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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 164.53-0.4%Jan 14 3:59 PM EST

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To: brian h who wrote (5167)12/4/2000 1:01:38 AM
From: brian h  Read Replies (1) of 197214
 
Qualcomm Says China Backs Use of its Technology by China Unicom
By Thomas Lau

Hong Kong, Dec. 4 (Bloomberg) -- Qualcomm Inc. said it has won China's backing for an agreement with China Unicom Ltd., the country's second-largest mobile-phone company, to develop a nationwide network based on the U.S. company's technology.

China's Ministry of Information Industry, which is responsible for formulating China's information industry policies, gave the approval in a memorandum of understanding signed today, the Qualcomm said in a news release.
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