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

QCOM 182.19

+3.5%

Dec 10 3:59 PM EST

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To: John Biddle who wrote (32776)	2/24/2003 7:29:54 AM
From: John Biddle	Read Replies (1) of 196901

Government facilitates foreign investment vov.org.vn The Vietnamese government has pledged to welcome and create favorable conditions for foreign businesses investing in the country. Deputy Prime Minister Nguyen Tan Dzung made such the comments at a reception on Saturday for Dr Itwin Jacobs, president of Qualcomm Group, who was in the capital city to discuss potential collaboration with local enterprises. Dung briefed Jacobs on Vietnam’s socio-economic status and strategic development in the coming years, saying that the country places importance on the development of information technology and telecommunications to push up its industrialization and modernization. He hoped that Qualcomm will work with Vietnamese firms, particularly the Hanoi Equitised Telecommunications Company. Jacobs affirmed that, as one of the largest companies in its sector in the US, Qualcomm will assist local enterprises in Vietnam to develop their IT and telecommunications networks. The co-operation will comprise three programmes on building a CDMA mobile telecommunications network, producing mobile phone equipment and developing computer hardware and software.

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