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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.12-1.8%Dec 16 3:59 PM EST

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To: waverider who wrote (76371)7/12/2000 2:31:31 PM
From: Jacob Snyder  Read Replies (1) of 152472
 
It is not efficient to develop, in parallel, several different standards. Ideally, before a lot of money gets spent on infrastructure, the world could agree on one standard. However, these decisions get made partly on their technical merits, partly by political and turf war considerations. Once a powerful player has committed to something, that decision has a certain inertia, and there has to be a large advantage to switching. If cellphones are developed that can handle several standards (at a cost not too much higher than single-standard phones), then there may never be global standardization, even if that would be the most efficient solution.
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