The New Qualcomm - write what you like thread. Message Board

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Pastimes : The New Qualcomm - write what you like thread.

QCOM 138.47

-1.8%

3:59 PM EST

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To: Maurice Winn who wrote (3715)	10/31/2001 2:25:34 PM
From: Maurice Winn	Read Replies (1) of 12254

Speak of the devil: <Japanese electronics giant Toshiba confirmed it has won Chinese government approval to launch a mobile handset manufacturing joint venture in Nanjing with a local partner and Hong Kong-listed investment group Wong's International (Holdings). Toshiba president and chief executive Tadashi Okamura said in an interview late on Monday that the venture would start production next year of handsets using code division multiple access (CDMA) technology. A Toshiba spokeswoman in Tokyo identified the local partner as Nanjing Postel Telecommunication. It was not immediately clear whether the deal would be handled through a subsidiary of Nanjing Postel. "Fortunately, we could get the licence from the Chinese government for mobile phone manufacturing in Nanjing," he said. "We are setting up the facilities for manufacturing mobile phones with the Chinese company." ... > Mqurice

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