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Wavecom eyes wireless silicon development market

Posted: 27 Jan 2004 ?? ?Print Version ?Bookmark and Share

Keywords:wavecom? wireless silicon? personal communications devices? mobile phones? smartphones?

Wavecom SA has announced plans to begin the immediate implementation of a new organizational structure that will focus on its two principal target markets and on wireless silicon development. The restructuring is expected to result in a substantial headcount reduction across all functional lines, principally in France and the U.S.

Following the restructuring, the company expects its global workforce to be about 560 people, compared to 860 last December 31, 2003 with complete headcount reductions concluded by mid-2004.

Wavecom established a business unit for personal communications devices, or PCDs, (mobile phones, smartphones and PDAs) and another business unit for verticals (M2M, automotive and wireless local loop).

Two other principal units are focused on products and technology: the Solutions product group and the Systems and Silicon product group. The Solutions product group is vertically integrated and is responsible for all aspects from design and development to production of Wavecom packaged solutions, incorporating both hardware and software. Finally, the Systems and Silicon product group is responsible for advancing on breakthrough technology including system-on-a-chip development and high-performing core software.

The objective of the new organization is to allow Wavecom to drive growth and profitability, to maintain its place among the leaders in wireless communication and to concentrate its efforts on innovative technology. Wavecom's ambition continues to be to establish itself as a major global player in the wireless silicon sector.

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