SHANGHAI, Oct. 29, 2013 /PRNewswire-FirstCall/ --
Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the
"Company"), a leading fabless semiconductor provider in
China with advanced technology in
2G, 3G and 4G wireless communications standards, today announced
that it has achieved mass production of its SC7710 chipset, a
single-core WCDMA/HSPA+ smartphone chipset designed for entry level
3G devices shipping globally.
"The mass market opportunity in smartphones is the entry level
smartphone buyer, that is the consumer who is switching from a
feature phone for the first time," said Dr. Leo Li, chairman and CEO of Spreadtrum
Communications. "We are seeing tremendous interest and enthusiasm
for our SC7710 chipset, which enables handset makers to design
entry level 3G devices at very low cost."
The SC7710 supports WCDMA/HSPA+ and EDGE/GPRS/GSM standards,
integrating a single-core Cortex™-A5 CPU running at speeds up to
1.0GHz and a Mali 400 GPU for high
performance graphics, and includes support for up to a 5 megapixel
camera, 720p video and display resolution up to WVGA. The
SC7710 has been qualified by China Unicom and other global
operators and is shipping in devices from China's smartphone makers, including one of
the leading domestic smartphone providers.
"Spreadtrum has been very successful in addressing the entry
level smartphone market in China
with its TD-SCDMA products," said Stuart
Robinson, principal analyst with Strategy Analytics. "With
its new WCDMA chipset, Spreadtrum is now positioned to address the
large number of global consumers who will be buying their first
smartphone over the next few years, particularly in emerging
markets."
About Spreadtrum Communications, Inc.
Spreadtrum Communications, Inc. (NASDAQ:SPRD; "Spreadtrum") is a
fabless semiconductor company that develops mobile chipset
platforms for smartphones, feature phones and other consumer
electronics products, supporting 2G, 3G and 4G wireless
communications standards. Spreadtrum's solutions combine its
highly integrated, power-efficient chipsets with customizable
software and reference designs in a complete turnkey platform,
enabling customers to achieve faster design cycles with a lower
development cost. Spreadtrum's customers include global and
China-based manufacturers
developing mobile products for consumers in China and emerging markets around the
world. For more information, visit www.spreadtrum.com.
SAFE HARBOR STATEMENT:
This press release contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, without limitation, statements regarding the
expectation that the mass market opportunity in smartphones is the
entry level smartphone buyer; there are tremendous interest and
enthusiasm for Spreadtrum's SC7710 chipset; SC7710 chipset enables
handset maker to design entry level 3G devices at very low cost;
and the expectation that with its new WCDMA chipset, Spreadtrum is
positioned to address the large number of global consumers who will
be buying their first smartphone over the next few years,
particularly in emerging markets. The Company uses words like
"believe," "anticipate," "intend," "estimate," "expect," "project"
and similar expressions to identify forward-looking statements,
although not all forward-looking statements contain these words.
These statements are forward-looking in nature and involve risks
and uncertainties that may cause actual market trends and the
Company's actual results to differ materially from those expressed
or implied in these forward-looking statements for a variety of
reasons. Potential risks and uncertainties include, but are not
limited to, continuing competitive pressure in the semiconductor
industry and the effect of such pressure on prices; unpredictable
changes in technology and consumer demand for smartphones; market
acceptance of the Company's WCDMA products; the state of and any
change in the Company's relationship with its customers; and
changes in political, economic, legal and social conditions in
China and emerging markets around
the world. For additional discussion of these risks and
uncertainties and other factors, please consider the information
contained in the Company's filings with the U.S. Securities and
Exchange Commission (the "SEC") and the annual report on Form 20-F
filed on April 26, 2013 especially
the section under "Risk Factors" and such other documents that the
Company may file with the SEC from time to time, including on Form
6-K. The Company assumes no obligation to update any
forward-looking statements, which apply only as of the date of this
press release, and does not intend to update any forward-looking
statement whether as a result of new information, future events or
otherwise except as required by law.
SOURCE Spreadtrum Communications, Inc.