QUALCOMM-The Wireless Wonder in 1999 Message Board

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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (316)	6/9/2000 12:32:00 PM
From: GO*QCOM	of 343

From Bloomberg.com 6.9.2000 CDMA Development's Yen on China Unicom's CDMA Plans: Comment By Linus Chua Singapore, June 9 (Bloomberg) -- The following is a comment by Terry Yen, director of Asia Pacific projects at the CDMA Development Group in the U.S., a trade group representing the CDMA industry. CDMA stands for code-division multiple-access technology, the fastest-growing mobile phone technology in the U.S. Yen was responding to questions on reports that China United Telecommunications Corp.'s plans to delay building its CDMA network for two years. China United Telecommunications, commonly know as China Unicom, is the country's No. 2 phone company. CDMA was developed by Qualcomm Inc., which makes semiconductors based on its technology and gets royalties on licenses. ``Some of the reports have been second, third hand. We like to go directly to go to the source and they've assured us that their CDMA plans are still on track. I can say that Unicom has informed us that their position on CDMA hasn't changed over the past few months. The signals they've given us is they're still planning to deploy CDMA in spite of what the media reports say.''

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