SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GO*QCOM who wrote (321)6/12/2000 1:16:00 AM
From: GO*QCOM  Read Replies (2) of 343
 
Qualcomm CEO expects China Unicom to use 3G CDMA
HONG KONG, June 12 (Reuters) - Irwin Jacobs, chief executive officer of digital wireless company Qualcomm Inc (NasdaqNM:QCOM - news), said on Monday he expects China Unicom, China's number two telecoms provider, to use Qualcomm's 3G CDMA technology but was unclear when.

Referring to Qualcomm's third generation CDMA standard, he told Reuters in an interview: ``My guess is that it will be (Qualcomm's) 1X that they do select.''

On the timing of deployment of 3G CDMA, he said: ``That's up to them, obviously, but the manufacturers are clearly getting ready for that.''

Last week, Qualcomm announced technology sharing agreements with eight Chinese manufacturers to develop CDMA-based products.

Qualcomm won an agreement in February to build a wireless network for China Unicom, but the deal was quickly put on hold by the Beijing government.

Early this month, China Unicom said it was scrapping plans to use current-generation CDMA technology, opting instead to stick with its European GSM network. It said it would use Qualcomm's CDMA, or code division multiple access, for later-generation systems.

Qualcomm's China woes have contributed to a precipitous drop in the firm's stock, which peaked in January at US$200 and closed on Friday at US$79-1/16.

E-mail this story - View most popular stories e-mailed

--------------------------------------------------------------------------------
More Quotes and News: Qualcomm Inc (NasdaqNM:QCOM - news)

--------------------------------------------------------------------------------
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext