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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (216)5/2/2000 8:23:00 AM
From: GO*QCOM  Read Replies (1) of 343
 
SEOUL, May 02, 2000 (AsiaPulse via COMTEX) -- Korean firms are engaged in heavy competition to break into Taiwan's CDMA market.
Taiwan's state-run communications enterprise Zhonghua Dianxin will replace its present analog standard with CDMA and conduct the first bid within this month, the Information and Communication Ministry said Tuesday.
The company will adopt CDMA standards while using its present GSM standard in preparation for the IMT-2000 market in the future.

Samsung Electronics, LG Information and Communications and Hyundai Electronic Industries are in harsh competition for the bid with Lucent Technology, Motorola and Ericsson.

Zhonghua Dianxin will continue to set up communications facilities through private contract with the winner in the first bid.

Thus the CDMA standard has spread to China, Vietnam and Taiwan, and Indonesia is also reportedly examining a plan to introduce it.

The ministry is examining a plan to support Korean companies exporting domestic CDMA technologies and terminals to overseas markets.

It will also help component companies and small and medium-sized terminal manufacturers advance to overseas markets accompanying the large-sized companies if the large firms win in the bids.

The number of CDMA mobile phone subscribers in Taiwan is expected to reach 1.6 million and the market is estimated at US$330 million.

(YONHAP)

(C) 2000 Asia Pulse Pte Ltd
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