December 14, 1999 in Social Responsibility News

Compaq, API, and SAMSUNG Set Long-Term Growth Strategy for Alpha

Houston, - Dec. 13, 2000 - Compaq Computer Corporation (NYSE: CPQ), Alpha Processor, Inc., (API), and Samsung Electronics Co., Ltd. today announced the expansion of their relationship with the signing of a memorandum of understanding will result in a $500 million combined investment to advance Alpha market opportunities and technologies. Building upon recent announcements illustrating each company`s commitment to Alpha, the companies are making unique and joint technology contributions as well as development and marketing investments to expand opportunities in growing and emerging markets for Alpha.

The investment commitment by Compaq, API, and Samsung will extend Alpha`s leadership in enterprise environments including a significant focus on NonStop(TM) eBusiness solutions. Through the technology and product expertise of the three organizations, this agreement helps expand Alpha into new growth markets such as fixed-function servers, network appliances, and Internet network infrastructure. `API, Compaq, and Samsung recognize the business growth potential for Alpha and will leverage next-generation Alpha performance solutions to make technology advances that ensure its leadership position,` said Dr. Daeje Chin, executive vice president and chief technology officer at Samsung Electronics and chairman and chief executive officer at API. `Over the next decade this collaboration will continue to expand and thrive. For example, we believe this agreement will lead to additional investments by these three companies exceeding $1.5 billion during the next five years.` `Compaq continues to build its worldwide Internet infrastructure leadership and Alpha technology is a strategic element in that effort,` said Michael Capellas, Compaq President and CEO. `As the industry`s most powerful 64-bit processor, Alpha is one of the key technologies for high-performance computing and NonStop(TM) eBusiness. With API and Samsung, we are jointly reinforcing our long-term commitment to Alpha and we are committed to expanding Alpha in target markets.`

Areas of focus aimed at expanding the Alpha market include:
Investment by Samsung in semiconductor manufacturing process advancements such as copper interconnect, low-K dielectric and silicon-on-insulator technology.

Previously announced incremental funding by Compaq in Tru64 UNIX/Alpha market development. This targets a 400% increase in ISV support funding, doubling of pre/post sales support resources, and an aggressive, worldwide marketing campaign.

Business development investment which will enable Alpha to penetrate new and emerging markets such as fixed-function servers, network appliances, and Internet network infrastructure. As owner of the technology, Compaq continues demonstrating its commitment to broadening the market for Alpha with the expansion of the Alpha architectural license to include API.


Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE
×

Redirect Notification

As of Nov. 1, 2017, the Samsung Electronics Co., Ltd. printer business and its related affiliates were transferred to HP Inc.

For more information, please visit HP's website: http://www.hp.com/go/samsung


Select CONTINUE to visit HP's website.

CANCEL
CONTINUE