CEVA and Spreadtrum Expand Long-Term Partnership for LTE SoCs Targeting Mid and High End Smartphones

BARCELONA, Spain – Mobile World Congress - February 23, 2016 - CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, and Spreadtrum Communications, a leading fabless semiconductor company in China with advanced technology in 2G, 3G, and 4G wireless communication standards, today announced the expansion of their long-term strategic partnership around Spreadtrum’s advanced LTE SoC smartphone platforms.

Spreadtrum’s latest 64-bit Octa-Core LTE SoC platform, the SC9860, integrates multiple CEVA DSPs, performing multiple signal processing workloads, including LTE Cat-7 baseband, audio and voice, sensor fusion and always-on. The collaboration builds on more than a decade of success between the two companies, with Spreadtrum shipping more than 2 billion feature phone and smartphone chips to-date powered by CEVA DSPs.

“We are pleased to announce our continued close relationship with CEVA as we embark on the next phase of our smartphone platform expansion to include the mid-range and premium smartphone markets,” said Dr. Leo Li, Chairman and CEO of Spreadtrum. “CEVA’s DSPs are an important building block in these SoCs, bringing outstanding power-efficiency and highly-optimized performance to the wide range of applications they perform.”

“Spreadtrum are set to be a leading disruptor in the LTE smartphone market, bringing highly-advanced smartphone SoCs to the global market and we are proud to expand the adoption of our DSPs to LTE advanced, voice, audio and sensor processing,” said Gideon Wertheizer, CEO of CEVA. “With more than 6 billion wireless subscribers globally still using 2G and 3G networks today, the mass-market opportunity for LTE remains largely untapped and Spreadtrum is ideally positioned to address every smartphone market segment with their CEVA-powered chipsets.”

About Spreadtrum Communications

Spreadtrum Communications is a fabless semiconductor company that develops mobile chipset platforms for smartphones, feature phones and other consumer electronics products, supporting 2G, 3G and 4G wireless communications standards. Spreadtrum's solutions combine its highly integrated, power-efficient chipsets with customizable software and reference designs in a complete turnkey platform, enabling customers to achieve faster design cycles with a lower development cost. Spreadtrum's customers include global and China-based manufacturers developing mobile products for consumers in China and emerging markets around the world. Spreadtrum is a privately held company headquartered in Shanghai and an affiliate of Tsinghua Unigroup, Ltd. For more information, visit www.spreadtrum.com.

About CEVA, Inc.

CEVA is the leading licensor of signal processing IP for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, computer vision and computational photography for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For connectivity, we offer the industry’s most widely adopted IPs for Bluetooth (Smart and Smart Ready), Wi-Fi (802.11 b/g/n/ac up to 4x4) and serial storage (SATA and SAS). Visit us at www.ceva-dsp.com and follow us on Twitter, YouTube and LinkedIn.