SHANGHAI, May 14 /PRNewswire-Asia/ -- China Telecommunications Technology Labs ("CTTL") and Spreadtrum Communications (Shanghai) Co., Ltd., a subsidiary of Spreadtrum Communications, Inc. (Nasdaq: SPRD) ("Spreadtrum"), today jointly announced their strategic partnership. Their cooperation will focus on researching new technologies and services in wireless communications and multimedia terminals to promote innovative research of new technologies and services that meet the requirements of the Chinese mobile handset market and to improve the quality of wireless communications and multimedia terminals.
The Chinese mobile communications industry is now advancing into its maturation phrase. A unique industry chain capability has developed in China’s mobile phone industry, which now comprises of design, R&D, support, production, marketing, etc. This development will enhance the competitiveness of phones made in China for the local and overseas markets. With the strategic partnership of CTTL and Spreadtrum, our cooperation will create new technologies and services in wireless communications and multimedia terminals. For example, we expect to innovative services by utilizing our combined resources and new techniques in 2G and 3G networks to develop high-tech information security technologies for the mobile and multimedia markets. Our cooperation will simultaneously broaden and strengthen interactions in the industry chain.
Ms. Fuli of CTTL said, "As one of China’s important wireless and multimedia core chipset providers, Spreadtrum plays an important role in the industry. After establishing the strategic partnership of CTTL and Spreadtrum, both will coordinate their unique techniques and advantages to cooperate on new technical hot projects."
Dr. Leo Li, President and CEO of Spreadtrum, said: "CTTL is a comprehensive and large-scale information communications base that serves the Chinese and overseas markets to develop new technologies and establish standards, tests and verification services. With CTTL’s partnership, Spreadtrum expects to improve its product quality and performance and to offer more suitable products for the Chinese and international markets. "
About Spreadtrum Communications, Inc.:
Spreadtrum Communications, Inc. (NASDAQ: SPRD) is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the mobile wireless communications market. The Company combines its semiconductor design expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management. The Company has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich and meet their cost and time-to-market requirements. For more information, please visit: http://www.spreadtrum.com
About China Telecommunication Technology Labs
China Telecommunications Technology Labs (“CTTL”), founded in 1981, was named under the authorization of the Ministry of Information Industry (MII) and the State General Administration for Quality Supervision, Inspection and Quarantine (AQSIQ). Currently, CTTL is administrated by the China Academy of Telecommunications Research (CATR) and was formed through re-organization and merges of four divisions of CATR, i.e. the Research Institute of Telecommunications Transmission (RITT), the Telecommunications Metrology Center (TMC), the Research Institute for Industry Standard of Posts and Telecommunications (PTISR), the CTTL Anti-seismic Research Institute of Telecommunications Equipment, BaoDing (ARITE). It is a leading high-tech laboratory with the following missions: telecommunications technology development, telecommunications product standards and test methods research, telecommunications metrology standards and methods research, products inspection, verification and technical assessment and testing instruments metrology and evaluation of communications software.
CTTL’s development strategy is based on researching telecommunications engineering technology and related fundamental theory and is guided by Chinese national and international telecommunications markets to provide comprehensive services and support to government departments, network operators and manufacturers. For more information, please visit: http://www.chinattl.com
Safe Harbor Statements
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 promoting innovative research of new technologies and services and improving the quality of wireless communications and multimedia terminals; Spreadtrum and CTTL’s development of the high-tech information security technologies for the mobile and multimedia markets and the ability to continue broadening and strengthening interactions in the industry chain; Spreadtrum’s improvement of its product quality and performance and the ability to offer more suitable products for the Chinese and international markets. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and the 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, the uncertainties on the strategy partnership between Spreadtrum and CTTL, the market acceptance of such cooperation, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; the maturation of the Chinese mobile communications industry; unpredictable changes in technology and consumer demand for wireless communication products and multimedia terminals; changes in the strategic partnership between Spreadtrum and CTTL; the state of and any change in the Spreadtrum’s relationship with its major customers; and changes in political, economic, legal and social conditions in China. 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 "), including the annual report on Form 20-F filed on June 30, 2008, especially the sections under "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations," and such other documents that the Company may file or furnish 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.
