Iris, check out SSTI for a play on Qualcomm. I bought some today on the announcement, great looking stock. See the story:
SST and QUALCOMM CDMA Technologies to Collaborate on Flash Technology for CDMA Wireless Applications
Business Wire - July 27, 1999 22:42
SUNNYVALE, Calif.--(BUSINESS WIRE)--July 27, 1999--
SST's SuperFlash Technology Selected to Enhance Emerging Wireless Applications for CDMA Handsets
SST (Silicon Storage Technology, Inc., Nasdaq: SSTI) today announced a collaborative agreement with QUALCOMM Incorporated (Nasdaq: QCOM) for access to SST's proprietary flash memory technology, SuperFlash(R). Under the terms of this agreement, SST will provide QUALCOMM CDMA Technologies with design consultation services for best use of SuperFlash technology in QUALCOMM CDMA Technologies' application-specific designs. In return, SST will receive consultation from QUALCOMM CDMA Technologies on flash memory product features desirable for future CDMA solutions.
SST's proprietary SuperFlash technology was selected by QUALCOMM CDMA Technologies because of its inherent embedded design advantages that include high reliability, low power consumption, scalability to finer process geometries and availability from multiple wafer foundries. SST's SuperFlash technology characteristics of small sector size make it ideal for both data and code storage of future generation portable communication devices.
"We see a growing need for nonvolatile memory solutions that are simple to integrate into wireless communication devices," said Don Schrock, president of QUALCOMM CDMA Technologies. "SST's SuperFlash technology provides the high level of performance and compatibility required to complement our industry-leading Mobile Station Modem (MSM(TM)) solutions."
"We are extremely pleased that QUALCOMM CDMA Technologies has selected SuperFlash technology," stated Bing Yeh, president and chief executive officer of SST. "This collaborative agreement with QUALCOMM CDMA Technologies is one more example of SST's on-going commitment to establish SuperFlash as the technology-of-choice for embedded applications. We will put in significant effort to ensure the success of our agreement with QUALCOMM CDMA Technologies.
"QUALCOMM CDMA Technologies' expert guidance will enable us to develop better products to serve the needs of the CDMA cellular handset and the emerging wireless Internet access markets. This agreement is truly a win-win-win situation for both parties and consumers," added Mr. Yeh.
About SuperFlash Technology
SST's SuperFlash technology is a NOR type, split-gate cell architecture which uses a reliable thick-oxide process with fewer manufacturing steps resulting in a low-cost, nonvolatile memory solution with excellent data retention and higher reliability. The split-gate NOR SuperFlash architecture facilitates a simple and flexible design suitable for high performance, high reliability, small or medium sector size, in- or off-system programming and a variety of densities, all in a single CMOS-compatible technology.
About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of nonvolatile memory solutions, based on proprietary, patented SuperFlash technology, for the computer, communications and consumer markets. SST's product families include low-cost, high-functionality flash memory components, CompactFlash card mass storage products and 8-bit microcontrollers with on-chip flash memory. SST also offers its SuperFlash technology for embedded applications through its world-class manufacturing partners and technology licensees Acer Semiconductor Manufacturing, Inc., IBM, Motorola, Samsung Electronics Co. Ltd., Sanyo Electric Co. Ltd., Seiko Epson Corp., and Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). Further information on SST can be found on the company's website at ssti.com.
About QUALCOMM Incorporated
QUALCOMM CDMA Technologies is the leading developer and supplier of CDMA chipsets, hardware and software solutions and tools with more than 50 million MSM chips shipped worldwide. The division supplies chipsets to the world's leading CDMA handset and infrastructure manufacturers including: ALPS ELECTRIC CO., LTD.; CASIO COMPUTER CO., LTD.; DENSO CORPORATION; FUJITSU LIMITED; Hitachi, Ltd.; Hyundai Electronics Industries Co., Ltd.; KYOCERA CORPORATION; LG Information and Communications, Ltd.; Samsung Electronics Ltd.; SANYO Electric Co., Ltd.; and Toshiba Corporation, among others.
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 major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS(R) and portions of the Globalstar(TM) system. Headquartered in San Diego, Calif., QUALCOMM is a FORTUNE 500(R) company traded on the Nasdaq under the ticker symbol QCOM.
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