Qualcomm adds power management chips to cover all market segments
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Qualcomm (Nasdaq: QCOM) today announced that it will add three new power management chips to meet the needs of all market segments in the mobile phone industry. Using the Mobile Station Modem (MSM) chipset, Qualcomm's power management chips can provide optimized system solutions for mobile phones in the economy, mainstream and high-end markets. "Qualcomm is redefining the concept of 'system solutions' by delivering comprehensive, high-quality power management silicon that works with widely deployed MSM chipsets," said Dr. Sanjay Jha, president of Qualcomm CDMA Technologies. "Now, mobile handsets in every market can benefit from the increased power efficiency and better performance enabled by our solutions." The PM6620, PM6630 and PM6640 power management solutions are optimized for use with Qualcomm's MSM chipsets. The PM6620 is offered for price-sensitive markets, strengthening the company's value platform baseband solution offering that supports entry-level third-generation (3G) wireless handsets. The PM6630 and PM6640, packaged in a 5mm x 5mm footprint, create new possibilities for power management in multimedia platforms, providing optimized solutions for multimedia handsets. All three power management chips offer performance enhancements, reduced time to market, and reduced power consumption requirements for mobile phones when combined with the MSM chipsets to provide a variety of system solutions. Qualcomm Incorporated (www.qualcomm.com) develops and provides the world's leading innovative digital wireless communication products and services based on its CDMA and other advanced digital technologies. Headquartered in San Diego, California, the company's stock is a component of the Standard & Poor's 500 Index and one of the "Fortune 500" selected by Fortune magazine in 2005. It is traded on the Nasdaq Stock Market under the stock code QCOM. In addition to historical information, this press release contains projections about the future that are subject to certain risks and uncertainties, including: the Company's ability to successfully design and manufacture CDMA components in large quantities on a timely and profitable basis, the scope and pace of CDMA deployment, changes in economic conditions in the various markets in which the Company participates, and other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended September 26, 2004 and its most recent Quarterly Report on Form 10-Q.
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