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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 156.34

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To: bananawind who wrote (10994)	6/1/1998 11:29:00 AM
From: bananawind	Read Replies (1) of 152472

All... Looks like we will be seeing at least two more W-CDMA license agreements before too long... M'bishi, SK Telecom jointly develop phone chip Reuters Story - June 01, 1998 05:51 %JP %ELC %ELI %KR %TEL %DPR 6503.T V%REUTER P%RTR TOKYO, June 1 (Reuters) - Mitsubishi Electric Corp said on Monday that it and SK Telecom Co Ltd of South Korea had jointly developed an integrated circuit for next-generation W-CDMA cellular telephones. W-CDMA (Wideband code division multiple access) is expected to become the world standard for next-generation cellular phones, as Japan, South Korea and Europe are all likely to adopt the system. Mitsubishi said the chip would supplied to users in South Korea, Japan, Europe and the rest of Asia. SK Telecom would field test a new handset using the new chip in 1999, it said.

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