Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
SHANGHAI, June 8 /PRNewswire-Asia-FirstCall/ -- Spreadtrum Communications,
Inc. (Nasdaq: SPRD; "Spreadtrum" or the "Company"), one of China's leading
wireless baseband chipset providers and Shanghai Mobile Embedded Technology
Co., Ltd. ("MET"), one of China's leading mobile value-added software and
service platform providers, today jointly announced the establishment of a
strategic partnership and issued "I Love MiC" music phone solution. The
solution is based on Spreadtrum's Mocor(R) platform, which is integrated into
MET's latest music player with karaoke function. It opens up a new path for
mobile users as the cell phone market becomes increasingly saturated with
little differentiation in terms of features. With the introduction of the
karaoke solution, consumers can use mobile phones to sing along with their
favorite songs other then just a tool for communications with basic music
playing functionality. The solution offers mobile users the wonderful
experience of karaoke.
The "I Love MiC" music phone solution will provide seamless and uniform
playback on the mixture of MP3 audio with MIC input. The solution incorporates
KTV intelligent song-picking system, offers pictures and ringtones integration,
allows free download of songs, provides MV and lyrics synchronous display, and
other rich experience features. The "I Love MiC" solution will be continuously
upgraded in the future to meet the changing market demands.
"We are very pleased to have established a strategic cooperative
partnership with MET," Spreadtrum's President and CEO, Dr. Leo Li remarked,
"the 'I Love MiC' music phone solution is based on our Mocor(R) platform,
which has demonstrated the uniqueness of its capability and at the same time
satisfied the pursuit of our customers in differentiating their mobile phone
solutions. Based on this partnership, we changed the meaning of a basic music
mobile phone from a pure play back to an interactive tool that enables mobile
users to sing along with their favorite songs through the karaoke function. In
the future, Spreadtrum and MET will continue to cooperate to develop
additional functionalities that will further enrich mobile user experience."
Mr. Jing Yan, CEO of MET, said: "Today, together with our strategic
partner Spreadtrum, we jointly announced the new music phone solution - 'I
Love MiC', which allows Spreadtrum's customers to enjoy karaoke function at
anytime, and anywhere. With the spirit of added services to Spreadtrum's
customers, MET will continue to cooperate with Spreadtrum to further enrich
mobile user experience through our competitive advantage."
About Spreadtrum Communications:
Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum") is a fabless
semiconductor company that develops baseband and RF processor solutions for
the wireless communications market. Spreadtrum combines its semiconductor
design expertise with its software development capabilities to deliver
highly-integrated baseband processors with multimedia functionality and power
management. Spreadtrum has developed its solutions based on an open
development platform, enabling its customers to develop customized wireless
products that are feature-rich to meet their cost and time-to-market
requirements.
About Shanghai Mobile Embedded Technology Co., Ltd.:
Shanghai Mobile Embedded Technology Co., Ltd. (MET) is one of earliest
corporations specialized in mobile value-added service in China which was
founded in 2002. MET persists in technology and business model innovation. MET
has successfully developed a number of core patent technologies filling the
domestic and overseas blank, and developed the first Merig(TM) virtual machine
with independent intellectual property in China.
MET provides software platform and services to over 700 IDHs and OEMs and
ODMs; technical support and services to over 100 mobile software development
companies and high experienced mobile software and services to more than 150
million users all over the world. Currently MET introduce international
capital to strive to become a world first class mobile value-added software
and services platform.
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 the effectiveness of the "I Love MiC"
music phone solution in opening up a new path for mobile users and offering
the wonderful experience of Karaoke, the ability of the continuously upgraded
"I Love MiC" music phone solution in meeting the changing market demands, the
uniqueness of the "I Love MiC" music phone solution and its ability in
satisfying the pursuit of the Company's customers in differentiating their
mobile phone solutions, and the future continuous cooperation between the
Company and MET aiming at further enriching mobile user experience. 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 mobile phones;
market acceptance of the "I Love MiC" music phone solution; the state of and
any change in the strategic partnership between the Company and MET; the state
of and any change in the Company'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") and the annual report on
Form 20-F filed on May 7, 2010, especially the sections 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.