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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: quartersawyer	11/11/2005 6:36:54 PM
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Dr. I.M.Jacobs on rounds in India hindustantimes.com New Delhi, November 11, 2005 Pioneer of CDMA technology, Qualcomm Inc has said it would continue to invest in India to expand its two research and delivery centres in the country. "At present we have 200 people at the two centres and we continue to expand by hiring the right people," Qualcomm's co-founder and Chairman Irwin Mark Jacobs told newspersons last night after delivering keynote address at CII's CEO forum. Refusing to divulge the exact number of engineers that the company would add in India, he said it would depend on the number of quality people available. Jacobs said a large number of people would be required by Qualcomm as more CDMA networks were rolled out and SM operators move to providing third generation of mobile services using WCDMA technology. The company has two centres in India. Qualcomm's centre in Hyderabad is in to designing chipsets and developing software for chipsets. It also provides support to the operators deploying CDMA technology. The second centre of Qualcomm is in Mumbai and works on software. Jacobs said in the coming years all networks would shift to CDMA technology when operators deploy WCDMA technology to offer third generation of mobile services. "By 2010 more than half of the telecom equipment being shipped will be able to support third generation services," he said. "Apart from enabling high data transfer rates, the 3G technology also allows for more efficient use of spectrum for voice services. The cost of 3G handsets is coming down fast and this would also spur the adoption of the technology," he said. Jacobs said as the price of CDMA handset was matching price of GSM handsets, the number of CDMA subscribers would get a boost.

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