Spreadtrum Communications Declares Quarterly Cash Dividend
SHANGHAI, Dec. 13, 2012
SHANGHAI, Dec. 13, 2012 /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 its Board of Directors
(the "Board") has approved its seventh quarterly cash dividend of US$0.10 per
American Depositary Share or approximately US$0.0333 per Ordinary Share (each
American Depositary Share represents three Ordinary Shares). The seventh
quarterly dividend will be payable to holders of record of Ordinary Shares
(which includes holders of American Depositary Shares) as of the close of
business on December 24, 2012 and will be paid on December 31, 2012. This
dividend represents a quarterly payout of approximately US$4.77 million in
aggregate to Ordinary Shares, which Ordinary Shares exclude the shares
repurchased by the Company from the open market pursuant to its share
repurchase program. The payment of any future quarterly dividends will be at
the discretion of the Board and will be dependent upon Spreadtrum's financial
position, results of operations, available cash, cash flow, capital
requirements and other factors deemed relevant by the Board.
About Spreadtrum Communications
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.
SOURCE Spreadtrum Communications, Inc.
Contact: Investor Contact: Investor Relations, Diana Jovin, +1 650-308-8148,
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