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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 3:59 PM EST

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To: Valueman who wrote (25633)3/31/1999 10:11:00 AM
From: Ruffian  Read Replies (1) of 152472
 
Brazil Will Be Kept>

3/30/99 - Brazil: Qualcomm, Ericsson to expand local production

The world agreement of Qualcomm and Ericsson will not affect the production capacity of cellular telephone equipment in Brazil.
Qualcomm, that is a partner in the Canbra consortium that is to operate competing telecoms with Tele Centro Sul, and is in the
tender to compete with Telesp will negotiate with Ericsson the local production of radio stations. The Qualcomm 's cellular
telephone equipment plant started up by Flextronics in Alphaville, Sao Paulo in 1998 will be kept. The facility has an output of
25,000 units per month, and is to add a new production line increasing capacity to 35,000 units py.

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