Feb 28, 2001SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- February 28, 2001 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that Samsung Electronics Ltd. has selected Qualcomm CDMA Technologies' (QCT) MSM5200™ Mobile Station Modem (MSM™) integrated circuit and system software solution for the handsets Samsung is developing to meet the IMT-2000 Wideband CDMA (WCDMA) mode for the third-generation (3G) Universal Mobile Telecommunications System (UMTS). Samsung selected the MSM5200 solution based on QCT's system expertise and track record of proven, commercially available CDMA products.
"WCDMA is one of the principal CDMA standards, and QCT provides leadership and depth of CDMA expertise unparalleled in the industry," said K.T. Lee, CEO and executive vice president of Samsung. "QCT's MSM5200 solution will allow us to provide our customers with advanced WCDMA handsets offering competitive system performance, the richest feature sets and wireless Internet capabilities."
"The MSM5200 solution demonstrates QCT's leadership in all versions of CDMA," said Don Schrock, president of Qualcomm CDMA Technologies. "QCT's integrated circuits and system software enable partners such as Samsung to introduce new technologies quickly and confidently because QCT provides evolutionary solutions that offer new capabilities and features based on existing, proven CDMA technology."
The MSM5200 solution supports 384 kbps and is based on QCT's system expertise and proven, commercially available products. The MSM5200 solution offers the integrated features of QCT's Wireless Internet Launchpad™ suite of advanced technologies and software, including SnapTrack™ position-location technology, Bluetooth™ connectivity capabilities, UMTS Subscriber Identity Module (SIM), and multimedia features such as Qtunes™ Moving Picture Experts Group (MPEG-1) Layer-3 (MP3) player software support and Compact Media Extension (CMX™) Musical Instrument Digital Interface (MIDI)-based multimedia software. The MSM5200 solution is also capable of interfacing to QCT's Mobile Station Processor (MSP™) microprocessor family, which is designed to perform the functions associated with personal digital assistant (PDA) applications, including support for streaming video using PacketVideo's PVPlayer™ MPEG-4 streaming media decoder.
The combination of features offered by the MSM5200 solution will allow manufacturers to develop a wide range of feature-rich products for wireless multimedia applications - from standard voice-and-data handsets to smart phones that include voice, data, multimedia and organizer capabilities - quickly, securely and cost efficiently.
Samsung Electronics Co., Ltd., with 1999 sales revenue of US$22.8 billion, is a world leader in the electronics industry. The Korea-based concern has operations in about 50 countries with 54,000 employees worldwide. The company consists of three main business units: Digital Media System, Semiconductor, and Information&Communications Businesses. For more information, please visit the company's website: http://samsungelectronics.com.
Qualcomm CDMA Technologies is a developer and supplier of CDMA integrated circuits, hardware and software solutions, and tools, with more than 133 million cumulative shipments of MSM chips worldwide. QCT offers wireless position location technology by SnapTrack, a wholly owned subsidiary of Qualcomm. QCT supplies chipsets to the world's leading CDMA handset and infrastructure manufacturers including: Acer Peripherals, Inc., ALPS ELECTRIC CO., LTD.; CASIO COMPUTER CO., LTD.; 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 integrated circuits and system software; technology licensing; Eudora® e-mail software for Windows® and Macintosh® computing platforms; digital cinema systems; and satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents that 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 95 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 Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA and Bluetooth technologies are deployed, 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, 2000, and most recent Form 10-Q.