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

QCOM 179.26

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Dec 15 3:59 PM EST

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To: foundation who wrote (7674)	2/23/2001 8:16:09 AM
From: foundation	Read Replies (1) of 196971

SK Telecom to Invest in HDR Business February 23, 2001 (SEOUL) -- SK Telecom Co., Ltd. said that it plans to begin an HDR service, a high-speed wireless data service developed in line with IMT-2000 wireless phone technology. Also, the company said it would start making relevant investments this year. HDR, or CDMA-2000 1X EV-DO (Data Only), is a wireless data transmission technology developed by Qualcomm Inc., which can process data at a maximum speed of 2.5Mbps. With the services to expand from data only to data and voice (EV-DV), it will allow users to make voice calls and also have access to high-speed wireless Internet services via wireless handsets. SK Telecom decided to invest in the HDR technology in 2001, but it hasn't pinpointed the investment amount or the exact period in which investments will be made, an SK Telecom official said. Meanwhile, Qualcomm said that it would release a sample chip used in HDR services during the third quarter of the year, and release a commercial product at year-end. (Maeil Business Newspaper, Korea)

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