Spreadtrum Announces Strategic Partnership with Orange
Global operator teams with mobile platform provider across broad device
portfolio to make high quality, feature-rich mobile handsets and smartphones
more broadly affordable
SHANGHAI, March 27, 2013
SHANGHAI, March 27, 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, together with Orange, one of the world's
leading telecommunications operators, today announced that Orange has
established a strategic partnership with Spreadtrum to use its low-cost mobile
platforms for the delivery of a broad portfolio of cost-effective,
feature-rich mobile handsets and smartphones to consumers in Orange's European
and African markets. With this collaboration, Orange aims to improve the
affordability of smartphones and other mobile handsets in these regions,
contributing to Orange's objectives of making the mobile internet more
accessible to consumers.
"Orange's goal is to make the mobile internet more accessible to all of our
customers around the world," said Yves Maitre, senior vice president of Orange
Group Devices. "Spreadtrum's ability to provide high-quality and low-cost
chipsets will ultimately help make our smartphones even more affordable for
our customers everywhere."
"We are pleased to be working closely with Orange on their mobile
initiatives," said Dr. Leo Li, chairman and CEO of Spreadtrum. "Our
partnership with Orange demonstrates our commitment and capability to support
our global partners with products and service that enable them to achieve
their strategic market objectives."
Orange and Spreadtrum have now achieved the first milestone in the delivery of
Spreadtrum-based handsets to Orange's markets, with a feature phone designed
by Alcatel, the Alcatel One Touch 1060, that is based on Spreadtrum's SC6531
2.5G baseband chipset and is now qualified for launch in Orange's markets
beginning with France. Orange plans to follow this device launch with
Spreadtrum-based smartphone products in the future.
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.
SPREADTRUM 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 Orange's aim for improving the affordability of
smartphones and other mobile handsets in Orange's European and African markets
through its collaboration with Spreadtrum, Spreadtrum's ability in ultimately
helping make Orange's smartphones even more affordable for Orange's customers
everywhere, Spreadtrum's capability in enabling its global partners to achieve
their strategic market objectives, and Orange's plan to follow the Alcatel One
Touch 1060 launch with Spreadtrum-based smartphone products in the future. 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 feature-rich
mobile handsets and smartphones; market acceptance of Spreadtrum's low-cost
chipsets; the state of and any change in the Company's relationship with
Orange; and changes in political, economic, legal and social conditions in
China and emerging markets. 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 10, 2012, 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.
Contact: Diana Jovin, Spreadtrum, +1 650-308-8148, firstname.lastname@example.org
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