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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 148.86+1.1%1:15 PM EST
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To: Dennis Roth who wrote (78)6/29/2000 9:10:00 AM
From: Dennis Roth  Read Replies (1) of 197519
 
Korea expected to take 10 percent of global GSM handset market by 2002

etnews.co.kr|03

A global leader in the CDMA(code division
multiple access) mobile phone market, Korea is
also emerging as a power house in GSM(global
system for mobile communication) handsets.

Industry sources said Samsung Electronics,
Maxon Electronics, Sewon Telecom and LG
Information & Communication are moving to
take a larger share of the GSM market, switching
to the production of high-end handsets.

Analysts predict these firms will export a total
of 20 million GSM handsets within two years,
and the volume will expand to 30 million units
after they enter the Chinese market, which will
give them 10 percent of the global market.

Samsung, which exported about 6 million
GSM handsets last year, expects to export 7
million to 8 million units this year, 3.8 percent of
the global demand, and Maxon, which began
manufacturing high-end dual-band GSM
handsets this month, expects to export 5 million
GSM handsets in 2000.

Sewon has entered a three-year contract to
supply 3 million GSM handsets to Vitelcom of
Spain. It has also signed a contract to provide the
Ausralian firm Voxson with 500,000 handsets
this year.

Having developed a chipset for GSM handsets,
Standard Telecom is in talks to supply a
European company with 600,000 GSM handsets
this year and 1 million annually afterward. LG
I&C intends to export 3 million GSM handsets
next year.


Date : 2000.06.29
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