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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: SKIP PAUL who wrote (26834)4/12/1999 10:54:00 PM
From: jpbrody  Read Replies (2) of 152472
 
Did anyone catch this at the end of the article that skip paul just posted:

In return for right to use Qualcomm's CDMA technology, Korean firms pay 5.25 percent of handset production costs and 6.0 percent of phone exchanges in royalties to the U.S. firm.

I didn't realize the royalty rate was common knowledge. What is "phone exchanges" supposed to mean?

--
Jim
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