The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

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To: Ramsey Su who wrote ()	5/29/2000 7:53:00 AM
From: data_rox	of 13582

FOREIGN FIRMS COMPETE TO LOWER IMT-2000 ROYALTIES IN KOREA SEOUL, May 29, 2000 (AsiaPulse via COMTEX) -- Foreign firms with telecommunications technology patents such as Qualcomm, Nokia and Ericsson are competing to lower royalties. The Information and Communication Ministry said Monday that representatives from Ericsson visited Seoul last week and offered to lower royalties on core components to under 5 percent. Nokia also offered to charge royalties lower than that of Qualcomm, which has synchronous technology patents. Qualcomm also told the ministry that it will receive lower royalties than European companies from Korean IMT-2000 carriers. The ministry is reportedly considering asking the firms to lower their royalties to below 4 percent as the suggested royalties are only marginally lower than the present 5.2 to 5.7 percent. It may also help guide Korean companies in joint negotiations with the foreign companies to lower royalties. Representatives of Nokia and Ericsson will visit the ministry again for negotiations Friday. Qualcomm will reportedly send a high-level executive to Korea in the middle of next month for negotiations. The ministry will decide if the country will adopt CDMA 2000 (synchronous mode) or W-CDMA (asynchronous mode) as IMT-2000 standards after watching the royalty negotiations. (YONHAP) (C) 2000 Asia Pulse Pte Ltd

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