TO SUPPLY CUSTOM INTEGRATED CIRCUITS
FOR B-CDMA WIRELESS PRODUCTS

King of Prussia, PA, January 21, 1998 . . . InterDigital Communications Corporation (ASE: IDC) announced today that it has selected Texas Instruments Incorporated (NYSE: TXN) as its semiconductor supplier to manufacture a custom, highly integrated, chip based on InterDigital's Broadband Code Division Multiple Access™ (B-CDMA™) technology.

InterDigital and its strategic partners intend to use the chip, or custom Digital Signal Processor (cDSP), to provide essential functionality in base stations and subscriber terminals for B-CDMA technology-based Wireless Local Loop (WLL) products and, in later phases, Personal Communications Services (PCS) applications.

"We are pleased to be working with Texas Instruments. This new chip employs an advanced, state-of-the-art design which will greatly reduce the cost, power usage and size of new generation B-CDMA products by
combining into one integrated circuit the functionality of over ten integrated circuits. In addition, enhancements will allow higher data throughput (up to 512 kbps) and user capabilities," said John Kaewell, Vice President of ASIC Development for InterDigital.

"Texas Instruments has the capabilities to enable this highly flexible and programmable chip to be customized for a wide variety of applications. InterDigital and its strategic partners will be able to add new features to B-CDMA products and maintain a competitive advantage simply by developing new software," continued Mr. Kaewell.

Bob Carl, America's Marketing Manager for the Texas Instruments Wireless Communications Business Unit, stated that, "We recognize the global demand for wireless telecommunications products and are pleased that our digital baseband (DBB) technology will help to develop state-of-the-art B-CDMA technology chips for InterDigital and its strategic partners. We look forward to supplying InterDigital with chips as they drive the advancement of broadband wireless telecommunications products based upon B-CDMA technology."

"This is a wonderful opportunity for InterDigital as we move from design to manufacturing of next generation chip technology with Texas Instruments. We plan to use this chip for wireless local loop, initially, and later for PCS applications and beyond," explained Joseph Gifford, Executive Vice President of Business Development for InterDigital.

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., is commercializing its new B-CDMA technology for use in wireless communication systems and products. InterDigitalr, B-CDMA™, and UltraPhoner 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 future development of various products based on InterDigital's B-CDMA technology and the actions of third parties. 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, re-engineering, production, testing and deployment of products or underlying technologies; failure to achieve cost reductions; development by others of competing, technologically superior products; inability or failure of the Company's alliance and other contract partners to meet Company expectations; lack of adequate funding for technology and product development, 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.
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