To: gdichaz who wrote (11620 ) 6/18/1998 3:19:00 PM From: Caxton Rhodes Read Replies (1) | Respond to of 152472
QUALCOMM Signs CDMA (IS-95) ASIC License With VLSI Technology Hope fully this removes the doubt. Check the date 1996, two years ago. Caxton - Key ASIC Supplier to Provide Chipsets to CDMA Markets Worldwide - SAN DIEGO - August 15, 1996 - QUALCOMM Incorporated (NASDAQ: QCOM) today announced that it has signed a multi-million dollar, royalty-bearing license agreement with VLSI Technology of San Jose, Calif. The agreement enables VLSI to develop, manufacture and sell CDMA (IS-95) Application Specific Integrated Circuits (ASICs) to QUALCOMM's subscriber equipment licensees for digital cellular, personal communications services (PCS) and wireless local loop applications around the globe. "VLSI enjoys a worldwide reputation as a key supplier of digital communications integrated circuits to the mobile communications marketplace," said Steve Altman, senior vice president and general manager of QUALCOMM's Technology Transfer division . "By adding CDMA to its portfolio of capabilities, VLSI stands to gain an even larger share of this lucrative market." With this agreement, VLSI Technology becomes the third ASIC supplier to worldwide CDMA markets, joining QUALCOMM and DSP Communications. CDMA is the digital technology of choice for digital cellular and PCS in the United States. The majority of wireless carriers here have committed to CDMA, and have already begun deploying networks across the nation. The technology is also being adopted for wireless local loop applications, which offer economical alternatives to basic wired telephone service. CDMA offers better voice quality with longer talk and standby times and greater wireless access to millions of subscribers. Headquartered in San Diego, QUALCOMM develops, manufactures, markets, licenses and operates advanced communications systems and products based on its proprietary digital wireless technologies. The Company's primary product areas are the OmniTRACSr system (a geostationary satellite-based, mobile communications system providing two-way data and position reporting services), CDMA wireless communications systems and products and, in conjunction with others, the development of the Globalstar_ low-earth-orbit (LEO) satellite communications system. Other company products include the Eudora Pro_ electronic mail software, ASIC Products, and communications equipment and systems for government and commercial customers worldwide. For more information regarding QUALCOMM's products and technologies, visit its World Wide Web site at www.qualcomm.com Except for the historical information herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely product development, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 24, 1995 and most recent Form 10-Qs