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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 182.40+3.5%Jan 6 3:59 PM EST

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To: Ruffian who wrote (13946)8/20/2001 1:31:12 PM
From: jazzcat2000  Read Replies (2) of 197105
 
Nokia Buying 1X Asics from Q ??
Ruff, I got a response from IR to my question, "Is Nokia buying 1X chips directly from Q". Their response:
"We currently have over 40 customers that have commercial agreements to purchase QUALCOMM 1X MSM chips and more than 15 1X handsets are currently being sold supporting peak date rates of up to 153kbps, color screens, multimedia--SK Teletech even offers one model with a detachable digital camera.
We have not provided a list of the 40 customers to date for our 1X chips and I RECOMMEND THAT YOU CONTACT NOKIA DIRECTLY TO ASK YOUR SPECIFIC QUESTION." (the caps are mine).
To me this says, as you discussed earlier, that Nokia is buying and Q is allowing Nokia "to save face".
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