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WallSt.net Airing Exclusive Audio Interviews With CHMS, SFNL, TASR ...
PR Newswire (press release) - 20 minutes ago
... highlights include discussions on the following topics: * customers including Samsung, Motorola and NEC * recent licensing agreements with Qualcomm and Texas ...
Please see link for detail:
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/04-05-2005/0003332092&....
ABI Research Forecasts Asia to Overtake Europe as 2nd Largest Commercial Telematics Industry
Monday April 4, 11:55 am ET
http://biz.yahoo.com/bw/050404/45765.html?.v=1
OYSTER BAY, N.Y.--(BUSINESS WIRE)--April 4, 2005--Europe and North America, with nearly two-thirds of the world's total market value for fleet telematics, currently overshadow the largely untapped Asia-Pacific market. However, rapid economic expansion in the region, specifically in China and India, will drive commercial adoption of telematics in Asia to greater levels than in Europe by the end of this decade.
"With continuing investment and development in this region, firms will be looking to streamline their supply chains and manage their assets more efficiently, so they will naturally turn to telematics," says ABI Research analyst David Schrier.
The market segments poised for the greatest growth in the near future include long-haul trucking, public transit, and taxis. "The long-haul trucking segment is a traditional early adopter, and growth in trade and development are directly linked to increased uptake in this market," adds Schrier.
Taxis represent a huge addressable market, particularly in Beijing, as fleets gear up for the 2008 Olympics in China. In India, Tata, the leading commercial truck maker, recently signed an agreement with MobiApps to develop fleet management solutions. This promises to be a powerful marketing strategy as well as providing enhanced OEM integration for improved remote diagnostics.
As larger firms such as QUALCOMM move downmarket and into new regions, will smaller firms still find their niches? ABI Research's "Commercial Telematics Service" examines this issue in depth, analyzes the entire fleet telematics industry, and provides insight into other major market developments. It also includes a hardware vendor matrix that assesses leading firms in the commercial telematics space.
In addition, this subscription service includes annual research reports, quarterly market updates, and a user-searchable forecast database. Adjunct technologies such as cellular, satellite, DSRC, Wi-Fi, UWB, and Bluetooth are also analyzed for their potential. Subscribers also receive analyst support time and ABI Research's Analyst Insights.
Founded in 1990 and headquartered in New York, ABI Research maintains global operations that support annual research programs, quarterly intelligence services and market reports in automotive, wireless, semiconductors, broadband, and energy. Their market research products can be found on the Web at www.abiresearch.com, or by calling 516.624.2500.
--------------------------------------------------------------------------------
Contact:
ABI Research
Beth Schechner, 516-624-2542
pr@abiresearch.com
--------------------------------------------------------------------------------
Source: ABI Research
WIPI to Become Mandatory for Handsets This Month
Cell phones will be required to carry the Korean-style wireless Internet platform WIPI (Wireless Internet Platform for Interoperability), the Ministry of Information and Communication said Thursday.
The ministry said it revised a law on electronic communication equipment connections to promote the use of WIPI and development of related industries. The revised law will go into effect this month. A wireless Internet platform is a program for wireless devices that functions like an operating system in a computer.
Most Korean handsets already have WIPI. A ministry spokesman said since the country's "big three" cell phone manufacturers used different platforms in the past, content developers had borne the unnecessary burden of investing in developing platforms. The revised law will ease that burden, he added.
The ministry initially wanted to make the WIPI system mandatory last July, but the U.S. government opposed Korea¡¯s plan on behalf of American mobile phone semiconductor chipmaker Qualcomm, triggering a trade conflict with Korea. In a compromise solution, Korea agreed to postpone making WIPI mandatory until April 1 this year, and the U.S. promised to make Qualcomm¡¯s platform BREW meet the WIPI standard.
(englishnews@chosun.com )
http://english.chosun.com/w21data/html/news/200503/200503310028.html
Nokia pursuing different chip strategies?
http://rcrnews.com/news.cms?newsId=22015
Nokia Scrambles To Offer EV-DO Phones
http://www.phonescoop.com/news/item.php?n=1153
More SK Teletech and Nokia News:
http://www.dailytimes.com.pk/default.asp?page=story_31-3-2005_pg5_17
Re: Nokia EV-DO handsets....with Q inside R^)
Please see below link for more detail:
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=8035612
Beware of High-Flying Tech Stocks
Yes, a few companies deserve their pricey valuations, but even those come with a dose of risk. Many others are just too dicey
http://yahoo.businessweek.com/magazine/content/05_14/b3927421_mz079.htm
Tech stock prices, which plummeted after the stock market crash of 2000, have returned to lofty levels. Valuations haven't traveled quite as far into outer space as they did a few years ago, but many tech companies have achieved what might be known as high-earth orbit.
A quick glance at this year's BusinessWeek 50 shows that the firmament is bright with tech stars. Nearly one-third of the list comes from various parts of the tech universe, including software and hardware. That's a strong showing, because tech companies account for less than one-fifth of the S&P 500, from which the BusinessWeek 50 is drawn.
These tech stars can be pricey, too. The first, second, and third most-expensive companies, as measured by price-earnings ratio, are all tech companies. First is eBay (EBAY ), with a p-e of 75, more than three times the list average of 22. Apple (AAPL ) and Yahoo! (YHOO ) come in second and third with ratios of 72 and 56, respectively. That's a huge premium. The average p-e for the BusinessWeek 50 is 10.9, and the p-e for the Standard & Poor's 500-stock index, a standard benchmark for the broad market, is 7.5.
UNLIMITED POTENTIAL? Let the buyer beware. Some tech companies have legitimate reasons for commanding a premium. But overall, valuations are unsustainably high. Tech stocks, by their nature, invite speculative fervor, because the potential for success is unlimited. When Microsoft (MSFT ) (No. 41) hits it big, historic returns are possible. And when Apple (No. 14) produces a best-selling product like the iPod music player, investors often feel they can justify paying any price.
"By way of comparison, no one ever expects an energy company to report that it has discovered a vast new supply of oil, so investors don't place the same value on energy companies," says Brett Azuma, head of research at tech analyst RHK in South San Francisco, Calif. ConocoPhillips (COP ), ChevronTexaco (CVX ), and Valero Energy (VLO ), which rank second, third, and fourth, respectively, on this year's list, each have modest p-e ratios of about 10.
The problem is that the outsize rewards are enjoyed by only a few companies in the tech sector. For every Microsoft, eBay, or Apple, dozens of companies struggle to survive. According to analyst Bill Whyman of market researcher Precursor Group, tech revenue is expected to grow 8% to 10% this year, about twice the pace of gross domestic product growth. That's solid, but it doesn't support the sky-high valuations that are increasingly common in tech.
CLOSE TO THE EDGE. The danger is that investors will start piling into risky second- and third-tier companies as leaders like Yahoo, eBay, and Apple become just too expensive for them. Does anyone really want to take a bet on investing in the next iPod?
Some analysts think investing in the original iPod is risky enough. "Apple is a provocative and interesting company, but it also carries extremely high risk," Whyman says. Apple's profit margin is a modest 5.2%. Yes, Jobs & Co. sell huge numbers of iPods. But with such low margins, it needs an extremely large revenue base to earn a profit. A decline in pricing or in the growth of sales would have a sharp immediate impact on Apple's financial health and stock price.
And there's always a risk that someone will develop a low-price digital music player that's competitive with Apple's groundbreaking design.
SUSTAINABLE LEAD. Still, a few tech companies on this year's list appear to be reasonably valued. Wireless-technology pioneer Qualcomm (QCOM ) -- No. 13 -- has found a way to enjoy the benefits of the industry's growth while sidestepping its competition. How? It offers unique technology used by a slew of customers who compete with one another. Qualcomm has a reasonable p-e of 33 and healthy profit margin of 36%.
A similarly strong foundation may be supporting the success of computer giant Dell (DELL ). No. 15 on the list, Dell is a master of corporate process and operations, according to investment adviser Francis McInerney of North River Ventures. Dell's corporate machinery is so finely tuned, its inventory so tightly managed, that it can turn sales into cash faster than any of its rivals, McInerney says. That managerial expertise gives it a sustainable lead in the low-margin commodity business. And with a p-e of 34, it's not outrageously priced for a world-class competitor.
Even tech companies with reasonable p-e's can carry a lot of risk. That's especially true in the software sector. Microsoft and Symantec (SYMC ) have p-e ratios in the 20s, which is hardly high by today's standards. But the industry is becoming more and more competitive. Customers are buying lots of software from a few big players. That's turning software into an all or nothing game.
REMEMBER... Symantec's stock has been hammered lately because investors are nervous about its acquisition of Veritas (VRTS ) and about competition from Microsoft, which is putting more resources into competing in Symantec's security market.
If investors look carefully, they can still find some reasonably priced companies among tech's biggest names. But they need to remember that as valuations rise, so does the risk level.
By Steve Rosenbush in New York
Edited by Patricia O'Connell
Jim, thanks for the reply. I hope you are right! It will be great if it happens at the end of 2005 and the begining of 2006. I missed a big opportunity to sell in early 2000, but this time, I will watch it carefully and unload some of my holdings if the similar opportunity arrives.
A buyback binge for tech
Yahoo!, Dell and other techs plan to repurchase shares. That's nice...but what about dividends?
March 24, 2005: 5:54 PM EST
By Paul R. La Monica, CNN/Money senior writer
http://money.cnn.com/2005/03/24/technology/techinvestor/lamonica/index.htm?section=money_latest
NEW YORK (CNN/Money) – Tech stocks have been bruised and battered this year. But some companies are sending strong signals that they think their stocks are now bargains.
Two tech leaders announced stock buyback plans this week. On Thursday, Yahoo! (Research) said it had authorized a plan to repurchase as much as $3 billion worth of its stock over the next five years.
A day earlier, Applied Materials (Research) said it approved a $4 billion program.
Investors liked the news. Shares of AMAT shot up 2.5 percent on Wednesday and Yahoo!'s stock was up nearly 3 percent Thursday morning.
Why are buybacks a good thing? With fewer shares on the market, earnings per share should increase boosting overall value. And if the company thinks it's own stock is worth buying, the thinking goes, that must be a good sign.
Yahoo! and AMAT have lots of company in the buyback parade. Since February, there have been buyback announcements from Qualcomm (Research), Dell (Research), First Data (Research), Broadcom (Research) and KLA-Tencor (Research).
Do all these companies really think that their stocks are that cheap? It could be. The Nasdaq has fallen nearly 10 percent so far this year.
But investors need to be wary of embracing companies that announce buybacks for a couple of reasons.
Sign of value or necessary evil?
For one thing, there is a difference between simply saying that you will buy back stock and then actually going out and doing it. All Yahoo! indicated is that it can buy back $3 billion's worth of shares. It isn't obligated to do so.
So investors need to check back to see if companies follow through. To their credit, both Dell and Applied Materials have actually bought back sizable amounts of shares in recent years. Cisco Systems (Research) has also been a big repurchaser of its own stock.
A second issue is that buybacks are often done by tech companies simply because they need to offset the effect of new shares flooding the market after employees cash in on stock options. That's a big difference between saying your stock is a bargain.
So for companies like Yahoo! and Broadcom, which both have seen their share count rise sharply in recent years, the buybacks may be more of a way to combat potential earnings dilution from options that are exercised.
With that in mind, expect more buyback announcements from large tech companies since many are still big granters of options and are sitting on sizable amounts of cash. eBay (Research) and Google (Research), for example, each have $2 billion in cash on their balance sheets. Apple (Research) has about $6.5 billion.
And there are only a few choices that companies have regarding their cash. They can reinvest it into the business. They can, like Oracle (Research), go on an acquisition hunt. Or they could buy back stock. Many companies will probably argue that the latter option is the best use of their cash.
Don't forget dividends
But wait. Isn't there another way to deploy cash? What's that thing called where investors get quarterly payments from companies they own stock in? Oh yeah, a dividend.
Applied Materials appeared to get that message. The company also announced Wednesday that it would begin issuing a quarterly dividend of 3 cents a share in June. Based on that payout, the dividend would yield 0.7 percent.
That's a step in the right direction and will hopefully put pressure on other techs with a lot of cash like Cisco, Dell and Oracle, to name a few, to start paying dividends as well.
Sure, some tech diehards argue that a dividend is a sign of maturity and the end of a company's growth phase and point to Microsoft (Research) and its stagnant stock price during the past few years as proof.
But Microsoft hasn't been a snoozer of an investment for the past few years because it pays a dividend. After all, Wall Street hasn't penalized Qualcomm. Shares of the wireless chipset company have nearly doubled since it announced it would begin paying a dividend two years ago.
So if tech companies really want to show investors they're serious about using their cash to reward shareholders, they might want to take a page from the book of Microsoft, Qualcomm and AMAT and start paying dividends in addition to buying back stock.
W-CDMA chipset to support HSDPA
Posted: 25 Mar 2005
http://www.eetasia.com/ART_8800362352__c98fd49c_no.HTM
Qualcomm Inc. announced it is developing the Mobile Station Modem MSM6260 chipset and system software solution for W-CDMA (UMTS)/ High Speed Downlink Packet Access (HSDPA) and GSM/GPRS/EDGE (EGPRS). Expected to be sampling by the fourth quarter of 2005, this chipset will be optimized to increase the reach of cost-effective, higher-speed wireless data solutions.
The MSM6260 multimedia platform chipset supports peak data rates of 3.6Mbps, and can support tri-band W-CDMA/HSPDA (850/1900/2100 MHz) and quad-band EGPRS (850/900/1800/1900 MHz) operation.
"To meet the increased demand for the high data rates supported by HSDPA, we've developed a mainstream solution [the MSM6260 chipset] that allows OEMs to reuse their existing MSM6275-based designs to develop a broad variety of HSDPA devices," said Dr. Sanjay K. Jha, president of Qualcomm CDMA Technologies.
The design is pin- and software-compatible with the company's other HSDPA chipsets. It supports multimedia services such as streaming video solutions, advanced audio for portable music, 2.0 megapixel digital photography and location-based services.
The MSM6260 will be available for sampling the 4th quarter of 2005.
- Janine Love
eeProductCenter
Qualcomm Rank 13 in 9th Annual BusinessWeek 50
Heavy Industry Makes a Comeback in 9th Annual BusinessWeek 50 Ranking of Top Performing U.S. Companies
Thursday March 24, 6:12 pm ET
http://biz.yahoo.com/prnews/050324/nyth142_3.html
NEW YORK, March 24 /PRNewswire/ -- A combination of thoughtful and well- timed acquisitions along with a rebound in steel prices helped catapult Charlotte-based steelmaker Nucor Corp. into the No. 1 spot on this year's BusinessWeek 50 list. By snatching up 10 steel plants on the cheap, Nucor successfully navigated the downturn in the steel market. Then, when global steel prices began to rebound, the acquisition strategy paid off and Nucor's profits soared seventeen-fold, from the $62.8 million earned in 2003, to $1.1 billion last year.
Nucor is symbolic of the strong showing made by oil and heavy industry companies on this year's BusinessWeek 50 list. In fact, surging commodity prices helped big oil companies win six of the top 10 spots on the list. Rounding out the top five are ConocoPhillips (No. 2), ChevronTexaco (No. 3), Valero Energy (No. 4) and UnitedHealth Group (No.5).
Even with the surge of industrial companies, this year's list isn't all diesels and smokestacks. Technology companies show up in numbers unseen since the boom days. Cisco Systems and Microsoft return after a yearlong hiatus to make their fifth and sixth appearances on the list, respectively, and Internet stars eBay and Yahoo! are repeat performers. In fact, the 2005 roster of BusinessWeek 50 companies is the most diverse in the ranking's history. See page two for the full list and rankings.
Beginning on March 25th, BusinessWeek Online will enhance the magazine coverage of the BusinessWeek 50. In partnership with Capital IQ and Standard & Poor's, the site will include more detailed information pages on each of the BusinessWeek 50 companies as well as a table comparing the compensation of the CEOs of companies on the list. The site will also feature the BusinessWeek 50 Interactive Scoreboard-with daily and monthly updates. For these and additional features visit: http://www.businessweek.com/bw50 .
About the BusinessWeek 50:
Since the inception of the list, BusinessWeek has set out to rank Corporate America's best performers, by capturing both momentum and sustainability. To determine how the companies in the S&P 500 index stack up against one another, BusinessWeek ranks all 500 companies using ten key criteria of financial success, starting with sales and earnings growth. BusinessWeek tallies both for the most recent 12-month and three-year periods, to reward companies that can prosper over times. As a gauge of how well management deploys its resources, net profit margins and return on equity are factored in. And finally, BusinessWeek accounts for the market's view, by measuring total shareholder returns for one- and three-year periods.
BusinessWeek weights the results for sales volume, because it's harder for large companies to post impressive revenue- and profit-growth figures. And the debt-to-capital ratio is factored in, to recognize clean balance sheets. That also makes it harder for corporations to qualify with growth that's primary the result of debt-laden acquisitions.
The 2005 BusinessWeek 50
Rank Company Name Ticker Rank Company Name Ticker
1 Nucor Corp. NUE 26 Johnson & Johnson JNJ
2 Conoco Phillips COP 27 Carnival Corp. CCL
3 Chevron Texaco Corp. CVX 28 Adobe Systems Inc. ADBE
4 Valero Energy Corp. VLO 29 Cummins Inc. CMI
5 UnitedHealth UNH 30 Boston Scientific BSX
Group Inc. 31 EOG Resources Inc. EOG
6 Occidental OXY 32 Symantec Corp. SYMC
Petroleum Corp. 33 Starbucks Corp. SBUX
7 Exxon Mobil Corp. XOM 34 Electronic Arts Inc. ERTS
8 Yahoo! Inc. YHOO 35 WellPoint Inc. WLP
9 Nextel NXTL 36 Deere & Co. DE
Communications Inc. 37 U.S. Steel Corp. X
10 Apache Corp. APA 38 Zimmer Holdings Inc. ZMH
11 Devon Energy Corp. DVN 39 Fedex Corp. FDX
12 Pulte Homes Inc. PHM 40 Chubb Corp. CB
13 Qualcomm Inc. QCOM 41 XTO Energy Inc. XTO
14 Apple Computer Inc. AAPL 42 Microsoft Corp. MSFT
15 Dell Inc. DELL 43 Danaher Corp. DHR
16 Paccar Inc. PCAR 44 Unocal Corp. UCL
17 Coach Inc. COH 45 Dow Chemical Co. DOW
18 Sunoco Inc. SUN 46 Cisco Systems Inc. CSCO
19 eBay Inc. EBAY 47 Gilead Sciences Inc. GILD
20 Burlington BR 48 Nike Inc. NKE
Resources Inc. 49 Anadarko Petroleum Corp. APC
21 Progressive Corp. PGR 50 Bank of America Corp. BAC
22 Caremark Rx Inc. CMX
23 Caterpillar Inc. CAT
24 Phelps Dodge Corp. PD
25 Autodesk Inc. ADSK
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Source: BusinessWeek
Will history repeat?
During the 2 months period between 11/8/99 and 1/3/00 QCOM share price increased from 35.33 to a maximum fo 87.58(split adjusted). I personally believe that history will repeat itself in late 2006 or during 2007, because of the widespread use of 3G cdma technology( ev-do, wcdma and hsdpa etc... around the world).
http://finance.yahoo.com/q/hp?s=QCOM&a=10&b=08&c=1999&d=00&e=03&f=2000&g...
Date Open High Low Close Volume Adj Close*
3-Jan-00 199.25 200.00 174.00 179.31 45,667,000 87.58
31-Dec-99 171.00 181.12 167.25 176.12 36,337,100 86.02
31-Dec-99 4 : 1 Stock Split
30-Dec-99 736.00 740.12 638.94 647.00 16,125,400 79.00
29-Dec-99 562.88 662.06 560.00 659.00 14,760,400 80.46
28-Dec-99 527.76 528.50 470.00 503.00 4,975,400 61.42
27-Dec-99 478.25 520.12 458.25 513.44 6,259,300 62.69
23-Dec-99 478.75 479.00 464.44 466.50 5,426,100 56.96
22-Dec-99 519.50 522.12 485.00 485.44 7,117,200 59.27
21-Dec-99 479.56 500.88 479.00 496.88 6,262,700 60.67
20-Dec-99 455.88 479.50 451.62 466.81 5,684,700 57.00
17-Dec-99 453.00 456.00 442.00 455.00 5,066,800 55.56
16-Dec-99 431.50 440.00 424.00 439.25 3,474,300 53.63
15-Dec-99 414.14 425.12 405.00 423.19 4,785,800 51.67
14-Dec-99 420.00 437.62 414.00 421.25 5,885,700 51.43
13-Dec-99 393.00 419.50 390.00 417.56 5,931,700 50.98
10-Dec-99 396.00 400.88 383.94 391.50 3,338,700 47.80
9-Dec-99 400.00 400.94 379.50 395.00 3,003,200 48.23
8-Dec-99 396.12 407.00 388.75 389.25 3,813,000 47.53
7-Dec-99 399.75 407.50 395.50 398.88 4,088,500 48.70
6-Dec-99 387.44 401.38 385.00 394.75 4,901,200 48.20
3-Dec-99 381.00 392.50 379.06 384.44 3,957,700 46.94
2-Dec-99 368.50 374.75 362.50 374.00 3,332,500 45.67
1-Dec-99 363.50 368.25 355.00 364.12 3,235,100 44.46
30-Nov-99 371.00 378.00 359.25 362.31 4,226,600 44.24
29-Nov-99 382.50 389.75 370.00 371.25 3,845,600 45.33
26-Nov-99 381.19 390.38 379.00 384.75 2,295,200 46.98
24-Nov-99 359.75 376.12 354.00 375.31 4,321,800 45.83
23-Nov-99 360.50 365.94 344.75 360.25 4,807,000 43.99
22-Nov-99 365.50 366.00 356.69 360.00 3,458,100 43.96
19-Nov-99 356.69 369.00 349.00 367.06 5,223,700 44.82
18-Nov-99 343.75 363.00 330.00 355.81 7,526,900 43.44
17-Nov-99 364.50 368.50 328.00 342.88 14,377,600 41.87
16-Nov-99 366.98 373.50 355.00 365.50 8,984,000 44.63
15-Nov-99 390.25 406.12 350.00 368.00 16,398,800 44.93
12-Nov-99 354.62 395.50 350.00 378.00 18,211,500 46.15
11-Nov-99 326.06 346.00 322.00 345.50 9,111,000 42.19
10-Nov-99 302.50 328.25 298.19 319.56 9,584,100 39.02
9-Nov-99 301.00 306.00 290.25 299.81 6,097,800 36.61
8-Nov-99 294.50 295.88 286.00 289.38 5,972,700 35.33
* Close price adjusted for dividends and splits.
Motorola Could Gain On Global Handset Upside
03.22.05, 9:51 AM ET
http://www.forbes.com/markets/2005/03/22/0322automarketscan03.html?partner=yahoo&referrer=
Banc of America Securities upgraded Motorola (nyse: MOT - news - people ) to "buy" from "neutral," saying the company's near-term outlook appears better than data suggest. "We acknowledge recent negative data points, but believe the impact is overstated," the research firm said. "We think global handset numbers will surprise and Motorola will be a key beneficiary." Banc of America said customers in the U.S. and China, which represent approximately 40% of Motorola's equipment sales, are increasing spending in the near-term, which could lead to upside. Based on improved handset outlook, the research firm raised the 2005 and 2006 earnings-per-share estimates on Motorola to 93 cents and $1.03, from 87 cents and 92 cents, respectively. The research firm also reiterated a $20 target price on Motorola. Banc of America said Motorola's current valuation appears compelling, with the stock "trading below its historic averages and at a discount to the market, despite a vastly improved balance sheet." The research firm's top picks in the wireless equipment sector are Nokia (nyse: NOK - news - people ) and Qualcomm (nasdaq: QCOM - news - people ), both rated at "buy" with respective target prices of $20 and $49. Its least favorite picks are Ciena (nasdaq: CIEN - news - people ) and Lucent Technologies (nyse: LU - news - people ), both rated at "neutral" with respective target prices of $2.50 and $3.50.
QUALCOMM Demonstrates Wide Variety of Enhancements Enabled by CDMA2000 1xEV-DO Rev. A at CTIA in New Orleans
Support for VoIP Services, Higher Data Rates, Additional Capacity Improvements and Platinum Multicast Further Increase Operators’ Ability to Offer Compelling Data Services
http://i-newswire.com/pr10584.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today began offering attendees to CTIA Wireless 2005 in New Orleans the opportunity to see live demonstrations of the significant improvements in wireless services enabled by CDMA2000® 1xEV-DO Rev A. QUALCOMM will be demonstrating such converged IP-based ( Internet protocol ) capabilities as VoIP ( voice over Internet protocol ) services over EV-DO, EV-DO Rev. A higher data rates, pilot interference cancellation ( PIC ), and Platinum Multicast. These leading capabilities enable wireless operators to cost-effectively offer a wide variety of compelling voice and data services tailored to segmented user needs. QUALCOMM's demonstrations can be seen at Booth Number 2631, Hall C, at the CTIA show March 14-16.
“With Rev. A, the capabilities of CDMA2000 1xEV-DO continue to set the benchmark for wireless wide area IP Systems,” said Dr. Paul E. Jacobs, QUALCOMM CEO-elect. “The rich variety of multimedia and IP-based services — both voice and data — enabled by Rev. A will allow our handset, infrastructure and operator partners to drive the competitive landscape as the convergence of mobile wireless, computing and consumer electronics change consumers' high-tech lifestyles around the globe.”
Support for VoIP Services
Operators implementing Rev. A throughout their network will be able to take advantage of wireless IP-based capabilities and enjoy the cost and flexibility advantages of an IP-based system well into the future. Operators choosing this development path will benefit from economies of scale and high-volume cost curves which take advantage of IP network elements and distributed network architectures. The ability to offer VoIP services over Rev. A-based networks will profoundly enhance operators' service offerings by enabling the combination of high-quality voice with a wide variety of applications, such as interactive 3D gaming among large groups of players, instant messaging with full multimedia content and video telephony.
Also, over Rev. A the IP airlink, resources can be used more flexibly — e.g., downloading high-quality multimedia content to user devices overnight while using the airlink resources for VoIP and interactive high-speed data applications during the day. This means operators will realize an improved use of spectrum and network flexibility by being able to tradeoff capacity and QoS capabilities, as well as monetizing high-speed data during voice idle times.
Rev. A Higher Data Rates & Higher Capacity
Rev. A offers improved peak data rates on both the forward and reverse links. On the forward link, peak data rates increase to 3.1 Mbps, while reverse link peak speeds have increased to 1.8 Mbps. Rev. A offers higher sector capacity within the same 1.25 MHz carrier, allowing operators to support more users and richer applications. Rev. A has twice the sector capacity of Release 0 on the reverse link and 1.2 times sector capacity on the forward link. Rev. A is fully backward compatible and interoperable with deployed EV-DO networks and devices around the world. Moreover, it builds on previous EV-DO enhancements, which enable operators to offer exciting new services and significantly differentiate their wireless offerings from their competitors.
Pilot Interference Cancellation
QUALCOMM continues to find new approaches to increasing system capacity and network efficiency for CDMA-based networks - all the while lowering operating costs for service providers. PIC employs advanced techniques to reduce interference on the CDMA reverse link. It improves the reverse link capacity by removing the pilot interference, which improves the signal-to-noise ratio. By removing pilot signal interference, an operator can increase capacity by an estimated 15%-20% for VoIP applications. Future products supporting Rev. A will introduce full interference cancellation, thus approaching the ultimate theoretical capacity of a multiple-access reverse link.
Platinum Multicast
Platinum Multicast is proposed as the next evolutionary step of EV-DO multicast technologies. Platinum Multicast provides an extremely cost-effective method for wireless operators to deliver a multitude of video and audio channels to a large subscriber population over Rev. A-based cellular networks coupled with a content delivery system such as the MediaFLO media distribution system, with more than three times the capacity of Gold Multicast. This higher capacity translates into more channels of content or higher resolution content with the same number of channels. Higher capacity also results in a proportionately lower cost per bit transferred over the air. Operators who deploy Rev. A networks will have the ability to offer Platinum Multicast with a software upgrade. This smooth migration path enables EV-DO operators to stay at the forefront of offering the highest-performance and lowest-cost cellular services with broad appeal to mass consumers. ( See related Platinum Multicast/FLO Technology announcement from QUALCOMM on Oct. 12, 2004 ).
Rev. A is supported by QUALCOMM's CSM6800 and MSM6800 chipsets. Rev. A features are backwards compatible to earlier CDMA-based systems thereby preserving operators' initial CDMA system investments - providing operators a low risk migration path for existing systems.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM is a registered 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.
QUALCOMM Contacts:
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Announces MSM6260 Chipset to Deliver Cost-Effective HSDPA for Broader Adoption
Mainstream HSDPA Solution to Expand Global Reach of High-Speed Wireless Data
http://i-newswire.com/pr10583.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today announced the Mobile Station Modem™ ( MSM™ ) MSM6260™ chipset and system software solution for WCDMA ( UMTS )/HSDPA and GSM/GPRS/EDGE ( EGPRS ) to increase the reach of cost-effective, higher-speed wireless data solutions. The MSM6260 Multimedia Platform chipset supports peak data rates of 3.6 Mbps to address global demand for high-speed wireless data devices. With the MSM6260 solution, OEMs can develop HSDPA devices at attractive price points that offer global roaming and advanced wireless multimedia. Samples of the MSM6260 chipset are expected to ship in the fourth quarter of calendar year 2005.
“To meet the increased demand for the high data rates supported by HSDPA, we've developed a mainstream solution, the MSM6260 chipset, that allows OEMs to reuse their existing MSM6275-based designs to develop a broad variety of HSDPA devices,” said Dr. Sanjay K. Jha, president of QUALCOMM CDMA Technologies. “QUALCOMM's expanded chipset portfolio addresses the differing market needs of HSDPA, from entry-priced, MSM6260-enabled handsets to high-end devices enabled by the MSM6280 solution.”
The MSM6260 is pin- and software-compatible with QUALCOMM's HSDPA family of chipsets, including the commercially available MSM6275™ solution and the MSM6280™ chipset — providing flexible design reuse options to enable OEMs to get to market faster. As with all chipsets in QUALCOMM's Multimedia Platform, the MSM6260 solution is optimized to deliver in-demand mainstream multimedia services, including:
Streaming video solutions for the latest infotainment services with QUALCOMM's Qtv™, Qcamcorder™ and Qvideophone™ technologies
aacPlus™ and advanced audio for portable music enjoyment along with QUALCOMM's CMX™ ( Compact Media Extensions™ ) technology
High-quality snapshots with up to 2.0 megapixel digital camera support with the Qcamera™ solution
Location-based services with QUALCOMM's gpsOne® solution QUALCOMM's MSM6260 solution supports tri-band WCDMA/HSPDA ( 850/1900/2100 MHz ) and quad-band EGPRS ( 850/900/1800/1900 MHz ) with the RTR6275™/RFR6275™ configuration — a radioOne® solution developed with RF CMOS ( complementary metal oxide semiconductor ), a low-cost, high-volume digital process technology. With RF CMOS process technology, QUALCOMM's MSM6260 solution drives down development and time-to-market costs.
QUALCOMM's mainstream WCDMA solutions also include the MSM6255A™ chipset, a 90nm version of the previously announced MSM6255™ solution. This new chipset includes the same RF configuration as the MSM6260 solution and is pin- and software-compatible with the MSM6255, MSM6260, MSM6275 and MSM6280 chipsets.
The Multimedia Platform supports QUALCOMM's Launchpad™ suite of advanced multimedia, connectivity, position location, user interface and removable storage functionality, including QUALCOMM's gpsOne® solution, the world's most broadly deployed assisted-GPS handset technology.
The Multimedia Platform chipsets also support QUALCOMM's BREW® ecosystem, which enables the development and monetization of advanced applications and content, allowing operators and OEMs to differentiate their products and services and increase revenues. QUALCOMM's chipsets are also compatible with the Java™ runtime environment ( J2ME™ ) which can be built entirely on the chipset as an extension to the BREW solution.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM, radioOne, gpsOne and BREW are registered trademarks of QUALCOMM Incorporated. Mobile Station Modem, MSM, MSM6255A, MSM6255, MSM6260, MSM6275, MSM6280, RTR6275, RFR6275, Qtv, Qcamcorder, Qvideophone, CMX, Compact Media Extensions, Qcamera and Launchpad are trademarks of QUALCOMM Incorporated. aacPlus is a trademark of Coding Technologies. Java and J2ME are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Jennifer Bernas, QUALCOMM CDMA Technologies
Phone: 1-858-845-7571
Email: qct_publicrelations@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Announces Strong Customer Acceptance for its CDMA2000 1xEV-DO MSM6500 and MSM6550 Chipset Solutions
Highly Integrated Multimedia Chipsets Will Support More Than 100 Commercial Devices
http://i-newswire.com/pr10585.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today announced widespread demand for CDMA2000® 1xEV-DO high-speed wireless multimedia, with more than 100 commercial devices currently available or in design based on QUALCOMM's Multimedia Platform Mobile Station Modem™ ( MSM™ ) MSM6500™ and Enhanced Multimedia Platform MSM6550™ chipset solutions. Today, 17 operators around the world — in Asia, Australia, Europe, North America and South America — support more than 12 million 1xEV-DO subscribers with devices based on QUALCOMM's solutions. With devices powered by the Company's 1xEV-DO chipsets, wireless consumers can surf the Internet, download email and share files, photos, video and more on networks with speeds that rival home-based broadband connections.
“QUALCOMM is working closely with leading device manufacturers and operators around the globe to make mobile multimedia available to wireless consumers,” said Dr. Sanjay K. Jha, president of QUALCOMM CDMA Technologies. “Our 1xEV-DO solutions provide our operator partners with a broad selection of multimedia-integrated devices that leverage the power and efficiency of high data-rate 1xEV-DO networks.”
QUALCOMM's MSM6500 Multimedia Platform single-chip solution integrates a 150 MHz ARM9® processor and provides support for a 1.3 megapixel digital camera interface, streaming audio and video at 15 fps QCIF and 400K 3D pixels-per-second refresh rate for smooth 3D images. The MSM6500 chipset also includes support for receive diversity, simultaneous GPS with QUALCOMM's gpsOne® position-location technology and broadcast-multicast services.
The MSM6550 solution, part of QUALCOMM's Enhanced Multimedia Platform, delivers increased processing capacity with an integrated 225 MHz ARM9 processor to provide support for 4.0 megapixel digital camera interface; audio- and video-on-demand at 30 fps QVGA; and hardware-accelerated, 7 million 3D pixels per second refresh rate for an enhanced 3D experience. The MSM6550 chipset also supports video telephony at 15 fps QCIF, QUALCOMM's MediaFLO™ mediacasting solution and simultaneous GPS with gpsOne position-location technology.
QUALCOMM's extensive DO roadmap also includes the MSM6800™ chipset with support for CDMA2000 1xEV-DO Rev. A, which provides additional enhancements to today's 1xEV-DO networks, including:
Quality of Service: Improves the user's multimedia experience by enabling the system to manage various users and applications with different levels of priority.
Platinum Multicast: Enables network operators to provide multimedia services that deliver high-quality video and audio to a large number of users simultaneously.
Optimized for packet data service: Supports peak data rates of 3.1 Mbps on the forward link and up to 1.8 Mbps on the reverse link to provide one of the lowest cost per bit based on data optimization compared with other wireless wide area network technologies.
IP-based services including voice over Internet protocol ( VoIP ) to enable the combination of high quality voice and a wide variety of applications — such as interactive 3D gaming among large groups of players, instant messaging with full multimedia content and video telephony — to leverage economies of scale.
QUALCOMM's chipsets support the Launchpad™ suite of advanced multimedia, connectivity, position location, user interface and removable storage functionality, including QUALCOMM's gpsOne solution, the world's most broadly deployed assisted-GPS handset technology.
The Multimedia and Enhanced Multimedia Platform chipsets also support QUALCOMM's BREW® ecosystem, which enables the development and monetization of advanced applications and content, allowing operators and OEMs to differentiate their products and services and increase revenues. QUALCOMM's chipsets are also compatible with the Java™ runtime environment ( J2ME™ ), which can be built entirely on the chipset as an extension to the BREW solution.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM, gpsOne and BREW are registered trademarks of QUALCOMM Incorporated. Mobile Station Modem, MSM, MSM6500, MSM6550, MSM6800, MediaFLO and Launchpad are trademarks of QUALCOMM Incorporated. CDMA2000 is a registered certification mark of the Telecommunications Industry Association ( TIA USA ). Used under license. Java and J2ME are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. ARM9 is a registered trademark of ARM Limited. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Jennifer Bernas, QUALCOMM CDMA Technologies
Phone : 1-858-845-7571
Email: qct_publicrelations@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Appoints Rich Sulpizio President of MediaFLO
http://i-newswire.com/pr10582.html
QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced the appointment of Richard Sulpizio as president for MediaFLO, including MediaFLO USA, Inc. and MediaFLO Technologies. In this position, Sulpizio will provide strategic direction and manage all of MediaFLO's operations, including overseeing the development and deployment of MediaFLO technology, wholesaling of content-delivery services to U.S. wireless operators, deployment of the nationwide MediaFLO USA network, acquisition and aggregation of multimedia content, and handset availability. Sulpizio will report directly to Dr. Paul E. Jacobs, QUALCOMM CEO-elect and continue in his role as a member of the Company's board of directors.
i-Newswire, 2005-03-17 - “As QUALCOMM's former president and chief operating officer, Rich was instrumental in the daily operations of QUALCOMM. He brings a wealth of knowledge and industry experience to MediaFLO,” said Dr. Jacobs. “With Rich's guidance, MediaFLO's compelling technology will enable a quantum leap in the quality and profitability of multimedia services.”
“I am pleased to be able to provide my operational expertise as QUALCOMM leads this emerging market with a complete mobile wireless multimedia solution,” said Sulpizio. “MediaFLO brings significant advantages, including creating new revenue streams for all the players in the mobile value chain.”
Sulpizio served as president and chief operating officer of QUALCOMM from 1998 to 2001. During his 10 years with the Company, he also served as president of QUALCOMM Wireless Business Solutions and vice president of information systems. He recently served as interim president of QUALCOMM China. He holds a bachelor's degree from California State University, Los Angeles and a master's degree in systems management from the University of Southern California.
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 the S&P 500 Index and is a 2004 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
###
QUALCOMM is a registered trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Kristi Craft, QUALCOMM MediaFLO
Phone: 1-858-658-5220
Email: kcraft@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-1818
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Leads the Wireless Industry with the Advancement of Multimedia Products and Services that Enhance the Mobile Experience
Company to Demonstrate Advanced Multimedia Technologies and Applications at CTIA Wireless 2005
http://i-newswire.com/pr10589.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today announced that the Company will showcase a variety of leading 3G CDMA wireless products and solutions at CTIA Wireless 2005 in New Orleans, March 14-16 in booth number 2631, Hall C at the Morial Convention Center. QUALCOMM continues to lead the advancement of multimedia convergence by offering innovative 3G CDMA-based products and services.
On the show's opening day QUALCOMM will host a press conference at 3 p.m. CST in Room 253 on the 2nd floor above Hall F. Participating QUALCOMM executives will be Dr. Irwin M. Jacobs, chairman; Dr. Paul E. Jacobs, CEO-elect; and Dr. Sanjay K. Jha, president of QUALCOMM CDMA Technologies.
“With high-speed networks, advanced services and applications, and full-feature devices in place, wireless multimedia services stand to gain significant momentum in the United States and around the globe,” said Dr. Paul E. Jacobs, CEO-elect. “At CTIA, we will demonstrate QUALCOMM's products and technologies enabling our partners to provide rich, engaging entertainment and information whenever their customer desires.”
Demonstrations of QUALCOMM's advanced technology solutions and products featured at the Company's booth include:
A host of enhancements to CDMA2000 1xEV-DO technology, including the first live demonstration of 1xEV-DO Platinum Multicast, which allows operators to increase network capacity and reduce the cost of delivering video, audio and other multimedia content to large numbers of users simultaneously over EV-DO Rev. A-based cellular networks. Other demonstrations include 1xEV-DO VoIP, 1xEV-DO Rev. A with pilot interference cancellation ( see separate March 14, 2005 press release ).
Network-scheduled delivery over EV-DO of high-quality short format video content viewed through MediaFLO's intuitive user interface on today's 3G handsets. The MediaFLO system is designed to scale over time with operator requirements, including deployments of dedicated multimedia multicasting networks such as the FLO ( Forward Link Only ) technology-based network being deployed by MediaFLO USA Inc. Demonstration will include content from leading content providers.
The latest multimedia capabilities on mobile phones enabled by QUALCOMM's highly integrated chipset solutions, including high-speed video downloads, video playback and advanced 3D gaming capabilities. Show attendees will be able to see, hear and listen to commercial handsets powered by the Company's Multimedia Platform chipsets and “Slingshot” test handset, based on the MSM6550 Enhanced Multimedia Platform chipset. The Company is also showcasing a broad range of WCDMA handsets and devices.
Multiple publishers and developers demonstrating the latest applications and services developed for QUALCOMM's BREW® solution, including AccuWeather.com, Digital Orchid, eMbience Inc., Enorbus Technologies, ESPN Wireless, FusionOne, Immersion Corporation, IN-FUSIO, Intellisync, ITOCHU/NANO Media, JAMDAT Mobile, Namco America Inc., Novarra, OPERA Software, Orative, Sorrent, Summus, Vindigo, XRinger, TeleCommunication Systems, WaveMarket, WIZ Technologies, Zapptrio Inc. and 9 Squared Inc.
QChat® push-to-talk solution running seamlessly between CDMA2000 and iDEN air interfaces.
The recently announced BREW uiOne, offering an open and flexible combination of products and services to enable customized user interfaces ( UIs ) for mobile phones.
Demonstrations of an interactive BREW Zone web site, BREW Zone retail cards and a BREW Zone Enterprise Portal web site. BREW Zone extends the marketplace for BREW consumer and enterprise applications beyond a user's handset, enabling users to purchase applications in a variety of ways, including from Web sites or using gift cards.
QUALCOMM will also demonstrate a new, standards-based wireless digital rights management ( DRM ) solution for securely managing and distributing media content between mobile and consumer electronics devices. This technology is the result of joint development activity between Philips and QUALCOMM that enables users to manage personal digital media rights from their mobile phones for use on various smart consumer electronic devices in their home environments. The demonstration of QUALCOMM and Philips' joint technology and products will be shown by invitation only from March 14-16 in Room 228, second floor. If you are interested in viewing the DRM demo you can sign-up at the QUALCOMM booth.
QUALCOMM executives will also speak on key wireless industry trends at CTIA Wireless 2005:
Dr. Sanjay K. Jha will participate in the “Mobile Device Trends and Challenges” panel on Tuesday, March 15, from 1-2:30 p.m. in Room 260-262.
Bill Davidson, vice president of investor relations, will participate in the Analyst Roundtable on Tuesday, March 15, from 3:30-5 p.m. in Room 265-266.
For additional information about the Company's activities at CTIA Wireless 2005, please visit www.qualcomm.com/press/.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM, BREW and QChat are registered trademarks of QUALCOMM Incorporated. MediaFLO is a trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
Industry Leaders Select QUALCOMM’s MSM6275 WCDMA (UMTS)/HSDPA Solution
Chipset Enables High-Speed Wireless Devices
http://i-newswire.com/pr10588.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today announced that wireless industry leaders have selected QUALCOMM's Mobile Station Modem™ ( MSM™ ) MSM6275™ chipset solution to develop devices for WCDMA ( UMTS )/HSDPA and GSM/GPRS/EDGE ( EGPRS ) markets worldwide. The MSM6275 chipset maximizes the capabilities of 3G wireless multimedia with higher processing capacity and lower power consumption to help drive demand for next-generation wireless multimedia applications and devices. Curitel, LG Electronics, Novatel Wireless, Option NV, Samsung Electronics Co. Ltd., Siemens Communications and Sierra Wireless, Inc. are among the first wireless manufacturers to select the MSM6275 chipset solution for commercial WCDMA ( UMTS )/HSDPA and EDGE devices. To actively support near-term commercial network roll-outs, QUALCOMM has also successfully completed interoperability testing with global infrastructure providers representing operators worldwide using test devices based on the MSM6275 chipset.
“We are dedicated to providing handset manufacturers with a proven solution that accelerates entry into HSDPA markets,” said Luis Pineda, senior vice president of marketing and product management for QUALCOMM CDMA Technologies. “QUALCOMM's proven WCDMA solutions enable handset manufacturers to develop products that extend the uses of wireless data to address various new business and consumer market segments.”
QUALCOMM's MSM6275 chipset includes the RTR6250™/RFR6250™ and RFR6220™ chips. This complete solution enables global roaming on WCDMA/HSDPA and EGPRS networks and provides increased multimedia processing power at low power consumption to enable high-quality audio/visual capabilities on cost-effective, multiband, multimode handsets with smaller form factors.
The MSM6275 chipset supports QUALCOMM's Launchpad™ suite of advanced multimedia, connectivity, position location, user interface and removable storage functionality, including QUALCOMM's gpsOne® solution, the world's most broadly deployed assisted-GPS handset technology.
The MSM6275 solution also supports the Company's BREW® ecosystem, which enables the development and monetization of advanced applications and content, allowing operators and OEMs to differentiate their products and services and increase revenues. QUALCOMM's chipsets also are compatible with the Java™ runtime environment ( J2ME™ ), which can be built entirely on the chipset as an extension to the BREW solution.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM, gpsOne and BREW are registered trademarks of QUALCOMM Incorporated. Launchpad, Mobile Station Modem, MSM, MSM6275, RTR6250, RFR6250 and RFR6220 are trademarks of QUALCOMM Incorporated. Java and J2ME are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Jennifer Bernas, QUALCOMM CDMA Technologies
Phone : 1-858-845-7571
Email: qct_publicrelations@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Announces More Than 100 Million Wireless Handsets Using gpsOne Technology
Broadening Use of Location-Enabled Applications in Cell Phones
http://i-newswire.com/pr10587.html
i-Newswire, 2005-03-17 - QUALCOMM Incorporated ( Nasdaq: QCOM ), pioneer and world leader of Code Division Multiple Access ( CDMA ) digital wireless technology, today announced that more than 100 million handsets enabled by QUALCOMM's gpsOne® technology are in commercial use, making the gpsOne solution the most widely deployed GPS technology in the world. The gpsOne technology is integrated into QUALCOMM's Multimedia, Enhanced Multimedia and Convergence Platform and onto select Value Platform Mobile Station Modem™ ( MSM™ ) chipsets, delivering a cost-effective solution that offers handset manufacturers access to the largest selection of GPS-enabled wireless devices in the world.
“Our gpsOne technology is a low-cost, high-accuracy A-GPS solution that has enabled operators worldwide to successfully launch gpsOne-enabled handsets in large volumes, ensuring mass-market availability of location-based services,” said Dr. Sanjay K. Jha, president of QUALCOMM CDMA Technologies. “QUALCOMM's gpsOne solution offers one of the most powerful GPS engines available today, and our newest products have broader capabilities and more search capacity than other GPS engines in the industry — making gpsOne technology the clear choice for location based services.”
QUALCOMM's gpsOne technology operates in MS-Assisted ( A-GPS position calculated in the network ), MS-Based ( A-GPS position calculated in the handset ), and Standalone/Autonomous modes on all major air interfaces, enabling both CDMA2000® 1X/1xEV-DO and WCDMA ( UMTS )/HSDPA/GSM/GPRS/EDGE operators to take advantage of QUALCOMM's integrated gpsOne and QPoint™ solutions. Today, 17 global operators, supporting more than 150 distinct models from more than 20 handset manufacturers, offer a broad range of location-based services, including child-safety and personal navigation applications, friend-finder and points of interest services, games and entertainment, and sales force management and asset tracking services. In addition, several major operators in the United States utilize gpsOne-enabled phones to address the Federal Communications Commission E-911 wireless safety obligations.
QUALCOMM's gpsOne A-GPS ( assisted-GPS ) hybrid solution improves upon conventional GPS by combining wireless network information, satellite-based GPS information and location servers to significantly improve positioning availability, sensitivity, accuracy and time-to-fix - providing industry-leading all-terrain accuracy and performance. The gpsOne A-GPS solution also works indoors and in dense urban canyons. The gpsOne solution is part of QUALCOMM's Launchpad™ suite of advanced multimedia, connectivity, position location, user interface and removable storage functionality.
QPoint is QUALCOMM's location services software and set of accompanying tools making up the core backend/infrastructure element needed to enable location services to be deployed. QUALCOMM works with system integrators to offer QPoint to operators. QUALCOMM's QPoint and gpsOne solutions provide the most complete, integrated mass-market location based services solution available today.
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 the S&P 500 Index and is a 2004 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 26, 2004, and most recent Form 10-Q.
###
QUALCOMM and gpsOne are registered trademarks of QUALCOMM Incorporated. Mobile Station Modem, MSM, QPoint and Launchpad are trademarks of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Jennifer Bernas, QUALCOMM CDMA Technologies
Phone: 1-858-845-7571
Email: qct_publicrelations@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
QUALCOMM Commits to the Global Standardization of FLO Technology
http://i-newswire.com/pr10586.html
QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that the air interface specification for FLO™ (Forward Link Only) technology will be made available to an industry-led group, for the purpose of bringing a cooperative specification to standards bodies for ratification. QUALCOMM is working with leading companies to create a multi-party organization committed to this initiative. By supplying the details of FLO technology to a multi-party organization, QUALCOMM is underscoring its commitment to advance the global standardization of FLO.
i-Newswire, 2005-03-17 - “For the development of FLO, QUALCOMM leveraged the most advantageous features of technologies available today and used the latest advances in coding and system design to consistently achieve the highest-quality performance,” said Rich Sulpizio, president of QUALCOMM MediaFLO. “Our goal is for FLO to be a globally adopted standard, and we are taking the necessary steps to make that happen.”
The FLO technology was designed specifically for a mobile multimedia environment and exhibits performance characteristics suited ideally for use on cellular handsets. It uses the latest advances in coding and interleaving to achieve the highest-quality reception at all times, both for real-time content streaming and other data services. FLO technology will ensure robust mobile performance and high capacity without compromising power consumption. The technology also reduces the network cost of delivering multimedia content by dramatically decreasing the number of transmitters needed to be deployed. In addition, FLO technology-based multimedia multicasting will complement wireless operators' cellular network data and voice services, delivering content to the same cellular handsets used on these 3G networks.
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 the S&P 500 Index and is a 2004 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
###
QUALCOMM is a registered trademark of QUALCOMM Incorporated. FLO is a trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
QUALCOMM Contacts:
Kristi Craft, QUALCOMM MediaFLO
Phone: 1-858-658-5220
Email: kcraft@qualcomm.com
or
Emily Gin, Corporate Public Relations
Phone: 1-858-651-4084
Email: publicrelations@qualcomm.com
or
Bill Davidson, Investor Relations
Phone: 1-858-658-1818
Email: ir@qualcomm.com
If you have questions regarding information in these press release contact the company listed below. Please do not contact us as we are unable to assist you with your inquiry. We disclaim any content contained in this press release.
Press Release Date
2005-03-17
Interesting Post from Yahoo QCOM Board:
Courtesy of herf2aces
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4686818&tid=qcom&sid=468....
Amtech reiterates a BUY on QCOM
herf2aces
Cell phone makers to adopt Internet callingBy Ben Charny, CNET News.com
Published on ZDNet News: March 15, 2005, 10:26 AM PT
http://news.zdnet.com/2100-1035_22-5618191.html
Forward in EMAIL Format for PRINT Networking VoIP and IP telephony Cellular phones Mobile/wireless 802.11/Wi-Fi Texas Instruments Inc Nortel Networks Corp Qualcomm Inc Verizon Communications Inc Motorola Inc Ericsson (lm) Tel-sp Adr
NEW ORLEANS, La.--Internet calling is smashing into cellular technology--VoIPular, anyone?
With cost-saving voice over Internet Telephony taking off and replacing wired phones, makers of cellular phones are taking notice. Cell phone heavyweights Qualcomm, Texas Instruments, Nortel Networks and others are incorporating VoIP into the cell phones, chips and wireless network equipment they manufacture or design, executives said here at CTIA Wireless 2005, a major North American wireless trade show.
VoIP is the basis for Internet phone services, popularized by commercial VoIP provider Vonage and free peer-to-peer phone service provider Skype. VoIP calls are digitized and routed over networks using the Internet Protocol (IP), which is the backbone of the Internet. So far, VoIP calls are unregulated, a major factor that can keep VoIP calling plancs at half the cost of traditionally phone services.
Major cell operators--many of which already make extensive internal use of VoIP to cut down on the cost of their own operations--are now making plans to extend VoIP calls from the network core to the handsets. This push coincides with wireless broadband networks the operators are now building, which can transmit the data bits fast enough, and with more accuracy, to make VoIP calling on cell phones a reality.
"VoIP is one of the key drivers right now," said Texas Instruments Advanced Wireless Architectures Manager Bill Krenik.
Qualcomm, Nortel shift over VoIP
There's no better sign of the big influence that VoIP is having on cell phones than a decision by wireless powerhouse Qualcomm to tentatively halt plans for a new generation of its latest cell phone technology, known as EV-DV. Designed to deliver voice calls and high-speed data, EV-DV was considered the next step for operators like Verizon Wireless and Sprint, which currently use another Qualcomm technology call EV-DO, which delivers just broadband to handsets.
But with VoIP, the latest generation of EV-DO, known as EV-DO Revision A, can also support voice calls, making EV-DV irrelevant. In a press conference here, Qualcomm Chief Executive and founder Irwin Jacobs said the chipmaker and CDMA inventor has for now shelved its EV-DV plans.
"We have developed EV-DV chips for infrastructure and for developing phones, but we've backed off--voice over Internet Protocol is the future," Jacobs said.
Major cell phone equipment maker Nortel Networks on Tuesday said VoIP played a role in a new business strategy to begin building equipment using EV-DO Rev. A, which delivers data rate bursts of between 1.8 and 3.1 megabits per second. "It will allow operators to serve more customers on the same spectrum while delivering VoIP and other advanced multimedia services," said Richard Lowe, president of a unit of Nortel.
Verizon Wireless, which plans to trial Nortel's EV-DO Rev. A gear in 2006, indicates it'll also be jumping on board the VoIP-via-cellular bandwagon. "EV-DO Rev. A fits in with our mantra of providing our business and individual customers with superior voice and data networks in the U.S.," said Ed Salas, Verizon Wireless' vice president of network planning.
The Wi-Fi Factor
Another force pushing VoIP onto cell phones is Wi-Fi, the short-range wireless broadband networks that use free airwaves and are found in millions of homes, offices, retail outlets, transportation hubs and public areas. At first, handset makers added Wi-Fi radios to cell phones so the phones could download large blocks of data, like a Power Point presentation.
But as VoIP home subscribers in the United States grow at a rate of 32 percent per year, Wi-Fi cell phones are no longer viewed by manufacturers as just high-priced tools for business executives. They now see Wi-Fi phones, in tandem with VoIP software, as a way to more reliably deliver phone calls directly into homes or offices, thus taking business from the major local phone companies, known collectively as the Bells.
But Wi-Fi handsets are a conundrum. The phones will, in essence, allow people to make free phone calls over the Wi-Fi networks, rather than over the cell operators' own airwaves. But Texas Instruments and other major manufacturers say Wi-Fi phones are actually a benefit for operators because they free up more of the pricy airwaves that cell phone calls typically travel over.
"That's great for cell phone operators because it preserves some their spectrum for other uses," said TI's Krenik.
A Wi-Fi phone is still a pricy bauble, and they're few and far between. But chipmakers are unleashing new cell phone reference designs and chips here at CTIA Wireless 2005 that will, executives say, dramatically reduce the price of future Wi-Fi phones. With low costs--below $150--the market for such handsets will increase from about 1 million in circulation this year to 154 million by 2008, say various analysts.
Texas Instruments is also trying to drive down Wi-Fi phone costs with a new single chip, known as WiLink 4.0, that was introduced here at the CTIA show, Krenik said.
Phillips Semiconductors, handset makers Motorola and Ericsson, and 11 other wireless firms have joined forced to make Wi-Fi phone more affordable, mostly by developing a standard known as Unlicensed Mobile Access. Among its features, the UMA specification lets phones automatically switch between cell and Wi-Fi networks, considered key to the phone's adoption by consumers.
"Every major operator is interested in this," said Philips Semiconductors Vice President Ton van Kampen.
Qualcomm Funds WaveMarket
By Susan Rush
March 15, 2005
news@2 direct
http://www.wirelessweek.com/index.asp?layout=document&doc_id=1340003948&verticalID=34&ve...
Location-based and mobile blogging services provider WaveMarket has snagged funding from Qualcomm.
Qualcomm said it put its money behind WaveMarket because it believes the company's technology will help fuel the location-based services market. "WaveMarket's platform is well suited to help application developers maximize the value-added capabilities of the position location infrastructure installed by 3G CDMA operators," said Prashant Kantak, Qualcomm Ventures senior director of business development.
Nortel Revs Up CDMA
03.15.05
http://www.unstrung.com/document.asp?doc_id=70245
NEW ORLEANS -- CTIA Wireless 2005 -- Nortel Networks Ltd. (NYSE/Toronto: NT - message board) has today become the latest major infrastructure player to get behind a revision of the CDMA standard that promises wireless data transfer speeds up to a third faster than today's best performing cellular networks.
The infrastructure vendor says that it is planning initial CDMA Revision A trials in the U.S. with its 3G customer Verizon Wireless sometime in 2006 (see Nortel Touts EV-DO Rev A).
CDMA2000 1xEV-DO (Evolution-Data Only) is a radio network upgrade to existing CDMA EV-DO systems that are based on the earlier Release O standard (see 1xEV-DO Revision OK'd).
Current EV-DO networks can offer maximum data transfer speeds of around 2 Mbit/s and average data rates of 300 kbit/s to 500 kbit/s. Rev A is intended to crank this rate up to a theoretical 3.1 Mbit/s, although its hard to say yet what kind of speeds and feeds it will offer outside the lab.
Nonetheless, there’s big momentum behind Rev A at present, and it is expected to delay or maybe even kill off EV-DV (Evolution-Data Voice), which had been seen as the successor standard to EV-DO. Indeed, Qualcomm Inc. (Nasdaq: QCOM - message board) and Texas Instruments Inc. (NYSE: TXN - message board) have recently announced their intention to focus chipset efforts on Rev A rather than EV-DV (see Q'comm Demos EV-DO Rev A).
Carrier-wise, to date, KDDI Corp. has been one of the first to announce an intention to upgrade to Rev A, opting for kit from Hitachi Ltd. (NYSE: HIT - message board; Paris: PHA) and Samsung Corp. (see Hitachi Beats Samsung at KDDI). Another vendor to have showcased its offering is ZTE Corp. (Shenzhen: 000063 - message board; Hong Kong: 0763). (See ZTE Updates EV-DO Kit.)
— Dan Jones, EV-DU (Evolution-Damned Unlikely), and Justin Springham, Senior Editor, Europe, Unstrung
--------------------------------------------------------------------------------
Fabless Revenue Hits $33B
Online staff -- Electronic News, 3/15/2005
http://www.reed-electronics.com/electronicnews/article/CA510873.html
The Fabless Semiconductor Association (FSA) today reported 2004 fabless revenue totaled $33 billion, 27 percent higher than 2003.
On a geographic basis, U.S. fabless companies represented 75 percent of Q4 2004 revenue, followed by Taiwan at 20 percent, Europe with 3 percent and Japan at 2 percent.
The top five fabless companies, ranked by calendar year 2004 revenue were led by Qualcomm, followed by Broadcom, ATI Technologies, Nvidia Corp. and SanDisk Corp.
While the fabless sector continues to experience year over year revenue growth, funding decreased in Q4, but the private industry still raised $1.8 billion in 2004, the largest amount since 2001 when it raised $2.5 billion.
Funding for fabless companies started strong, but both the number of funding deals and the investment amounts declined quarter-over-quarter for every quarter last year, with the exception of Q2.
Q1 2004 generated $560.1 million, compared to $543.7 million in Q2, $434.2 million in Q3 and $263.5 million in Q4.
“Venture capitalists have continued to gradually increase investment in fabless companies for the third year in a row,” said Philip Gianos, general partner with InterWest Partners and member of the FSA VC advisory board, in a statement.
“The trend is towards earlier stage investments and lower capital commitments because venture investors prefer capital efficient companies and are continuing the move towards outsourcing and offshore development to lower capital requirements,” he continued. “Low values realized from recent acquisitions are a prime reason for this movement."
LG Electronics is set to substantiate its penetration into North America's 3G WCDMA mobile phone market
http://www.physorg.com/news3390.html
March 15, 2005
LG Electronics has recently made another successful test-run of its 3.5-generation HSPDP (high speed downlink packet access)-enabled mobile phone in North America following its previous test in Europe, and is now pushing to penetrate the global 3.5G mobile handset market.
LG Electronics announced that it has made a successful demonstration of 3.5G high-speed data transmission at CTIA Wireless 2005, taking place in New Orleans, from March 14-16, using Lucent Technology’s 14Mbps download-supportive WCDMA system, as well as its own-developed commercialized HSDPA-enabled mobile phone.
LG Electronics successfully demonstrated HSDPA mobile handset’s downloading of DVD video and large-capacity multimedia-feature music in a Web server-based 1.4Mbps transmission environment, as well as other innovative services available in a 3G mobile infrastructure.
The model is the same type as the HSDPA whose test run was made successful at Nortel lab on March 6, the first of its kind in the world. Equipped with Qualcomm’s MSM 6275 chip, it is the industry’s first multi-mode mobile phone that can support not only the existing 3G WCDMA platform, but also 2G GSM, 2.5G GPRS, and 2.75G EDGE. The company’s successful test runs of the model in Europe and the U.S., both promising WCDMA markets, is profoundly meaningful.
The commercialized HSDPA service, which is a pre-4G multimedia technology that will lead the 3G mobile services, will be introduced starting 2006 to Korea, Europe, the U.S. and other WCDMA service-provided countries, after its networks are structured and its technology is upgraded starting in the second half of this year.
The HSDPA service, which can provide a data transmission environment with a maximum speed of 14 megabits per second, i.e., seven times faster than EVDO service, and five times faster than existing WCDMA service, enables a smoother video telephony and downloading of large-capacity multimedia data even on the road. The HSPDA service thus enables high-speed wireless Internet connection via mobile phones, PDAs and notebook PCs while on a bus, subway, and high-speed bullet trains.
In particular, the HSPDA will likely be launched by operators centering on U.S.’s largest mobile operator Cingular in North America’s WCDMA market in the second half of this year, and the American market is paying keen attention to the expected introduction of HSDPA service, a technology upgraded a notch form the existing WCDMA service.
Since LG Electronics was selected as the strategic handset provider in December 2004 by Cingular, and is fast leading the HSDPA-enabled handset market, it is thus set to widen its presence in North America’s 3G and 3.5G mobile handset market.
LG Electronics is positively responding to domestic 3G service operators using its own-developed HSDPA system, while to positively penetrate overseas markets in tandem with global 3G equipment makers like Lucent and Nortel, it is conducting tests to link with HSDPA networks, leading the HSDPA-enabled mobile handset technology.
Juno Cho, Executive Vice President for North America Business Division at LG Electronics, said, “The first successful test run of our HSDPA mobile handset at CTIA has made our leading 3G technological prowess recognized in this market, and offered a better position for LG Electronics to preoccupy the North American market of WCDMA service which will go into full swing this year. We seized the top spot in North America’s CDMA handset market for a second straight year last year, and buoyed by such performance, we expect to do very well in North America’s WCDMA market this year.”
The QUALCOMM Equation
Newly Released Book, ``The QUALCOMM Equation,'' Reveals Powerful Strategy Behind QUALCOMM, Inc., the Little Known
[Press Release] Business Wire via Yahoo! Finance - 40 minutes ago
QUALCOMM: The Greatest Business Success Story Finally Told
http://biz.yahoo.com/bw/050315/155583_1.html
Lehman Bros., Qualcomm, TiVo, and more
By Michael Baron
Last Updated: 3/15/2005 8:26:01 AM
Excerpt from the link:
http://www.investors.com/breakingnews.asp?journalid=26461115&brk=1
Qualcomm's (QCOM) management agrees with Deutsche Bank's view of an improving global CDMA market in India, Korea and China, although the timing of the recovery remains a second-quarter or third-quarter event, the broker told clients. Deutsche Bank said it has been hearing from its industry contacts that Qualcomm has accelerated its CDMA/WCDMA development programs. Regarding third-generation networks, the broker said Qualcomm remains well positioned with U.K. mobile phone operator Vodafone (VODVOD) and several of its suppliers.
Qualcomm chip targets 'cost effective' HSDPA handsets
By John Walko
EE Times
Mar 14, 2005
http://www.commsdesign.com/news/market_news/showArticle.jhtml?articleID=159402944
NEW ORLEANS, LA — Qualcomm will start sampling by the end of this year a 'cost effective' version of the chipset and software it already has in the pipeline for high speed downlink packet access (HSDPA) capable handsets and data cards.
The company also revealed Monday (March 14) at the CTIA Wireless expo that it is planning to make available its air interface specification for FLO (Forward Link Only) technology to an industry group, the aim being to get the specification standardized and ratified as quickly as possible for mobile multimedia.
Qualcomm said its FLO technology, based on innovative coding and interleaving techniques, would reduce the operators' costs of delivering multimedia content by dramatically decreasing the number of transmitters that need to be deployed. FLO-technology based multimedia multicasting would complement wireless operators' cellular network voice and data services according to Irwin Jacobs.
Jacobs, who is about to hand over the running of the company to his son Paul while remaining as chairman also stressed that that there are no plans to make any strategic changes in the direction of the company.
The 'cost effective' mobile station modem, dubbed the 6260, for tri-band W-CDMA/HSDPA and quad-band EGPRS handsets, will support peak data rates of 3.6Mbit/s, when combined with Qualcomm's RF CMOS radio. "That will allow OEMs to develop HSDPA devices at attractive price points," said Paul Jacobs, the company's CEO elect.
The 6280 version, previously announced, is aimed at handsets and data cards capable of up to 7.2Mbit/s.
The first device in the range, the 6275, was being demonstrated in several handsets by Qualcomm and its handset partners at the show. "I anticipate the first commercial handsets using this HSDPA solution will start appearing by September or October this year", said Sanjay Jha, president of Qualcomm CDMA technologies. Sierra Wireless is already using the 6275 in a data card, and handset makers such as LG, Samsung and Siemens are designing in the part.
Paul Jacobs said Qualcomm expects 'further major improvements' in CDMA EV-DO capabilities, for both capacity and time to market, as well as reducing latency to about 30ms.
At the show, the company was demonstrating live transmission of VoIP services over the latest version, EV-DO Rev.A. This improves peak data rates on the forward link to 3.1Mbit/s, while reverse link peak speeds can reach 1.8Mbit/s within the same 1.25 MHz carrier.
Nextel, QUALCOMM, Kyocera Wireless, Lucent Technologies and Samsung Make First Ever iDEN to CDMA - QChat Interoperable Push-to-Talk Call
Monday March 14, 10:35 am ET
http://biz.yahoo.com/bw/050314/145807_1.html
NEW ORLEANS--(BUSINESS WIRE)--March 14, 2005--Nextel Communications Inc. (NASDAQ:NXTL - News):
Groundbreaking Demonstration Links Nextel's Direct Connect Network
with CDMA Network during CTIA Wireless 2005
WHAT: Nextel Communications Inc. (NASDAQ:NXTL - News), QUALCOMM
Incorporated (NASDAQ:QCOM - News), Kyocera Wireless Corp., Lucent
Technologies (NYSE:LU - News) and Samsung will showcase the first
ever push-to-talk interoperability demonstration between
iDEN(R) and CDMA networks, using QChat(R) push-to-talk
solution.
WHEN: Monday, March 14 - Wednesday, March 16, 2005, at CTIA
Wireless 2005 in New Orleans; 10 a.m. - 5 p.m. daily
WHERE: Full Demonstration:
-- Room 297
Above Hall J
Ernest M. Morial Convention Center
New Orleans, La.
Partial Demonstration:
-- QUALCOMM Booth 2361, Hall C
-- Samsung Booth 1045, Hall B1
WHO: Nextel Communications
QUALCOMM
Lucent Technologies
Kyocera Wireless
Samsung
CONTACTS: Nextel Communications: Russell Wilkerson (703) 932-5950
QUALCOMM: Michele Bakic (858) 449-0957
Kyocera Wireless: Mary Palmer (858) 882-2479
Lucent Technologies: Ichiro Kawasaki (973) 477-4793
Samsung: Teresa Fereday (972) 628-7524
--------------------------------------------------------------------------------
Contact:
Nextel Communications Inc.
Russell Wilkerson, 703-932-5950
--------------------------------------------------------------------------------
Source: Nextel Communications Inc.
Good Read from SI Moderated Board
Courtesy of Andrew N. Cothran
DUMB LUCK INVESTOR: Qualcomm's Next Bounce, Peter D. Henig
Monday March 7, 11:30 am ET
http://www.siliconinvestor.com/readmsg.aspx?msgid=21129766
· Qualcomm upgraded by UBS
http://finance.yahoo.com/q/ud?s=QCOM
10-Mar-05 UBS Upgrades QCOM from Neutral to Buy.
New Jacobs -- Same Qualcomm?
http://yahoo.businessweek.com/technology/content/mar2005/tc2005039_3320_tc024.htm
Some industry watchers fear newly named CEO Paul -- son of founder Irwin -- might deviate too far from the successful trail his father blazed
For Qualcomm (QCOM ), it's the end of an era. In 1985, exactly 20 years ago, inventor Irwin Jacobs founded this wireless powerhouse at home in his den. Today, some of the world's most advanced cell phones and wireless networks use Qualcomm's technology and chips. Its sales in fiscal 2004, ended in September, reached $4.9 billion, up 27% from 2003. Some industry folks have even dubbed the company the "wireless Intel."
On Mar. 8, founding father Jacobs, 71, announced that he would relinquish his CEO role on July 1, while staying on as chairman. But the position is staying in the family. Jacobs' son, Paul, 42, who previously managed Qualcomm's cell-phone-chip business, will inherit the title.
WHERE NEXT? It's a generational change that has inspired some nervousness among Wall Street observers who admire Qualcomm's single-mindedness.
Another change on July 1: the departure of President Tony Thornley, 58, who has served as loyal helper to the elder Jacobs. Steve Altman, 43, a 15-year Qualcomm veteran who has overseen the technology licensing unit, will take Thornley's place. The elder Jacobs and Thornley both say they have planned their departures for months.
As a new generation of executives comes to power, investors and analysts alike hope the new top brass will refrain from drastically altering the face of Qualcomm. Some worry that Paul Jacobs and Altman might take it into new, riskier directions just as its core businesses are gaining steam.
FLAT BREW. Altman sounds reassuring, however: "I don't think you're going to see a lot of major changes at all. You'll see the company drive in the exact same direction."
Yet, since he joined Qualcomm full time in 1990, Paul Jacobs has had a track record of spearheading many initiatives that have been decidedly out there. He has been hyping Brew, a software platform for providing services to mobile phones. But after years of hard work, Brew still accounts for less than 10% of revenues, according to analyst estimates, and isn't considered a success.
Most recently, Jacobs has spearheaded Qualcomm's work on MediaFLO, a special network that aims to be streaming video clips to cell phones in a few years. The business, which has little to do with Qualcomm's core expertise in wireless network technology and chips, might eventually get spun off from Qualcomm, Jacobs said several months ago. But while mobile TV is much hyped, its business value is yet unproven.
GENES OR SMARTS? Ditto for the value of cell-phone displays, which Qualcomm apparently wants to license or make. Last fall, Paul Jacobs led the $170 million acquisition of Iridigm Display, which has developed a new technology for handheld devices that uses existing light to create color. Promising as this technology sounds, Qualcomm has never been in the display business. And it might spend a lot of money trying to gain traction there, as it makes the technology available in 2006.
Indeed, shareholders might get higher returns if Paul Jacobs simply concentrates on the businesses his dad created, rather than try to make Qualcomm a more diversified company, say some analysts. "I'd be disappointed if they were one," says Peter Hofstra, an analyst with AIC funds, which bought the stock three weeks ago. Still, some worry that Paul Jacobs might try to prove he can add new business lines in an effort to quiet anyone who might think he owes his promotion more to nepotism than to ability.
Fortunately, any such missteps would likely be offset by the incredible boom in Qualcomm's core businesses: chips for cell phones and royalties for the wireless network technology called code division multiple access (CDMA) that Qualcomm invented. Irwin Jacobs is leaving right on the brink of an explosion in its market. In fact, Qualcomm recently upped second-quarter earnings guidance and expanded its stock repurchase program.
RIDING THE WAVE. Qualcomm is going gangbusters in emerging markets such as China, India, Mexico, and Brazil, where many users are gaining access to cellular service for the first time. Moreover, Qualcomm's sales could jump in the second half, thanks to increasing deployment of its technology in Europe and North America, says Michael Mahoney, portfolio manager with EGM Capital hedge funds in San Francisco.
Telco Vodafone (VOD ) is accelerating the build-out of its next-generation wireless network, using Qualcomm's CDMA technology, allowing for faster data speeds and more voice traffic. Sprint (FON ) and Verizon Wireless are aggressively rolling out the technology as well.
As a result, while only about 25% of the world's cell phones were using CDMA last year, 45% of them will by 2008, estimates Ken Leon, an analyst with rating agency Standard & Poor's in New York City. That means Qualcomm's royalty revenues, as well as chip sales (and the company holds 97% market share in CDMA chips today), will skyrocket in the next five years.
HONOR THY FATHER. Even if Qualcomm's market share falls a bit in the next few years as rivals including Texas Instruments (TXN ), Nokia (NOK ), and Freescale (FSL ) nip at its heels, that share would likely stay above 90%, says Leon. After all, the world's fastest-growing handset vendors, like LG Philips (LPL ) and Samsung, are Qualcomm's top customers.
Basically, Paul Jacobs is set to preside over a period of incredible growth. That, and about $8 billion in cash and equivalents, will allow him to try new adventures without upsetting the apple cart.
Yet, Paul Jacobs might make more shareholders happy -- at least for now -- if he concentrates on the businesses his father created, rather than try to create his own legacy.
Kharif is a reporter for BusinessWeek Online in Portland, Ore.
Edited by Phil Mintz
Samsung Electronics, LG Electronics Unveil Next-generation HSDPA Phones
Monday, March 07, 2005
By Park Seung-jung
Two leading mobile phone makers in Korea, Samsung Electronics and LG Electronics, have developed HSDPA (high speed downlink access) mobile phones that can transmit data at a speed 7-times faster than 3G mobile handsets now in use.
Both companies said on March 6 that they had successfully developed HSDPA phones that could provide up to 14Mbps mobile environments, a speed 7-folds faster than EV-DO handsets and 6-folds faster than WCDMA systems, respectively.
A number of leading 3G WCDMA wireless communication carriers, including SK Telecom and KTF of Korea, plan to launch early next year HSDPA service, the next-generation high speed multimedia transmission technology.
Having developed an HSDPA handset adopting 1.8Mbps 'MSM6275' chipset of Qualcomm, Samsung Electronics recently conducted test service with SK Telecom using its new handset. The company also developed 'SBM5100', a core modem chip for HSDPA phones, by itself. Samsung Electronics intends to roll out another new HSDPA phone installed with Qualcomm's 7.2Mbps 'MSM6280' chipset in the third quarter of this year.
LG Electronics, which has developed an HSDPA phone installed with 'MSM6275' chipset, successfully carried out test service of the new handset at a maximum downlink speed of 14Mbps at Nortel Research Institute in Paris. LG Electronics developed considerable part of key technologies needed for HSDPA handsets such as channel card by itself.
The two mobile phone makers will unveil their new HSDPA phones at 'CeBIT 2005', a prominent international information technology exposition, scheduled to be held from March 11 through 16 in Hanover, Germany.
Samsung Electronics and LG Electronics plan to roll out their commercial HSDPA handsets toward the end of this year. Meanwhile, Qualcomm and Siemens demonstrated 1.8Mbps HSDPA service at the '3GSM World Congress 2005' held in Cannes, France last month using 'MSM6275' chipset-based Nortel systems.
"HSDPA technology enables to make seamless calls while moving in high speed via cars, subways or express trains, and download large capacity multimedia using mobile phones, PDAs and notebook PCs. Other mobile phone makers are also expected to commercialize high speed HSDPA phones soon," said an industry expert.
http://english.etnews.co.kr/news/detail_top.html?id=200503070002&art_grad=9
Dialing Into Wireless Stocks
http://www.businessweek.com/bwdaily/dnflash/mar2005/nf2005037_6375_db006.htm?campaign_id=rss_daily
As wireless builds momentum against wireline, S&P's Kenneth Leon points to the best companies in service and equipment
Dominance in telecom is steadily shifting away from traditional wireline companies to wireless -- a trend that's affecting the market for telecom equipment as well, says Standard & Poor's analyst Kenneth Leon, who covers the wireless-services and -equipment companies. Growth in wireline is definitely slowing, he says, and many customers are using their wireless phones for long-distance calls while retaining a wireline connection for local service. Between 10% and 15% of the total market is now using wireless exclusively, Leon says.
The leaders in wireless service, he adds, include Verizon Communications (VZ ), Sprint (FON ), and Cingular, a joint venture of BellSouth (BLS ) and SBC Communications (SBC ), and for international markets Vodafone (VOD ). On the equipment side Leon's top recommendation is Qualcomm (QCOM ), the leader in CDMA technology.
These were some of the points Leon made in an investing chat presented Mar. 1 by BusinessWeek Online and Standard & Poor's on America Online, in response to questions from the audience and from BW Online's Jack Dierdorff. Edited excerpts follow. AOL subscribers can find a complete transcript at keyword: BW Talk.
Note: Kenneth Leon is an S&P Equity Research analyst. He has no ownership interest in or affiliation with any of the companies under discussion in this chat. All of the views expressed in this chat accurately reflect the analysts' personal views regarding any and all of the subject securities or issuers. No part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this chat. For required disclosure information and price charts for all S&P STARS-ranked companies, go to spsecurities.com and click on "Investment Research" and then on "Required Disclosures & Standard & Poor's STARS vs. Closing Prices Charts."
Q: Ken, what's the state of the telecom stocks generally in this volatile market?
A: I cover both wireless-services and wireless-equipment stocks, and we currently have a neutral viewpoint on telecom wireless services, expecting increased competition over the next 12 months. Consolidation both in the U.S. and overseas may also have a negative impact on capital spending for wireless equipment.
Q: What wireless-service companies look strongest now?
A: There are five nationwide carriers in the U.S. market that control over 90% of total subscribers. We see Verizon Communications (VZ ); Cingular, owned by BellSouth (BLS ) and SBC, and Sprint (FON ), with its proposed merger with Nextel Communications (NXTL ), as best positioned in the U.S. market. We also like Vodafone (VOD ) for playing the international market.
Q: Who looks best in wireless equipment these days?
A: Our top recommendation is Qualcomm (QCOM ), which is the market leader for CDMA technology. This is the only company that enjoys pricing power in the industry. The company is well positioned with its intellectual property on CDMA, for which it gets paid royalties on chipsets and handsets that are shipped around the world. Because of the company's unique position, we see Qualcomm as similar to the position that Microsoft (MSFT ) enjoyed in the 1990s.
We expect revenue growth greater than 20% with net margins near 35% in 2005. We also see strong free cash flow and cash at the end of the year approaching $9 billion with no debt. We see Qualcomm as a core position in a technology portfolio. With the recent weakness in equipment stocks, including Qualcomm, we would buy Qualcomm shares.
Q: So does S&P rate QCOM a strong buy or a buy?
A: We have it rated as a strong buy. It is also in S&P's Equity Research Top 10 Portfolio recommendations.
Q: What other strong buys or buys do you have in your coverage area, Ken? Beyond QCOM.
A: In the last few months we have pared down several names. QCOM is the only strong buy we have in our universe for equipment. We also have a strong buy on Cisco (CSCO ), which is covered by Ari Bensinger. In wireless services, we don't have any strong buys, but we do have buy recommendations on Sprint, Nextel Communications, and Nextel Partners (NXTP ).
Q: Do you see any impact on your area from voice-over-Internet protocol (VoIP)?
A: Again, from a wireless perspective, we're beginning to see wireless take on IP-based services -- for example, the network upgrades to third-generation platforms will allow wireless subscribers to be able to navigate the Web and send and receive e-mails and files. The services and features that you can get on a broadband wireline network are expected to be available on wireless networks in the next two years.
Q: How are valuations now among the stocks you cover?
A: Most of the wireless equipment group have corrected 15% this year, and we are seeing more reasonable valuations relative to their growth rate, but most of the stocks are still trading at a premium to the market. In the case of wireless services, we are seeing valuations either below or at the market level
Q: So is this a good time to get into wireless services?
A: We think one should be selective in the group and play a mix of domestic and international stocks. In the U.S., because there has been so much consolidation with mergers and acquisitions, we think the names we mentioned before are attractive. And outside the U.S., we think Vodafone has attractive valuation and a strong competitive position.
Q: Do you see wireless becoming the dominant player, vs. wireline?
A: It's already happening, and I was one of the first ones to cover wireless back in the '80s. As evidence of that statement, we're seeing acquisitions in wireless being sold at premiums, while we're seeing long-distance acquisitions coming at discounts.
For most of the major telecom providers, not only in the U.S. but around the world, a key strategy from management is to grow wireless as a percentage of their total revenues. This seems to be the most relevant benchmark that investors are tracking for the growth outlook and value of these companies.
Q: What about the wireless phones themselves? Who's the leader? And will we be seeing more and more bells and whistles?
A: First of all, wireless handsets grew 33% in 2004 over 2003, and we're projecting handsets in terms of unit shipments to grow 10% in 2005. What's driving growth is new market penetration in emerging countries such as China, Southeast Asia, India, Latin America, and Eastern Europe, as well as a high replacement cycle for handsets in developed markets like Japan, Korea, Western Europe, and North America.
In terms of bells and whistles, what has become a standard in 2005 is color-display handsets, which shipped more than two-thirds with camera features. The next area of bells and whistles is going to be handsets that have Internet/Web capability for surfing the Web and for video streaming.
Q: Who are the leading manufacturers of these handsets?
A: The major handset manufacturers are Nokia (NOK ), Motorola (MOT ), Samsung (SSNKF ), Siemens (SI ), LG (LPL ), and the joint venture of Sony (SNE ) with Ericsson (ERICY ).
Q: How does S&P rank these stocks?
A: We have a buy on Nokia, a hold on Motorola, a hold on Ericsson.
Q: What about the suppliers of chips for the handsets? Who's ahead there?
A: For the CDMA market, Qualcomm is the market leader with more than a 95% share. For the GSM market and these technologies the leading suppliers are Texas Instruments (TXM ), STMicroelectronics (STM ), and Freescale Semiconductor (FSL ).
Q: How about Tellabs (TLAB )?
A: I cover Tellabs. We currently have a hold recommendation. While the stock has corrected somewhat, we think that its customers for broadband products are going to be slow in spending in 2005.
Q: Do you have any stocks in your area that you recommend selling?
A: We currently have sell recommendations on America Movil (AMX ), the largest wireless provider in Latin America, and on KT (KTC ), the largest wireline provider in Korea -- and it has a wireless business as well. And we have a sell on Triton PCS Holdings (TPC ). We also have a strong sell on China Unicom (CHU ).
Q: What's wrong with those companies?
A: In the case of America Movil, we see a potential slowdown in the Mexican economy, which may hurt subscriber and revenue growth for the company. We also see higher marketing costs to acquire new subscribers, which may narrow margins. We also see a less favorable foreign exchange position to the U.S. dollar than what they've enjoyed over the last 18 months.
In the case of KTC, they're faced with declining wireline revenues while trying to grow wireless revenues, but recent performance has been weak in comparison with SK Telecom (SKM ), the market leader, or the No. 3 provider, Freetel.
For Triton PCS, since they've lost affiliation with Cingular Wireless, we see a more difficult outlook as an independent service provider. Triton competes mostly in select markets in the southeast part of the U.S. For China Unicom, which is a strong sell, we see continuous high network costs in running two separate networks by technology, and we see weak net subscriber additions in recent quarters.
Q: What do you think will happen at wireline companies? Will they ever stop losing business to wireless?
A: We think they will continue to lose business, not only to wireless carriers but also cable operators.
Q: Will we eventually -- perhaps soon -- be able to carry one small device for all uses?
A: It's an aspiration for everyone, but it will take time. What has been recognized by many is that wireless devices are one of the largest and fastest-growing consumer-electronic products. The ability to communicate, be entertained, keep calendars, and send text messages will probably happen in a single device, including music capability -- many of the handsets today have MP3 features in them.
Q: Of course, meantime, more and more customers are using wireless exclusively -- any numbers on that? Has growth in wireline stopped or slowed?
A: It's somewhere between 10% and 15% of the total market. For the youth segment -- college students and twentysomethings -- it's significantly higher. The notion of wireless as a substitution for wireline is happening very significantly. Many households are using wireless for long-distance calls and still using local wireline. Growth in wireline is declining.
Another way to look at this is to say that the traditional telephone line access business is declining but the companies are seeing double-digit growth in broadband or DSL services for small businesses
T-Mobile trials HSDPA in Germany
Telecoms.com News
04 March 2005
Rufus Jay, rufus.jay@informa.com
T-Mobile confirmed today that the German unit of the mobile operator had recently conducted a live trial of HSDPA in Berlin. In the pilot trial users called up traffic information from the Internet and watched streaming videos from a moving vehicle equipped with a laptop and HSDPA data card. The trail, which was conducted using HSDPA-enabled infrastructure provided by German vendor Siemens and chipsets for the data cards provided by Qualcomm, achieved bandwidth of in excess of 1Mps during the mobile data transfer between the car and transmitter.
T-Mobile Germany's technical director, Joachim Horn, said the trial showed "that HSDPA is past the laboratory stage of the pipeline," and that HSDPA would be launched "on our network from as soon as early next year."
http://www.telecoms.com/marlin/30000000461/ARTICLEVIEW/mp_articleid/20017298677/mp_pubcode/MTEL?welc....
Reuters Summit - Cell phones becoming multimedia devices
Fri March 4, 2005 5:38 AM GMT+05:30
By Ben Berkowitz
http://www.reuters.co.in/locales/c_newsArticle.jsp;:42285665:8c35a5ed39da42b3?type=technologyNews&am....
Reuters Summit-Qualcomm Chip Supply Shortage Resolved
Wed Mar 2, 2005 03:02 AM ET
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7780665