SAN DIEGO -- Dec. 16, 1999 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that SANYO Electric Co. Ltd. has selected Qualcomm CDMA Technologies' sixth generation MSM3100™ chipset and system software for its next generation CDMA handsets.
SANYO selected Qualcomm's MSM3100 chipset and system software because of its leading features including support for IS-95B with data rates up to 86.4 kilobits per second (kbps) and higher integration enabling a 50 percent reduction in handset size.
SANYO is a long-time partner of Qualcomm CDMA Technologies and the companies continue to work together on a number of leading-edge handset development projects including future global roaming handsets to be supported by cdmaOne™ operators worldwide.
"We depend on Qualcomm's on-time delivery and consistent product quality to deliver the industry's most compelling handsets at present," said Eiji Kotobuki, officer of SANYO Electric Co., Ltd. (also vice president, Multimedia Company and general manager, Personal Telecommunications Division). "Collaborating with Qualcomm early in our development process benefits both of us."
"SANYO continues to develop innovative approaches to digital wireless handset development," said Don Schrock, president of Qualcomm CDMA Technologies. "We're honored to be SANYO's development partner and to contribute to their continued success as they aggressively derive the benefits of using our latest generation chipset solution."
SANYO Electric Co. Ltd. is a $14 billion manufacturer and distributor of consumer and commercial electronics and electronic products. SANYO and Fisher products, marketed in the U.S. by SANYO Fisher Company, include audio/video components, portable and mobile audio equipment, televisions, VCRs, cordless and PCS phones, facsimile machines, digital still cameras, home appliances, LCD projectors, security video equipment and air conditioning systems.
Qualcomm CDMA Technologies is the leading developer and supplier of CDMA chipsets, hardware and software solutions and tools with more than 65 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 business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; Eudora® email software for Windows® and Macintosh® computing platforms; 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 1999 FORTUNE 500® company traded on the 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 26, 1999, and most recent Form 10-Q.
Qualcomm, OmniTRACS and Eudora are registered trademarks of Qualcomm Incorporated. MSM and MSM3100 are trademarks of Qualcomm Incorporated. Globalstar is a trademark of Loral Qualcomm Satellite Services, Incorporated. cdmaOne is a trademark of the CDMA Development Group. Windows is a registered trademark of Microsoft Corporation. Macintosh is a registered trademark of Apple Computer Inc. All other trademarks are the property of their respective owners.