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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 144.97-5.0%2:48 PM EST

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To: Ramsey Su who started this subject7/6/2000 2:35:05 PM
From: Dennis Roth   of 197493
 
Acer Peripherals obtains huge mobile phone order from AudioVox

news.cens.com

Taipei, July 5, 2000 (CENS)--Acer Peripherals Inc.
has obtained mobile phone orders from major
international manufacturers, and also recently signed
an OEM contract with AudioVox, a manufacturer in
the U.S., executives of the firm said Wednesday.

Acer Peripherals and AudioVox have signed the
contract for one year. Both sides will cooperate to
manufacture dual band mobile phones initially, but
expect to expand the production into CDMA (code
division multiple access) mobile phones in the future,
executives of Acer Peripherals said.

Previously, AudioVox ordered three million mobile
phones per year from Acer Peripherals. Due to the
limited production scale and shortages of key
components in the upstream industry, Acer Peripherals
can delivery only one million units within the year,
however.

In the past year, Acer Peripherals mainly churned out
mobile phones for Motorola under the OEM basis. The
Taiwanese firm also obtained other mobile phone
orders from NEC of Japan early this year.

As a major mobile phone distributor in the U.S.,
AudioVox's sales of CDMA mobile phones in both
U.S. and Central American markets have done well
over the past few years. The firm's CDMA mobile
phones are currently regarded as one of the three major
brands in the U.S. market.

AudioVox expects its sales of CDMA mobile phones
will reach 10 million units in 2000. This will help the
firm rank as one of the most important secondary
mobile phone manufacturer in the U.S., executives of
Acer Peripherals indicated.

In addition to the supply source of Acer Peripherals,
AudioVox also purchases its CDMA mobile phones
from Toshiba of Japan and Samsung of South Korea,
respectively. AudioVox decided to cooperate with Acer
Peripherals, thus moving its CDMA mobile phones
into Europe, especially Denmark and Bulgaria, in the
near future.

((CCK))
==========
The last line is a little weird. There no CDMA mobile in Denmark and Bulgaria.
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