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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (887)	3/30/1999
From: Brian K Crawford	Read Replies (2) of 54805

<< The Q did not sell their handset business. They sold their infrastructure business.>> Mike, you are correct. That was my error. Link to full Press Release is below, with an excerpt describing QCOM business lines, post sale. I have gone from celebrating their exit from the handset business, to wondering: Will QCOM net more manufacturing a complete phone than they would receive on the royalty when one of the big 3 builds it? Are there strategic reasons they need to remain in the handset biz? Brian Ericsson Press release: go2net.newsalert.com Excerpt: "With the resolution of 3G and the cross-licensing of our patents, QUALCOMM and ERICSSON have paved the way for the expansion of global CDMA-based wireless communications," said Dr. Irwin Mark Jacobs, chairman and chief executive officer of QUALCOMM Incorporated. "ERICSSON's purchase of our infrastructure division underscores its commitment to CDMA, and allows ERICSSON, one of the world's leading telecommunications equipment manufacturers, to expand its CDMA capabilities. QUALCOMM can now focus on its core businesses, including CDMA phones and chip sets, the Globalstar and OmniTRACS systems and new opportunities in digital cinema, wireless data and Eudora web products and services."

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