Spreadtrum Communications Declares Quarterly Cash Dividend
SHANGHAI, March 20, 2013
SHANGHAI, March 20, 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 its Board of Directors
(the "Board") has approved its eighth 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 eighth
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 April 10, 2013 and will be paid on April 25, 2013.This dividend
represents a quarterly payout of approximately US$4.87 million in aggregate to
Ordinary Shares.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 Relations, Diana Jovin, +1-650-308-8148, firstname.lastname@example.org
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