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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: Steve168 who wrote (24001)6/21/2002 1:27:23 AM
From: waitwatchwander  Read Replies (1) of 197028
 
How Can China Catch the Huge Opportunity of 3G

hoovnews.hoovers.com

CHINA, June 21, AsiaPort -- Currently, global 3G tide was cooling down, which mainly resulted from the followings:

1, The 3G technology was still in experimentation, not fully developed.
2, Lack of content and application.
3, The mobile phone SMS business diluted the 3G's enthusiasm.
4, The development of 3G also faced the dilemma of disunified standard.

Currently, the global 3G mobile business center was transferring to Asia, especially to China, China should seize upon the opportunity to develop 3G market and to issue 3G license.

China now had 0.15 billion mobile phone subscribers and which still multiply at an annual growth rate of 60 million. Chinese 3G market scale would reach 1000 billion yuan approximately. Moreover, international telecommunication operators also coveted Chinese 3G market.

Chinese 3G market had huge potential, the formal initiation of several 3G network would demand for construction investment of 200 billion yuan, which would contribute tremendously to the growth of national economy.

The key point of Chinese 3G development was to develop Chinese own 3G standard. Right at the moment when the WCDMA and CDMA2000 was put off, China should press ahead to develop Chinese own 3G standard --TD-SCDMA.

In conclusion, to accelerate the development of 3G market would foster the development of domestic 3G industry, and would further shorten the lap between domestic enterprises to multinationals.

Copyright 2002. All Rights Reserved.

Financial Times Information Limited - Asia Africa Intelligence Wire

Copyright © 2002 Financial Times Limited, All Rights Reserved
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