Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 138.47

-1.8%

3:59 PM EST

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To: pcstel who wrote (109558)	12/16/2001 10:14:10 AM
From: Willie263	Read Replies (1) of 152472

Geez pc, this negative attitude of yours (or is that your's) is beginning to get to me... The good doctor (IJ) negotiated long and hard with the Chinese as we all know from the amount of time it took to reach an agreement. The low domestic royalty will 'jump start' CDMA phone production, and when China becomes an export powerhouse due to low labor costs, we will enjoy the increased royalties of 7.65% (I believe) on their exports. Did you notice when the Koreans were complaining about the Chinese royalty rates, they were offered the same deal as the Chinese and did not go for it. Must be a reason... Irwin negotiated a WIN-WIN agreement with the Chinese, which from my experience is very difficult to do. These increased export royalties will have a long lasting effect on QCOM's bottom line.

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