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Technology Stocks : Gemstar Intl (GMST)

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To: NY Stew who wrote (2102)2/27/2000 5:03:00 PM
From: Teflon  Read Replies (2) of 6516
 
Stew, Didn't know if you saw this, but I thought this was interesting...

quote.bloomberg.com.

Sony, Toshiba, 14 Others Adopt Qualcomm Standard, Nikkei Says

By Neha Kumar

Tokyo, Feb. 27 (Bloomberg) -- Sony Corp., Toshiba Corp. and 14 other electronics makers worldwide will use technology developed by U.S.-based Qualcomm Inc. that allows mobile phone users to access the Internet at high speeds, the Nihon Keizai newspaper reported without citing sources. The Qualcomm system enables users to send and receive data across the Internet 32 times faster than by using fixed integrated services digital network lines and does not require the use of costly fiber optic networks. The 16 companies, which include U.S.-based Lucent Technologies Inc., plan to urge the International Telecommunications Union to recognize the technology as a global standard within this year, the report said.

Toshiba on Feb. 21 said it aims to broadcast in Japan music and movies held by America Online Inc. and Time Warner Inc. in Japan on digital satellite and cable television.


Teflon
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