jorj, what do you think that this might do for QCOM? I had sold again.....I am hoping for a day trip with AMCC after buying a bunch at the end of the day today...tp
Eight Chinese Companies to Develop CDMA
WEDNESDAY, JUNE 07, 2000 9:53 PM - Xinhua News Agency
BEIJING (June 8) XINHUA - Eight Leading Chinese mobile communications equipment producers signed research and development agreements with the American Qualcomm Corp. on intellectual property rights of CDMA (Code Division Multi Address) to improve the localization of the technology. According to today's China Daily, the eight companies include Beijing-based Datang Telecom and Capital, Shenzhen-based Huawei Technology and Zhongxing Telecom, Hangzhou-based Eastcom, Jinan- based HiSense Group and Langchao group, Shanghai Lawton Technology Group.
As licensees of Qualcomm, the Chinese companies are expected to develop CDMA handsets and base station prototypes based on the IS- 95 A/B and 3G (third generation) 1X Multi-carrier standards.
The agreement also provides option to secure commercial licenses of such products at any time during the term of the research and development agreement, the paper said.
China Unicom, the second biggest domestic mobile communication operator, had planned to provide CDMA services this summer after the State Council authorized it last year to solely construct and operate a CDMA network in the country.
Qualcomm is said to be the biggest winner from the deal, which has long been interested in entering China, the Daily said.
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