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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 169.27-4.8%3:59 PM EST
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To: benhorseman who wrote (66007)7/10/2007 7:40:40 PM
From: quartersawyer  Read Replies (2) of 197175
 
We do expect continued growth of our business in China, driven by demand from Chinese companies like Huawei and ZTE

Misleading. The demand from those licensees is global not domestic. This article is at best about increasing CDMA market share for Chinese vendors, not Chinese consumption. Assuming the 7% bit is expired, which vendor fulfills the demand is a wash.

China accounted for 17 percent of Qualcomm's sales of $7.53 billion for the year. That's certainly not handsets sold to Chinese. This whole article is muddled.
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