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

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: Ibexx who wrote (19884)	3/4/2002 5:21:24 PM
From: Caxton Rhodes	Read Replies (1) of 197248

Beijing may settle world's mobile future RELATED SYMBOLS: (QCOM)(CHU) Mar 5, 2002 (The Australian Financial Review - ABIX via COMTEX) -- A commitment to business in China has paid off for San Diego-based technology group, Qualcomm. In the lead-up to China's accession to the World Trade Organisation, the Chinese Government required one of its two mobile telephone companies to set up a new network, using Qualcomm technology. China Unicom's code division multiple access (CDMA) cellular network began operations earlier in 2002. By 31 January 2002, it had signed up 439,000 subscribers. However, sources indicate that Unicom may not be totally committed to its new CDMA technology. Only 30 per cent of the world mobile phone market uses CDMA, with the rest of the world using the global system for mobile communications (GSM) standard, developed in Europe.

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