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

QCOM 165.98

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2:46 PM EST

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To: Mark Fleming who wrote (12957)	6/23/2000 10:31:00 AM
From: samim anbarcioglu	Read Replies (3) of 13582

<<SAN DIEGO - February 23, 2000 - QUALCOMM Incorporated (Nasdaq: QCOM) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Telson Information & Communications (I&C) Co., Ltd. of Seoul, Korea. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted Telson I&C a license under QUALCOMM's proprietary CDMA technology and patents to develop, manufacture and sell subscriber unit products for cdmaOne?, cdma2000? and High Data Rate (HDR) air interface technologies. The license also includes the rights to develop, manufacture and sell CDMA data modem cards for wireless data and voice applications.>> Ladies and gentlemen, this says here clearly that Telson will make CDMA ASICs under license from QCOM, and NOK will buy them and slap on their own API (Application programming Interface), and put them in their phones. Does anybody read this differently? NOK will buy Q ASIC through a Korean outfit. This of course will increase NOK's CDMA competence, as per their press release. regards to all, s.a. s.a.

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