Feb 19, 2002SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
CANNES, France -- February 19, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today demonstrated a wide range of innovative products and advanced solutions that are driving the migration and adoption of third-generation (3G) CDMA.
The accelerating acceptance of 3G CDMA solutions in South Korea, North America and Latin America, which now account for over five million 3G CDMA users today, provides graphic proof of the demand for third-generation networks, devices and applications.
Enabled by Qualcomm CDMA chipsets and system software, a broad range of full-color phones and wireless devices are entering the market, including: camera phones; Video on Demand phones; Global Positioning System (GPS) and multimedia enabled phones and devices; as well as WinCE devices with Variable Graphics Array (VGA) screens. These new devices, combined with true 3G performance, are opening the door for the creation of a broad array of products and services that deliver greater choice for consumers and enhance operators' ability to differentiate.
"Led by the launch of 3G over a year ago in South Korea, the wireless consumer's usage and demands have changed dramatically," said Dr. Irwin Mark Jacobs, chairman and CEO of Qualcomm. "The Korean experience demonstrates that the increased capabilities of 3G CDMA networks, when joined with the enhanced capabilities of Qualcomm's Wireless Internet Launchpad and BREW initiatives, can drive a fundamentally different consumer experience and operator business model. Color screens, synthesized sounds, MP3, cameras, USB connectivity and MPEG-4, are now becoming standard features. The recent 3G CDMA launches by U.S. and Canadian operators will further accelerate the pace of product and application development."
"3G networks have now moved beyond the theoretical and into the realm of the practical. We look forward to Qualcomm UMTS solutions enabling similar color, GPS-enabled, video on demand, MP3, and BREW capable UMTS phones in the near future," Dr. Jacobs added.
Highlights of the Qualcomm booth, which is themed "One World, Many Solutions" included (full press releases can be found on the Qualcomm Web site: www.qualcomm.com):
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 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.
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 is 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 30, 2001, and most recent Form 10-Q.