SAN DIEGO -- February 13, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) has been honored as the Supplier of the Year for calendar year 2001 by Qualcomm CDMA Technologies (QCT). The QCT Supplier of the Year award recognizes a key supplier that demonstrates the highest delivery, quality and customer service performance throughout the calendar year for the Company's QCT division.
"We are pleased to announce that TSMC has earned the QCT Supplier of the Year award for calendar year 2001," said Lorraine Stamoulis Surnamer, senior vice president of procurement for QCT. "This award acknowledges TSMC's performance in all major areas, including quality, on-time delivery and customer service. QCT applauds TSMC's focus and drive to achieve their goal and this accomplishment. As a fabless semiconductor company, Qualcomm relies on the high-quality, and timely and consistent performance of development and manufacturing partners such as TSMC. For 2002, we anticipate the level of commitment from TSMC will continue to grow as we develop new designs and technologies."
QCT awarded TSMC the Pursuit of Excellence award for calendar 2000, recognizing TSMC as the most significantly improved among their peer foundry competitors. Upon receiving that award, TSMC made a commitment to achieve the Supplier of the Year award for 2001. TSMC steadily improved their overall Supplier Management Program (SMP) rating to first place for both halves of calendar year 2001, and has demonstrated the essence of Supplier/Customer partnership with their constant effort to do what is best for their customer across all functional support areas.
Qualcomm's SMP, now in its eighth year, was established to facilitate Qualcomm's supplier partnerships and focus its business with a limited base of qualified suppliers that excel in quality, provide superior delivery performance and deliver products at the lowest overall cost. Equally important is a demonstrated track record of continuous improvement. It is Qualcomm's goal to establish long-term partnerships with suppliers that meet these criteria.
"We are very proud to receive this award from QCT," said Rick Tsai, president and COO of TSMC. "We are committed to excellence by working closely with QCT to exchange ideas, solve problems and ultimately drive down total cost of ownership in our respective business, manufacturing and logistics processes. Qualcomm's Supplier Management Program provides tools to measure performance against expectations and enables us to work together to meet Qualcomm's customer requirements."
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 chipsets and system software; technology licensing; the Binary Runtime Environment for Wireless™ (BREW™) applications platform; QChat push-to-talk technology; Eudora® e-mail software; 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 100 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2001 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.