Outpacing Expectations, Milestone Follows Just Two Years After First Billion Chips ShippedLONDON
Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced that the Company has shipped two billion chips since 1996 when it delivered the first commercial CDMA solutions to wireless handset and infrastructure customers. Qualcomm marked the shipment of the first billion chips in 2003, marking an exceptional acceleration in the quantity of chips being delivered to the wireless industry. Qualcomm's chipsets have been instrumental in the robust growth of CDMA technology and helped make the Company the largest provider of third-generation (3G) technology today.
"To reach such a significant milestone as a second billion chips shipped in only two years reinforces Qualcomm's stellar growth and leadership position in the wireless industry," said Dr. Sanjay K. Jha, president of Qualcomm CDMA Technologies. "Our continuing expansion into new markets and solid commitment to the success of our industry partners has enabled the rapid deployment and advancement of wireless technologies around the world. I would like to take this opportunity to thank all of our customers and partners, and above all, Qualcomm employees for helping us reach this important milestone."
Qualcomm solutions power a significant number of the more than 740 commercial CDMA2000® and WCDMA (UMTS) wireless devices available today. These devices include 3G multimedia and gaming devices; still-image camera and video phones; high-accuracy GPS positioning-enabled phones and dedicated tracking devices; smartphones and wireless PDAs; and low-cost voice and basic data phones that allow operators to provide entry-level services, leveraging the superior network capacity provided by CDMA-based standards.
Qualcomm has integrated a greater number of functions into its solutions, enabling the development of cost-effective devices with key features that take advantage of the larger bandwidth available on 3G networks. These features - multimedia, connectivity, storage, position-location, and user-interface capabilities from the Launchpad™ suite of integrated technologies - have enabled support for multi-megapixel cameras, video telephony, streaming multimedia content, 3D gaming, CD-quality audio playback, DVD-quality video playback, and comprehensive GPS position-location technology.
Qualcomm provides the industry with highly integrated, cost-effective chipsets including baseband modems, radio frequency integrated circuits (ICs), power management (PM) ICs, and supporting system software. There are more than 150 CDMA2000 1X, CDMA2000 1xEV-DO and WCDMA operators in 71 countries who currently support more than 210 million 3G subscribers around the world (source: 3Gtoday.com).
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2005 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 25, 2005, and most recent Form 10-Q.
Qualcomm is a registered trademark of Qualcomm Incorporated. Launchpad is a trademark of Qualcomm Incorporated. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA USA). All other trademarks are the property of their respective owners.
November 08, 2005November 08, 2005Qualcomm Ships Second Billion Chips to Meet Surge in DemandQualcomm Ships Second Billion Chips to Meet Surge in Demand