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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: slacker711 who wrote (15786)10/15/2001 8:15:32 PM
From: slacker711  Read Replies (1) of 196568
 
Anyone heard of this?

Tuesday, October 16, 2001
Sharp To Invest In Soma Networks To Develop Wireless System

OSAKA (Nikkei)--Sharp Corp. (6753) and Soma Networks Inc. of the U.S. have agreed to develop next-generation high-speed wireless data communications systems and devices, sources close to the matter said Monday.

Soma Network's SOMAport technology is considered promising in offering low-cost broadband interactive data communications for homes. Sharp plans to develop SOMAport-compatible communications equipment for residential use, targeting the equipment's commercialization in the U.S. in 2003.

For the joint project, Sharp will invest several million dollars in Soma Networks, which has developed technology capable of sending 12mbps of text and audio data to homes and offices using W-CDMA cellular phone technology. The relay stations for such data transmission system can be built on rooftops. Although the data transmission speed is several times faster than that of asymmetric digital subscriber lines, there will be no cost for installing special lines


Several U.S. telecom firms will begin test-services based on the Soma Network's technology from early 2002.

To meet the expected increase in demand for the new service, Sharp plans to develop and produce transmission/reception devices and SOMAport-compatible personal computers and facsimile machines.

But it is considered difficult to transplant Soma Networks' technology to Japan due to government regulations covering radio waves.

(The Nihon Keizai Shimbun Tuesday morning edition)
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