Agere Systems Named 'Most Valued Partner' on Samsung Telecom Partners' Day for Third Consecutive Year
December 13 2005 - 10:38AM
PR Newswire (US)
SEOUL, South Korea, Dec. 13 /PRNewswire-FirstCall/ -- Agere Systems
(NYSE: AGR) today announced it has been selected by Samsung
Electronics Co., Ltd. as the recipient of the 2005 "Most Valued
Partner Award" presented during Samsung's recent Telecom Partners'
Day. The award, one of the most prestigious and coveted honors that
can be bestowed on Samsung's business partners, was also won by
Agere Systems in 2003 and 2004. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040618/AGERELOGO) Samsung
Electronics chose its best suppliers based on a range of criteria
such as product development, customer support, speed, innovation
and cost. Agere proudly outperformed a number of its competitors to
win this title for the third consecutive year. "Agere has
consistently distinguished itself as a company providing not only
great chip solutions, but also the system-level understanding and
close collaboration required to bring the best possible products to
market," said Ki Tae Lee, President and CEO Telecommunication
Network Business, Samsung Electronics. "Agere has demonstrated a
clear commitment to helping Samsung build on our success as a
leader in mobile phone quality and innovation." "We are extremely
proud to receive this award three times in a row from Samsung
Electronics," said Richard L. Clemmer, President and CEO of Agere
Systems. "Our specialties in 3G W-EDGE(TM), the recently launched
Vision(TM) product family and our upcoming HSDPA solutions deliver
the flexibility and scalability that meet Samsung's needs as they
strive to quickly introduce full-featured multimedia mobile phones
to ever demanding consumers. We will continue to work with Samsung
as a strategic provider focused on bringing the best solutions to
the mobile phone market." According to market research firm IDC,
Samsung recorded 26.8 million units of handset sales in the third
quarter of 2005 and is currently the third largest handset supplier
in the world.* For the last three years, Agere has served as the
phone maker's primary GPRS and EDGE solution provider. Samsung uses
Agere chipsets and software in high-performance, full-featured GPRS
and EDGE mobile phones. About Samsung Electronics Samsung
Electronics Co., Ltd. is a global leader in semiconductor,
telecommunication, digital media and digital convergence
technologies with 2004 parent company sales of US$55.2 billion and
net income of US$10.3 billion. Employing approximately 113,600
people in over 90 offices in 48 countries, the company consists of
five main business units: Digital Appliance Business, Digital Media
Business, LCD Business, Semiconductor Business and
Telecommunication Network Business. Recognized as one of the
fastest growing global brands, Samsung Electronics is a leading
producer of digital TVs, memory chips, mobile phones, and TFT-LCDs.
For more information, please visit http://www.samsung.com/ About
Agere Systems Agere Systems is a global leader in semiconductors
for storage, wireless data, and public and enterprise networks. The
company's chips and software power a broad range of computing and
communications applications, from cell phones, PCs, PDAs, hard disk
drives and gaming devices to the world's most sophisticated
wireless and wireline networks. Agere's customers include top
manufacturers of consumer electronics, communications and computing
equipment. Agere's products connect people to information and
entertainment at home, at work and on the road -- enabling the
connected lifestyle. * Source: IDC WW Quarterly Mobile Phone
Tracker, Preliminary as of November 9, 2005 Vision and W-EDGE are
trademarks, and Agere, Agere Systems and the Agere Systems logo are
registered trademarks of Agere Systems Inc. This release contains
forward-looking statements based on information currently available
to Agere. Agere's actual results could differ materially from the
results stated or implied by those forward-looking statements due
to a number of risks and uncertainties. These risks and
uncertainties include, but are not limited to, our reliance on
major customers and suppliers, our ability to keep pace with
technological change, our dependence on new product development,
price and product competition, availability of manufacturing
capacity, customer demand for our products and services, and
general industry and market conditions. For a further discussion of
these and other risks and uncertainties, see our annual report on
Form 10-K for the fiscal year ended September 30, 2005. Agere
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
http://www.newscom.com/cgi-bin/prnh/20040618/AGERELOGO
http://photoarchive.ap.org/ DATASOURCE: Agere Systems CONTACT:
JoAnna Schooler, +1-610-712-1746 (office), or +1-908-283-4060
(mobile), , or Dee Yeung, (+86 21) 5461 4688, ext. 365 (office),
(+86) 13901 833 733 (mobile, China), or (+852) 9349 9449 (mobile,
Hong Kong), , both of Agere Systems Web site:
http://www.samsung.com/ Web site: http://www.agere.com/
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