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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.37-2.7%11:37 AM EST

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To: waitwatchwander who wrote (13664)8/13/1998 1:48:00 PM
From: bananawind  Read Replies (2) of 152472
 
Northforce... You are right, Panatech was the previous MOT announcement. A search of Q's website under Telson turned up the license agreement below. I think the important point is that MOT seems to have turned to both of these players in order to get some phones out using QCOM ASICs. Have not confirmed this, but that is how it appears to me.
-JLF

SAN DIEGO -- October 28, 1997 -- QUALCOMM Incorporated (NASDAQ: QCOM)
today announced that it has entered into a Code Division Multiple Access (CDMA) subscriber
license agreement with Synertek of Korea. Synertek is a joint venture company of Korea's
Hexxim Teletek, Inc., Telson Electronics Co., Ltd., Standard Telecom Co., Ltd. and Sewon
Co., Ltd. Under the terms of the multi-million dollar, royalty-bearing agreement, the joint
venture partners will manufacture, market and sell subscriber products for wireless
applications, including Personal Communications Services (PCS) and wireless local loop, using
QUALCOMM's proprietary CDMA technology and patents.

"With their established relationships and aggressive plans to enter the cdmaOne market, we
expect Synertek's joint venture partners to make significant contributions in the cdmaOne
marketplace," said Steve Altman, senior vice president and general manager of
QUALCOMM's Technology Transfer Division. "We look forward to working with Synertek
and its joint venture partners as they begin to participate in this rapidly expanding worldwide
cdmaOne market."
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