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

QCOM 152.21

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Jan 29 3:59 PM EST

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To: foundation who wrote (8027)	3/2/2001 7:40:33 AM
From: foundation	Read Replies (2) of 197427

Samsung to Buy 3 Generation Chipsets From Qualcomm Qualcomm Korea said yesterday that Samsung Electronics Co. will use its MSM5200 chipsets and systems software for its W-CDMA asynchronous IMT-2000 mobile telecommunications products. LG Electronics, Korea's second largest mobile phone manufacturer, is also negotiating with Qualcomm to use the U.S. company's parts in the making of its asynchronous IMT-2000 wireless phone. The local industry is worried that local wireless phone manufacturers will grow strongly dependent on Qualcomm in third generation IMT-2000 wireless phones as they have already built a strong reliance on Qualcomm parts in making cellular and PCS phones, considered to be second generation mobile communications technologies. The two companies together account for more than 70 percent of the local cellular phone market, and if both of them use Qualcomm's parts, the foreign firm's control of the local mobile phone market will become tighter. At a parliamentary inspection last year, opposition Grand National Party lawmaker Kim Hyung-o said local companies had paid $651.77 million in royalties to foreign companies for wireless phones and had spent $1.67 billion by last August to import core chips for CDMA manufacturing. jakenho@koreatimes.co.kr ragingbull.lycos.com

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