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Technology Stocks : Samsung and Wireless

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To: Eric L who started this subject4/14/2003 10:13:18 AM
From: Eric L  Read Replies (1) of 374
 
Samsung's Own 1xRTT

>> Samsung to Sell Home-Built CDMA2000 Sets

Tim Marshall
CommsDay
14/04/03

Samsung, the South Korean technology giant fast developing as one of the world’s strongest providers of mobile phone technology, is set to make begin production of phones using its own CDMA2000 semiconductors, reducing its reliance on foreign manufacturers and potentially increasing its agility in the global handset market.

Now the third ranked mobile phone provider on a global basis and second for CDMA handsets, Samsung currently sources chips for use in its CDMA handsets from US-based Qualcomm. However, according to the Wall Street Journal today, the South Korean phone maker is set to release new devices containing its own CDMA2000 chips as early as this month.

While Samsung is yet to make any official announcement or confirm the WSJ article, the newspaper quoted people close to the situation stating that delivery was a matter of weeks away.

CDMA, the US-developed rival to the GSM mobile platform, has played a significant part in Samsung’s success in recent years with the company’s strong relationship with CDMA network operators in the burgeoning Chinese and South Korean mobile markets as well as the US helping bolster sales.

Rival phone handset maker Nokia said just a week ago that it would soon begin production of CDMA handsets using its own technology in the Chinese market, marking a clear shift in focus for the Finnish company to the Asian market.

For its part, Qualcomm says it is not worried by Samsung’s move, a spokesman telling the WSJ that its relationship with the South Korean company remained strong.

- Eric -
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