Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today marked a milestone in the adoption of the Company's gpsOne® position-location technology. More than 300 million mobile handsets worldwide have now been shipped with the gpsOne solution, helping the wireless industry meet worldwide user demand for accurate, easy-to-use location services on mobile devices.
“Qualcomm powers the majority of mobile location services that have been deployed thus far, and this milestone reflects the accelerated expansion of GPS capabilities on mobile handsets using Qualcomm's gpsOne solution,” said Jason Bremner, senior director of product management for Qualcomm CDMA Technologies. “We anticipate even stronger growth in the upcoming years as new mobile-based applications such as location-aware shopping, friend finder and community-type location services become more mainstream in consumers' daily lifestyles.”
The gpsOne solution is the most widely deployed position-location solution in the world. It currently provides the position-location technology behind the majority of location services offered by more than 50 major network operators worldwide. Supporting Assisted-GPS and Standalone-GPS modes, as well as gpsOneXTRA™ Assistance technology for enhanced Standalone-GPS performance, the gpsOne solution is integrated into most of Qualcomm's Mobile Station Modem™ (MSM™) chipsets to enable manufacturers to more cost effectively offer positioning capabilities on wireless devices. Numerous leading developers have taken advantage of the gpsOne solution on MSM chipsets to offer a wide range of compelling applications currently available on global wireless networks.
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 2007 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 gpsOne-based services are deployed by network operators, the extent and speed to which gpsOne technology is adopted by handset manufacturers, 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, 2006, and most recent Form 10-Q.