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ParkerVision to supply unpackaged RFICs to LG

Posted: 08 Dec 2008 ?? ?Print Version ?Bookmark and Share

Keywords:joint development agreement? RFIC mobile handset? transmission RF signals?

ParkerVision Inc. has entered into a joint development agreement with LG Innotek, a division of the LG Group. Under the terms of the agreement, ParkerVision will supply unpackaged RF ICs that incorporate the company's proprietary d2p and d2d technologies for the reception, transmission and amplification of RF carrier signals. LG Innotek will incorporate these RF ICs into multimode wireless modules for sale by LG Innotek to their customer base of mobile handset and wireless data card manufacturers.

Both companies have jointly specified the program as a multimode, multiband HEDGE (HSDPA/W-CDMA and GSM/GPRS/Edge) module with a targeted product launch in 2H 09. ABI Research predicts that HEDGE mobile handsets will represent shipments of approximately 80.2 million units annually in 2009, growing by 132 percent to 186.1 million units annually in 2010.

Shared visions
"We are pleased to partner with LG Innotek to supply multimode wireless modules for their significant customer base. The development efforts under this agreement align nicely with our current product roadmap," Jeffrey Parker, CEO and chairman of ParkerVision, commented. "While supplying RF ICs is a departure from our intellectual property licensing model, we believe the efforts we have made to date in developing prototype RFICs for current and prospective customers enables an aggressive time-to-market scenario. Ultimately, this agreement helps us achieve our goal of becoming a significant player in the 3G mobile handset market."

J.S. Park, chief technology officer of LG Innotek, said, "ParkerVision's technologies were selected by LG Innotek based on their unique multimode capabilities combined with superior efficiencies. ParkerVision shares our philosophies of quick implementation and quality customer service, and we look forward to a long-term, successful relationship. We look forward to bringing our customers the smallest complete HEDGE radio module available in the market, enabling them to meet their goals for size, cost and performance.

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