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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.04-1.2%11:19 AM EST

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To: Cooters who wrote (81493)9/25/2000 10:55:48 PM
From: Ruffian  Read Replies (1) of 152472
 
<By opening the market to several standards, the government may be trying to give
domestic phone makers an edge over foreign rivals such as Nokia Oyj and Motorola
Inc., which make nearly all of the GSM cellular phones sold in China.

Domestic makers such as TCL Communications Equipment Co. have difficulty procuring
components, let alone matching the designs and features found in the phones made by
bigger foreign rivals.

That may explain the move away from GSM, the dominant standard in China. The
Chinese government in August licensed five domestic companies to make CDMA
mobile phones. The five companies are Qiao Xing Universal Telephone Inc., Datang
Telecom & Technology Co., Zhongxing Telecom Co., China Putian Telecommunications
Co. and Huawei Communications Co. >

Looks like someone is taking the steak off the Euros plate.
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