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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.01

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Nov 14 3:59 PM EST

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To: Ramsey Su who started this subject	7/27/2000 1:39:10 PM
From: mightylakers	Read Replies (2) of 196656

Anybody thinks Korea got hit by a hardball? Qualcomm will not directly participate in 3G license bid Qualcomm has no intention of becoming embroiled in the competition for IMT-2000 license here, although it has been asked to participate in a consortium bidding for one of the three available licenses. "The competition between the four contenders will be a very fierce one and we do not intend to participate in any consortium led by service operators," said Kim Sung-woo, managing director of Qualcomm Korea. Confirming that it had been formally asked by the Korea IMT-2000 Consortium to participate as a consortium member, Kim said that for now Qualcomm sees no compelling reason and that the matter has been put on hold. "We've not made an official response yet," Kim said. "Qualcomm is a technology firm and with the upcoming development of chipset that can support roaming between GSM (global system for mobile communication) and MC 1x networks, we have no reason to be concerned whether Korean operators decide to adopt our cdma2000 technology or W-CDMA (wideband code division multiple access)," Kim explained. But he added Qualcomm may consider participating in a consortium if it is invited by Samsung Electronics or Hyundai Electronics Industries. Meanwhile, Korea IMT-2000 Consortium which had said from the beginning that it will deploy W-CDMA service changed its position, declaring that it remains flexible on the issue. The shift seems to have been prompted in part by its desire to have Qualcomm participate in the consortium and in part by its need to look favorable in the government's eyes as it is widely considered an underdog in the race dominated by incumbent players. Although the government has said that it will not meddle in the standard issue, it is giving indications that it willing to give firms incentives to deploy cdma2000, according to industry sources. The issue of technology standard for the third-generation mobile telecom is a thorny issue that could potentially be an embarrassment for the government. Although Korea was the first country to roll out commercial wireless service based on the CDMA technology developed by Qualcomm, all four bidders for the three 3G licenses have declared that they would like to deploy the rival W-CDMA service because of the market potential. While W-CDMA is expected to carry 80 percent of the global market, the market for cdma2000 is expected at only 20 percent. koreaherald.co.kr

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