The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Qualcomm Establishes Integrated Circuit Design and Engineering R&D Center in Singapore

Thursday, March 29, 2012

Qualcomm Establishes Integrated Circuit Design and Engineering R&D Center in Singapore00:00 EDT Thursday, March 29, 2012? Expanded Presence Facilitates Powerful, Innovative Chipset Designs ?SINGAPORE, March 29, 2012 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced plans to establish an Integrated Circuit (IC) Design and Engineering R&D center in Singapore. Qualcomm also will manage certain strategic business planning and development, sourcing, procurement and distribution, as well as other marketing and administrative functions, from Singapore for Qualcomm CDMA Technologies, the Company's chipset division.The new IC Design and Engineering R&D operations will focus on chipset design and development ? including analog and power design; mixed signal design; digital design; mask layout design; and pre and post silicon verification."We are delighted to expand our Singapore operations by establishing a world-class IC Design and Engineering R&D facility. This facility will deliver powerful and innovative chipset designs that will continue to improve the mobile experience for consumers," said Jim Lederer, executive vice president and general manager for Qualcomm CDMA Technologies."Electronics is one of the largest industries in Singapore. We are excited that Qualcomm, the world's largest fabless semiconductor company, is setting up an IC Design & Engineering R&D Centre in Singapore, further establishing Singapore as an international hub for its chipset business. This is a significant addition to our electronics semiconductor ecosystem. It affirms Singapore as the choice location in Asia for companies to drive global operational efficiency and conduct R&D," said Mr. Teo Ser Luck, Minister of State for Trade and Industry.The new IC Design and Engineering R&D center aims to tap into local Singapore and regional talent to develop a wide range of hardware and software-related design support solutions, as well as augment Qualcomm's existing product test center in Singapore. "Singapore is an important strategic hub for the Asia Pacific region and among the most vibrant and highest growth areas for the wireless and semiconductor industries in the world," said John Stefanac, vice president of Qualcomm and president of Qualcomm Southeast Asia and Pacific. "The expansion of our presence in Singapore demonstrates Qualcomm's deepened commitment to the Asia Pacific region and builds on more than a decade of successful operations here."Singapore has held a strategic importance to Qualcomm since 2000 when the Company set up its chipset distribution center in the country. In 2008, Qualcomm established its first test development center outside of the United States, enabling Singapore to become Qualcomm's development hub for the Asia Pacific region. About Qualcomm Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation mobile technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.Qualcomm Contacts:Adrian Fu, Public Relations for Southeast Asia & PacificPhone: 1-852-9755-1610Email: afu@qualcomm.com Tina Asmar, Corporate CommunicationsPhone: 1-858-845-5959Email: corpcomm@qualcomm.com Warren Kneeshaw, Investor RelationsPhone: 1-858-658-4813Email: ir@qualcomm.com SOURCE Qualcomm Incorporated