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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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To: slacker711 who wrote (72332)5/24/2000 3:27:00 PM
From: JohnG  Read Replies (2) of 152472
 
QCOM Ships 100MM cumulative ASICS
JohnG

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5/23/00 - Qualcomm passes 100 million MSM chipsets shipped

SAN DIEGO, May 23 (Reuters) - Mobile phone technology company Qualcomm Inc. (QCOM .O) said
Tuesday it had shipped more than 100 million Mobile Station Modem (MSM) chipsets and software,
passing a major production milestone.

The company said in a statement that the landmark showed the sharp growth in production of MSM
chipsets since 1996, when less than a million chipsets were shipped.

Chipsets are the sets of microprocessors that make mobile phones work. Qualcomm's code division
multiple access technology is at the forefront of a new generation of phones.

Shares in Qualcomm, among Wall Street's highest fliers last year, have fallen sharply from a record
close of 179 in January. The stock closed Monday at 88-5/16.

Rtr 09:30 05-23-00
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