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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 165.07-1.0%3:59 PM EST

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To: foundation who wrote (20222)3/13/2002 8:04:47 AM
From: Dennis Roth  Read Replies (1) of 196667
 
Sour Grapes
From library.northernlight.com
Haier Grop is not receiving orders for CDMA handphones, South China Morning Post reported citing executive vice-chairwoman Yang Mianmian.

"There are no orders for CDMA handsets. I believe China Unicom does not have orders as well," she said

Haier is one of the 19 licensed manufactures of CDMA handsets. It has an annual production capacity of 5 mln CDMA handsets.

Yang said the company had so far only produced "a few hundred" CDMA handsets for China Unicom to test its network.

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China Unicom tests Haier handsets and doesn't order any more. So Haier says Unicom doesn't have orders for CDMA handsets. There are 19 licensed manufactures of CDMA handsets but 19 will not get orders. The losers will say there is no market demand for CDMA. JMO DPR
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