SAN DIEGO -- April 22, 2003 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that the Company's Qualcomm CDMA Technologies (QCT) division has been selected by Samsung Electronics, a global leader in telecommunication, semiconductor and digital convergence technology, as "Best Supplier of the Year." The award, in recognition of QCT's significant contributions to Samsung Electronics becoming the world's leading wireless device manufacturer, was presented in Seoul at a formal ceremony held for the two companies.
"We thank Qualcomm for their dedication and support in providing us with world class, highly-integrated chipsets and software solutions for Samsung's continued success," said Mr. KiTae Lee, president of Telecommunication Network Business, Samsung Electronics.
"Through our close partnership with Qualcomm, Samsung continues to rapidly produce industry-leading, feature-rich, high-quality CDMA2000 1X and CDMA2000 1xEV-DO handsets for the global wireless industry."
"We accept this award with much appreciation and commitment to our Samsung partnership, a productive partnership that we have developed over nearly a decade," said Dr. Sanjay Jha, president of Qualcomm CDMA Technologies. "As a key customer of our CDMA chipset solutions, we are proud of Samsung's recognition of QCT's leadership in enabling the design of many new wireless devices, and to our dedication in ensuring only the highest quality of service support. We hope to continue our strong partnership and further grow CDMA markets together."
Samsung Electronics Co., Ltd. (www.samsung.com) is a global leader in semiconductor, telecommunication and digital convergence technology. Samsung Electronics employs approximately 70,000 people in 88 offices in 47 countries. The company is the world's largest producer of memory chips, TFT-LCDs, CDMA mobile phones, monitors and VCRs. Samsung Electronics consists of four main business units: Digital Media Network Business, Device Solution Network Business, Telecommunication Network Business and Digital Appliance Network Business.
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. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2003 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
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