Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon Koplik who wrote (23597)	3/1/1999 10:52:00 PM
From: Ruffian	Read Replies (1) of 152472

I Am Pretty Sure This Wasn't Posted> (and its good) Posted at 6:32 a.m. PST Monday, March 1, 1999 Qualcomm denies Chinese halted distribution of wireless technology SAN DIEGO (AP) -- Qualcomm Inc.'s wireless phone technology has hit ''a period of slow growth'' but the telecommunications company plans to expand in China, the company's founder said. Qualcomm founder and chairman Irwin Jacobs on Friday denied reports that distribution of its wireless phone technology in China has been halted by authorities there. The Wall Street Journal reported this week that Chinese officials imposed a moratorium on distribution of Qualcomm's code division multiple access (CDMA) digital phone system, which touts better security, longer battery life and clearer reception than other types of wireless service. In 1997, Qualcomm signed a $300 million deal with Great Wall Mobile Communications for wireless headsets using CDMA. The agreement raised concerns over whether U.S. technology may be aiding the Chinese military. Qualcomm officials have said Great Wall Mobile is simply one of a number of the Chinese military's moneymaking operations including investments in hotels, hospitals and restaurants. Since late last year, China's Ministry of Information Industry has allowed limited penetration of CDMA, with only 100,000 subscribers in that country. CDMA use has been the subject of bureaucratic infighting as Chinese authorities debate over the direction of the nation's future wireless phone standards. Factions of the Chinese government also have been trying to curb the military's commercial endeavors, observers said.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next