Qualcomm Inc (QCOM): Qualcomm, SMIC Form Strategic Agreement...

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Friday, 08/04/2006 9:06:25 AM

Friday, August 04, 2006 9:06:25 AM

Qualcomm, SMIC Form Strategic Agreement for Turnkey Semiconductor Fabrication, Test Services

http://neasia.nikkeibp.com/dailynewsdetail/004851

August 4, 2006 -- Qualcomm Inc has announced a strategic agreement with Semiconductor Manufacturing International Corp (SMIC) under which SMIC will provide IC manufacturing services to Qualcomm using a specialized BiCMOS process technology at its Tianjin, China facility.

This agreement will combine SMIC's wafer fabrication capabilities and subcontractor infrastructure with Qualcomm's position in 3G wireless technologies, with a focus on power management ICs.

According to Sanjay K. Jha, president of Qualcomm CDMA Technologies, the agreement with SMIC will allow Qualcomm to leverage the foundry's operation and management expertise in mixed signal technology manufacturing and supply chain management to serve our customers in China and around the world.

(NE Asia Online)