Qualcomm gains on strong handset shipments

Code Division Multiple Access (CDMA) pioneer Qualcomm yesterday reported greater than expected mobile handsets shipments for the quarter to end March 26, with net income rising 11 per cent year on year to $593m (ВЈ331m).

Revenues were also up 34 per cent year on year to $1.83bn as the company shipped a record number of chips for the third consecutive quarter.

Approximately 49 million Mobile Station Modem (MSM) chips were shipped to customers worldwide during the quarter, compared to approximately 37 million units in the same period last year.

Qualcomm estimates that around 67 million cdma2000 and WCDMA (Wideband Code Division Multiple Access) 3G handsets were sold worldwide during the quarter, at an average selling price of approximately $208.

The company estimates WCDMA royalties contributed approximately 46 per cent of total royalties reported compared to approximately 32 per cent in the year ago quarter.

During the period, Qualcomm sampled the MSM7200 chipset, which is the first to support High Speed Uplink Packet Access (HSUPA) as well as WCDMA/HSDPA networks, and also entered into a royalty bearing license agreement with a licensee covering sales OFDM/OFDMA (Orthogonal Frequency Division Multiplexing) subscriber units and infrastructure equipment.

Tags: 3G, CDMA2000, HSDPA, Qualcomm, WCDMA

This entry was posted on April 20th, 2006 and is filed under Brands. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or Trackback from your own site.