SHANGHAI, March 27 /PRNewswire-Asia/ -- Samsung, the global leader in semiconductor, telecommunication, digital media and digital convergence technologies has selected Spreadtrum Communications, Inc. (Nasdaq: SPRD) (the "Company"), one of China's leading wireless baseband chipset providers, as a new chipset supplier. Spreadtrum's QS520 GSM/GPRS and QS1001 EDGE transceivers have been designed into Samsung's mobile phone models that are to be shipped internationally. The Company has commenced volume shipment of these two products to Samsung.
"We are very pleased that Samsung has selected Spreadtrum as a new chipset supplier," said Dr. Leo Li, Spreadtrum's President & Chief Executive Officer. "We have developed competitive GSM/GPRS and EDGE transceivers, and it feels great to have a world-class customer confirm this. We will work with Samsung to achieve a smooth ramp-up of these products and cooperate with Samsung in future products."
The Spreadtrum QS520 GSM/GPRS and QS1001 EDGE chips are among the most advanced in the industry in terms of radio performance and power consumption. These chips feature integrated quad-band GSM/GPRS and EDGE radio frequency (RF) transceivers and temperature sensors.
About Spreadtrum Communications
Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum") is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver
highly-integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich to meet their cost and time-to-market requirements. For more information, please visit: http://www.spreadtrum.com .
Safe Harbor Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding Spreadtrum's smooth ramp-up of products for Samsung to be shipped internationally and cooperation on future products with Samsung. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, the pace of commercial deployment of the QS520 GSM/GPRS and QS1001 EDGE transceivers, market acceptance of such products and technologies, continuing competitive pressure in the semiconductor industry, and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the annual report on Form 20-F filed on June 30, 2008, especially the sections under "Risk Factors " and "Management's Discussion and Analysis of Financial Condition and Results of Operations", and such other documents that the Company may file or furnish with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release.
