February 13, 2009 (FinancialWire) -- Spreadtrum Communications, Inc. (NASDAQ: SPRD) (Current Market Cap: US$43.94 Mil.) has promoted Leo Li from the company's president to president and chief executive officer. Ping Wu, the firm's previous CEO and chairman, will retain his role as chairman.

From 2005 to 2007, Li served as the CEO of Magicomm Technology, a cell phone product development company. From 2002 to 2005, he served as senior business development director at Broadcom (NASDAQ: BRCM) and was responsible for a line of GSM/GPRS/EDGE/WCDMA baseband business. From 1998 to 2002, Li served as general manager of mobile phone product and VP of Moblink Telecom, a GSM baseband start-up company that was sold to Broadcom in 2002.

Shanghai-based Spreadtrum Communications is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the mobile wireless communications market.

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