Qualcomm Opens Qualcomm Communication Technologies in Shanghai for Semiconductor Test Manufacturing
September 12 2016 - 9:15AM
Business Wire
— Expands Qualcomm Technologies, Inc.’s
relationship with Amkor Technology, Inc. to combine semiconductor
manufacturing expertise with product engineering and development
—
Qualcomm Incorporated (NASDAQ:QCOM) today announced the opening
of Qualcomm Communication Technologies (Shanghai) Co. Ltd., a
semiconductor test facility in the Waigaoqiao (WGQ) free-trade zone
in Shanghai, and its first foray into providing manufacturing
services for semiconductors. By working with Amkor Technology,
Inc., one of the world’s leading providers of contract
semiconductor assembly and test services, the new company will
combine Amkor’s extensive test services experience and state of the
art cleanroom facilities with Qualcomm Technologies’ industry
leadership in cutting-edge product engineering and development.
The new manufacturing facility demonstrates Qualcomm
Technologies’ commitment to continue to invest and help develop
semiconductor expertise in China, and is indicative of growth in
semiconductor market leadership in the country. Through the
ownership and operation of a semiconductor test center, Qualcomm
Technologies will enhance its focus on customer service, continue
to develop its expertise in operational excellence, and increase
its business presence in China.
“The test facility is part of our continued mission to
streamline supply chain operations and improve operational
efficiency,” said Roawen Chen, senior vice president, QCT global
operations, Qualcomm Technologies, Inc.
“Qualcomm Technologies continually strives to improve our
manufacturing footprint in China and the formation of Qualcomm
Communication Technologies in Shanghai is another example of this
dedication,” said Frank Meng, chairman, Qualcomm China.
“We are excited to work with Qualcomm Technologies in their new
test operation in China,” said Steve Kelley, Amkor’s president and
chief executive officer. “Amkor offers the most advanced outsourced
assembly and test technologies in China, and this expanded
relationship is a natural extension of the long history of close
collaboration between our two companies.”
The Shanghai-based facility is set to begin operations on
October 18, 2016.
About Qualcomm Incorporated
Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G
and next-generation wireless technologies. Qualcomm Incorporated
includes Qualcomm’s licensing business, QTL, and the vast majority
of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary
of Qualcomm Incorporated, operates, along with its subsidiaries,
substantially all of Qualcomm’s engineering, research and
development functions, and substantially all of its products and
services businesses, including its semiconductor business, QCT. For
more than 30 years, Qualcomm ideas and inventions have driven the
evolution of digital communications, linking people everywhere more
closely to information, entertainment and each other. For more
information, visit Qualcomm’s website, OnQ blog, Twitter and
Facebook pages.
About Amkor Technology, Inc.
Amkor Technology, Inc. is one of the world’s largest providers
of outsourced semiconductor packaging and test services. Founded in
1968, Amkor pioneered the outsourcing of IC packaging and test, and
is now a strategic manufacturing partner for more than 250 of the
world’s leading semiconductor companies, foundries and electronics
OEMs. Amkor’s operating base includes more than 8 million square
feet of floor space, with production facilities, product
development centers, and sales and support offices located in key
electronics manufacturing regions in Asia, Europe and the U.S. For
more information, visit www.amkor.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160912005793/en/
Qualcomm Contacts:Pete Lancia, Corporate
Communications1-858-845-5959corpcomm@qualcomm.comJohn Sinnott,
Investor Relations1-858-658-4813ir@qualcomm.comorAmkor Contact:Greg
Johnson, Vice President, Finance and Investor
Relations480-786-7594greg.johnson@amkor.com
QUALCOMM (NASDAQ:QCOM)
Historical Stock Chart
From Aug 2024 to Sep 2024
QUALCOMM (NASDAQ:QCOM)
Historical Stock Chart
From Sep 2023 to Sep 2024