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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999
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To: GO*QCOM who wrote (141)3/20/2000 7:27:00 AM
From: GO*QCOM  Read Replies (3) of 343
 
SEOUL, March 17 Asia Pulse - The Chinese government is
showing a positive response to the Korean advance into the
Chinese CDMA market.

Chinese Vice Premier Wu Bangguo Friday expressed deep
interest in Korean CDMA technologies during a meeting with
former Information and Communication Minister Namgoong Suek,
who visited China as a presidential envoy, ministry officials
said.

Wu said Korean mobile phone makers are at the cutting edge
of CDMA systems and terminals and he hopes China can learn much
through cooperation with Korean CDMA companies.

Bilateral cooperation is necessary for each country's
economic development as Korea has a high level of CDMA
technologies while China has large human resources and market
potential, the Chinese elader said hinting at rosy prospects
for a Korean advance into the Chinese CDMA market.

Namgoong said Korea will make efforts to cooperate with
China on the CDMA mobile telecommunications industry.

He then delivered President Kim Dae-jung's message of hope
that Korean companies like Samsung Electronics, LG Information
and Communications, Hyundai Electronics and SK Telecom can
participate in China's CDMA market and contribute to the
development of both countries' industries.

Namgoong also met Chinese Posts and Telecommunications
Minister Wu Jichuan, Vice Secretary-General of the State
Planning Commission Zhang Buobao and China Unicom
President
Yang Xianzu to discuss cooperation plans.
(Yonhap)
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