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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

3:59 PM EST

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To: James Connolly who wrote (31110)	5/26/1999 10:08:00 PM
From: Valueman	Read Replies (2) of 152472

Keep those cruise missiles handy: Local manufacturers have meanwhile announced advances in CDMA system design and production. Zhongxing Telecom (Shenzhen), China's first CDMA research unit, said it has designed a system based on its own intellectual property. Growing demand for handsets is also expected to created new opportunities for telecommunications manufacturers here and overseas. Major Chinese handset suppliers include Motorola, Qualcomm Inc. (San Diego) and South Korea's Samsung Electronics. Several local producers offer GSM handsets, and it is said they are interested in shifting to CDMA handset production. Industry experts here said some patents for CDMA handsets are held by Qualcomm. If patent issues are resolved quickly, they said, many Chinese manufacturers will jump into handset production. In that case, observers said it will create greater demand in China for new designs and CDMA chip sets.

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