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    9434   JP3732000009

SOFTBANK CORP.

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SoftBank Corp. : Launches Multi-Gigabit 5G mmWave in Japan with Qualcomm Technologies; - 5G mmWave Allows for the Fastest-ever Cellular Speeds on SoftBank's Network -

03/19/2021 | 04:21am EDT

SAN DIEGO -- Qualcomm Technologies, Inc. announced that SoftBank Corp. has launched its 5G millimeter (mmWave) service in Japan - using devices based on Qualcomm® Snapdragon(TM) 5G Mobile Platforms and Modem-RF Systems. 5G mmWave allows Japanese users to enjoy the fastest possible multi-Gigabit download speeds in the country. Along with the launch, SoftBank is making the "Pocket WiFi 5G A004ZT" 5G mmWave mobile hotspot available for sale. All initial 5G mmWave-compatible mobile devices in SoftBank's portfolio, including soon-to-be announced 5G smartphones, are expected to be powered by Qualcomm Technologies' 5G mmWave products.

The deployment of 5G mmWave is critical to unleashing the full potential of 5G and addressing the massive increase in mobile data demand. 5G mmWave allows leading operators such as SoftBank to take advantage of the large amount of spectrum resources available in higher bands, enabling them to deliver the world's fastest multi-gigabit cellular speeds and low latency connectivity.

5G mmWave is also a cost-effective way for mobile operators to increase the network capacity needed to meet the increasing demand for data in dense urban, fixed wireless access and enterprise environments - with savings up to 35% in total cost of ownership compared to sole use of sub-6 GHz bands*.

"5G mmWave is critical for mobile operators to stay competitive and to realize the full potential of 5G to transform many industries," said Francesco Grilli, vice president, product management, Qualcomm Technologies, Inc. "Japan is at the forefront in deploying the most advanced 5G technologies such as mmWave, and we are honored by working with SoftBank to bring the fastest mobile experiences to Japanese consumers and businesses."

"SoftBank is pleased to collaborate with Qualcomm Technologies and use its leading 5G mmWave technology to offer world-class 5G service to our subscribers," said Keigo Sugano, senior vice president, head of product division, SoftBank Corp. "We look forward to continuing our long-standing collaboration with Qualcomm Technologies to support Japan's growth and leadership using the most advanced wireless innovations."

This announcement follows SoftBank's commercial launch of 5G Sub-6 GHz service with smartphones powered by Snapdragon 5G Mobile Platforms in March 2020. The commercial launch of 5G mmWave significantly strengthens SoftBank's 5G network capabilities, with more mmWave capable mobile devices to be launched going forward.

For more information about 5G mmWave and its technical and economic benefits, please go to www.qualcomm.com/mmWave.

* Source: "The economics of mmWave 5G," GSMA Intelligence, Jan. '21.

About Qualcomm

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. Qualcomm contacts: Pete Lancia Mauricio Lopez-Hodoyan

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
SOFTBANK CORP. -0.13% 1531.5 End-of-day quote.18.45%
SOFTBANK GROUP CORP. -2.06% 6574 End-of-day quote.-18.42%
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Sales 2022 5 602 B 49 148 M 49 148 M
Net income 2022 523 B 4 588 M 4 588 M
Net Debt 2022 4 128 B 36 215 M 36 215 M
P/E ratio 2022 13,9x
Yield 2022 5,62%
Capitalization 7 190 B 63 216 M 63 089 M
EV / Sales 2022 2,02x
EV / Sales 2023 1,94x
Nbr of Employees 37 821
Free-Float 58,1%
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