Qualcomm Moderated Thread - please read rules before posting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ramsey Su who started this subject	4/20/2001 2:49:43 PM
From: Caxton Rhodes	Read Replies (2) of 197156

Korea, China to strengthen CDMA cooperation Korean Information and Communication Minister Yang Seung-taik met with Chinese Prime Minister Zhu Rongji yesterday to discuss ways to boost bilateral cooperation in the CDMA (code division multiple access) industry, officials here said yesterday. The Korean minister visited China and Mongolia April 15-19 in his capacity as a presidential envoy to promote sales of the nation's CDMA technology. According to the Ministry of Information and Communication, Minister Yang delivered a personal message from President Kim Dae-jung to the Chinese premier at the meeting. In the letter President Kim expressed his desire that cooperation between the two countries in the CDMA field be expanded. Officials said that Zhu expressed gratitude to President Kim for taking such a keen interest in Korea-Chinese industrial cooperation and predicted that the bilateral cooperation in CDMA would proceed smoothly. Zhu reportedly hinted that he would support the Korea-Chinese CDMA cooperation by saying that in order for China's mammoth CDMA project to attract more than 60 million subscribers Korean participation would be essential. He also promised full support to the construction of a "Trans-Eurasia (Europe to Asia)" information network, proposed by President Kim last year during his visit to Europe. Following Zhu's promise to lend support, domestic telecom-equipment makers such as Samsung Electronics and LG Electronics received a boost on expectations they would be able to advance into the world's largest CDMA market. Currently, Korea produces more than 40 percent of the world's mobile handsets and 10 percent of mobile systems. The Chinese CDMA market, estimated to be worth over $500 million including handsets, systems and parts, is expected to provide a shot in the arm for the domestic industry, which is now suffering as the domestic market reaches maturity and as a result of the global economic slowdown. (hsshine@koreaherald.co.kr By Shin Hye-son Staff reporter 2001.04.21

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next