SAN DIEGO -- May 24, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, in cooperation with Nippon Idou Tsushin Corp. (IDO) and Hitachi, Ltd., today announced that a High Data Rate (HDR) technology field trial will begin this year in Japan. Following a successful trial, Hitachi intends to develop and manufacture HDR infrastructure equipment for commercial use worldwide.
"We look forward to evaluating the performance of HDR in Japan. The successful completion of this trial will mark an important step in our effort to expand our service offering through new Internet-related applications, including multimedia and electronic commerce," said Akira Nishiumi, director and general manager, engineering department, IDO.
"With a more efficient use of spectrum, HDR will ensure IDO continues to broaden its customer base."
"With strong support from Qualcomm, we anticipate a successful trial and look forward to the commercial deployment of HDR in Japan," said Yasuo Katou, general manager of CDMA Systems Business Operation, Telecommunications Systems Division of Hitachi. "The superior performance of HDR will help meet the growing global demand for wireless data services and confirm Hitachi's position as a leading provider of HDR infrastructure."
"HDR's proven capabilities as a leading wireless Internet access technology continue to attract significant interest from operators and manufacturers," said Jeff Jacobs, senior vice president of business development, Qualcomm. "We look forward to meeting the increasing demand for bandwidth with the commercial deployment of HDR."
HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable and mobile applications. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocol (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics as cdmaOne™ and 1x Multi-Carrier. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on access to the Internet and next-generation data services.
IDO is one of Japan's leading mobile telecommunications operators, providing customers with superior voice, WAP and data access rates of up to 64 kbps in the CDMA network, and is leading the world's mobile data market. The company had consolidated sales of 479.2 billion yen ($4.4 billion) in fiscal 1999 (ended March 31, 2000) and currently has 3.9 million subscribers in central Japan, including the Tokyo metropolitan area.
Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 1999 (ended March 31, 2000) consolidated sales of 8,001 billion yen ($75.5 billion*). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi's Web site at: www.hitachi.co.jp.
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 integrated CDMA chipsets and system software; technology licensing; Eudora® email software for Windows® and Macintosh® computing platforms; satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. Qualcomm has licensed its essential CDMA patent portfolio to more than 75 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2000 FORTUNE 500® company traded on The Nasdaq Stock Market® 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: the risk that the transactions contemplated by the agreement may not close, the technical and marketing trials may not be successful, HDR technology may not become commercially deployed, 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 the 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.