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

QCOM 161.39

-1.9%

Jan 15 3:59 PM EST

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To: ASB who wrote (27398)	10/3/2002 12:23:21 AM
From: kech	Read Replies (1) of 197227

ASB- When I go to the english version of the paper all I see is the same article that was posted this morning by Slacker. The title of yours is slightly different though - with China to Build 450 Mhz as title. Is the one you are referring to different with some different (and more up to date) interpretation of events? Tom Here is slacker's... Message 18061807 Here it is in full text: Telecommunications Firms Fight for Chinese Investment by Kim Hee-seop (fireman@chosun.com) China is planning to spend about US$1 billion on expanding its mobile telecommunications network and Korean telecommunication equipment manufacturers, in addition to global players, have been in heated competition to obtain part of the investment project. Sources said Wednesday that the Chinese government plans to sell to private investors the rights to the 450 megahertz wavelength, aiming at building up a mobile telecommunication network for 20 million CDMA service lines in the first phase of the project. Major Korean and international manufacturers have been refining their development of the related equipment and trial services. Currently, CDMA telecommunications equipment on a 450 megahertz wavelength is produced by Korea’s Hyundai Syscomm, a former division of Hynix Semiconductor that made third-generation (3G) equipment, and Lucent Technology of the United States. Korea’s two electronics giants, Samsung Electronics and LG Electronics, are in the last stage of developing 3G telecommunications equipment. Hyundai Syscomm, the domestic market leader for 3G equipment, has been testing its own equipment in China jointly with China Netcomm, the firm run by Jiang Mianheng, the eldest of Chinese Premier Jiang Jemin.

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