Aug 2, 1999SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- Aug. 2, 1999 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced its participation in high-speed packet data trials on Korea Telecom Freetel's (KT Freetel) advanced CDMA technology network, the first IS-95B network in the world. This demonstration, using Qualcomm CDMA Technologies' MSM3000™ chip and high-speed system software solution, shows how KT Freetel's IS-95B network will help expedite a global evolution from wireless voice communications to wireless Internet access, high-speed data services as well as the highest quality voice services. MSM3000-based CDMA handsets will transfer data over KT Freetel's advanced network at speeds of up to 64 kbps, which is faster than existing fixed line networks and more than four times as fast as existing wireless networks.
"This demonstration was made possible by contributions from many influential members of our industry including Qualcomm and Samsung Electronics," said Dr. Hong, Won-Pyo, vice president, planning and coordination group of KT Freetel. "The MSM3000 chipset is an instrumental component in our initiative to provide a new era of Personal Network Services to our Korean customers."
"These high-speed data packet trials are testament to a new breed of wireless Internet access and data transfer capabilities that are possible with the newest generation of our customers' CDMA handsets," said Don Schrock, president of Qualcomm CDMA Technologies. "Our MSM3000 system solution is the first in a series of chip and software solutions that will enable the build-out of high-speed data-capable networks around the world."
Qualcomm's industry-leading MSM3000, a fifth-generation single chipset and system software solution, is currently the only available hardware and software solution to support IS-95B data rates up to 86.4 kbps.
With over three million Personal Communications Service (PCS) subscribers in Korea, KT Freetel is emerging as one of the world's fastest growing and largest PCS operators. KT Freetel's concept of Personal Network Services (PersNet®) will soon be realized, enabling high-speed wireless Internet access and interactive data communications. PersNet will allow customers to take advantage of electronic commerce, on-line stock trading, on-line banking and travel reservations via access to the Internet through CDMA handsets.
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: Acer Peripherals, Inc., 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® and portions of the Globalstar™ system. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a FORTUNE 500® company traded on Nasdaq under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely product development, the Company's ability to successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis, and those related to performance guarantees, 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 27, 1998, and most recent Form 10-Q.
Qualcomm and OmniTRACS are registered trademarks of Qualcomm Incorporated. MSM and MSM3000 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.