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

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: Ramsey Su who started this subject	3/6/2002 10:11:59 PM
From: JGoren	Read Replies (2) of 197146

China Unicom says to buy 500,000 CDMA handsets BEIJING, March 7 (Reuters) - China Unicom Group plans to buy 500,000 CDMA phones to bolster what has been a slow rollout of its new CDMA-standard network, Wang Jianzhou, president of the company and its Hong Kong listed unit China Unicom Ltd <0762.HK>, said on Thursday. "In order to remove manufacturers' worries about the CDMA market, we decided to buy direct from the manufacturers 500,000 handsets in March," Wang told a conference on CDMA technology in Beijing. The launch of Unicom's network using the CDMA technology developed by San Diego-based Qualcomm Inc <QCOM.O> has been slowed in part by a shortage of phones in China. 21:49 03-06-02

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