December 18, 1998 in Social Responsibility News

Samsung Electronics and Hutchison Telecom Australia Sign Contract for CDMA Systems

Seoul, South Korea - December, 18, 1998 - Samsung Electronics Co., Ltd, officially announced that Samsung Electronics and Hutchison Telecom Australia have concluded a major deal for the delivery and installation of a CDMA Wireless communications system.
Samsung Electronics and Hutchison Telecom Australia Ltd. have concluded a major deal for the delivery and installation of a CDMA wireless communications system. The approximately US $210 million contract was signed between Samsung Electronics Overseas Business Division Vice President Taek Hee Kim and the Hutchison Telecom Group Managing Director Khoo Chek Ngee at the Hutchison Telecom's head office in Hong Kong on 12 December 1998.

Construction of system will be completed by March 2000 in time for the 2000 Sydney Summer Olympics, giving Samsung a chance to show off its technological prowess to the entire world.

Samsung Electronics won out in an international tender held by Hutchison Telecom Australia to supply the full CDMA cellular communications system in Sydney and Melbourne Australia.

Samsung will also supply handsets and provide ongoing technical and maintenance support and additional equipment to expand the system for an eight year period following installations of the initial network.

Samsung Electronics has been selected to be the Olympic Partner in the Wireless Equipment category for the 2000 Sydney Olympic Games. Samsung's supply of the CDMA system as well as handsets will provide an opportunity to show off its technological sophistication.

This contract also represents the first export of CDMA systems to an advanced market, and it will strengthen Samsung's stature worldwide. Samsung's officials expect that will pave the way for greater inroads into the growing Americas, China, Southeast Asia and Pacific Rim markets for CDMA systems.

Barry Roberts-Thomson, Managing Director of Huchison Telecom Australia, confirmed the selection of Samsung as the supplier for the CDMA network in Sydney and Melbourne. Mr. Roberts-Thomson said of the decision today :

"The agreement with Samsung Electronics is a fantastic milestone in the development of Hutchison Telecom Australia's business. We already have more than 300,000 paging, cellular re-sale, Internet and wireless customers in Australia. The investment in our own CDMA infrastructure will provide the vehicle to further expand our customer base and provide new unique products and services in the wireless area.

We are fortunate to have signed Samsung as our technology partner. Samsung's credentials in CDMA infrastructure provision are impressive with involvement in four Korean networks supporting over 10 million CDMA subscribers. Samsung is regarded as a world leader in this technology and we will be using their expertise and project development capability to compete in the highly competitive environment in Australia. Hutchison Telecom Australia is committed to being a significant carrier in Australia. With the support of Samsung, Hutchison Telecom Australia will introduce some of the most innovative services available anywhere in the world."

Hutchison Telecom Australia is a member of the Hutchison Telecommunications Group, the telecommunications division of Hutchison Whampoa Ltd., a Hong Kong based multi-national corporation.

In Samsung Electronics Co., Ltd, there are three main business units:


.Multimedia & Home Appliances
.Semiconductors
.Information & Telecommunications
Samsung Electronics Co., Ltd, a US $13 billion (1997) flagship company of Korean-based Samsung Group, is a world leader in electronics, with operations in more than 50 countries and 75,000 employees worldwide.
For more information, please visit our website:
http://www.samsungelectronics.com


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