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: nbfm who wrote (12478)	6/17/2000 2:02:00 AM
From: cfoe	Read Replies (2) of 13582

is there any indication in the Korean press which would confirm or refute any claims of a manufacturing slowdown The following has been said before on this thread, but is worth repeating. Reason Korean gov't. ordered end to subsidies was to reduce domestic cell phone purchases so more phones could be exported. Why? To improve balance of payments, and factories could not produce more. Samsung reported in late May they were running factory 24/7. Their annual plan called for 25 million units this year with a top of 30 million. Samsung spokesperson went on to say that closer to 30 million looked like the actual they will hit. BTW, he said 70+% of their phone production is CDMA; rest is GSM phones they recently began manufacturing for sale in Europe.

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