Qualcomm MEMS Technologies and Foxlink Commence Operations at Dedicated mirasol Display Fabrication Facility

Nature-based, Reflective, Low Power Displays to be Manufactured at Generation 4.5 Fab
SAN DIEGO . - Qualcomm MEMS Technologies, Inc., a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM) today announced that a dedicated mirasol® display fabrication plant in the Longtan’s Science Park in Taoyuan, Taiwan has commenced operations. The Qualcomm facility is the result of a strategic collaboration with Cheng Uei Precision Industry Co. Ltd., (Foxlink) (TSE: 2392), a leading developer and manufacturer of communications devices, computers and consumer electronics. Foxlink will play an integral role in the operation of the mirasol fabrication facility, which is dedicated to manufacturing mirasol displays on generation 4.5 glass.

“Emerging technologies such as mirasol displays have the power to influence the entire wireless value chain,” said Paul Jacobs, chairman and CEO of Qualcomm. “As we continue to demand more from our mobile devices, it is clear that the display not only is increasingly influencing the consumers’ experience but also is driving the total power efficiency of the device.”

“The mirasol facility is game-changing for Qualcomm MEMS Technologies, as its capabilities move us closer to delivering next generation mirasol displays to the market with increased efficiency and in greater quantities,” said Jim Cathey, vice president of business development for Qualcomm MEMS Technologies, Inc. “With our technical expertise and Foxlink’s background in manufacturing, we are well positioned to enable the commercialization of mirasol display technology; that’s the charter of the mirasol fabrication plant.”

Foxlink, one of the world’s leading makers of communications devices, computers and consumer electronics for multiple Fortune 500 companies, will leverage its extensive manufacturing experience to provide the day-to-day operations of the mirasol plant. Qualcomm MEMS Technologies will bring its extensive knowledge of this emerging technology and its process engineering expertise from QMT’s dedicated teams in Taiwan and from the state-of-the-art Qualcomm MEMS Research and Innovation Center (MRIC) laboratory in San Jose, California. Both teams drive the development and commercialization of mirasol display technology and products.

“The mirasol display holds great promise and we look forward to our role in taking this technology from the laboratory to manufacturing on a greater scale,” said James Lee, president of Microlink Communications Business Units and Systems Business Group of Foxlink. “In the hands of the Foxlink team and the capable engineers of Qualcomm MEMS Technologies, we are confident that mass production of this technology can be accelerated in terms of volume, scale, color and time to market.”

Today’s announcement will be followed by an official opening ceremony of the dedicated mirasol fabrication plant on June 15. The opening will be attended by top Taiwanese politicians and key partners and executives from Foxlink and Qualcomm, including Paul Jacobs, Qualcomm’s chairman of the board and chief executive officer. In addition to remarks by stakeholders, the ceremony will include several traditional Taiwanese rituals to mark the occasion.

Qualcomm’s mirasol displays constitute a technology breakthrough that promises substantial performance benefits over competing display technologies. Based on reflective technology, mirasol displays use significantly less energy than traditional displays. The display’s nature-inspired design lends to low power consumption and high reflectivity, offering consumers extended battery life and superior outdoor visibility. The bistable nature of the mirasol display allows for near-zero power usage in situations where the display image is unchanged. Furthermore, mirasol display technology’s rapid refresh rate makes it suitable for video and multimedia.