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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: LBstocks who wrote (48776)	11/10/1999 1:47:00 AM
From: LBstocks	Respond to of 152472

QUALCOMM Appoints Leo Zhang General Manager of China Office BEIJING, Nov. 10 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced it has appointed Leo Zhang as general manager of QUALCOMM China. Based in Beijing, Zhang will provide strategic direction and manage operations for QUALCOMM's activities in China and work closely with QUALCOMM's Chinese partners. "Mr. Zhang's regional and industry experience will strengthen our efforts to bring CDMA digital technology to the region and assist China in fulfilling its telecommunications goals for the next millennium," said Anil T. Kripalani, senior vice president of standards planning and international administration for QUALCOMM. "His experience in terrestrial and satellite-based communications will help promote the deployment of CDMA technology in China, a country with great demand for leading-edge wireless communications." Zhang brings many years of industry experience to his position as general manager. He most recently served as director of commercial operations for Alcatel China Holding Ltd., where he was responsible for overseeing day-to-day operations for Alcatel China. Previously, he served as regional vice president and general manager for Greater China, Cellular Infrastructure Division for DSC Communications Corporation in Beijing and as director, business development for Greater China for Motorola Space System Technology Group in Phoenix, Ariz. He has also managed network engineering and strategic planning for Bell Northern Research. Zhang was born and grew up in Beijing, China and received a bachelor's of science degree in engineering from Qinghua University. Zhang later came to the United States for further education and received a master's of science degree in management of telecommunications from North Carolina State University at Raleigh. QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS(R) and portions of the Globalstar(TM) system. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE 500(R) company traded on the Nasdaq under the ticker symbol QCOM. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely product development, the Company's ability to successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis, and those related to performance guarantees, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 26, 1999, and most recent Form 10-Q. QUALCOMM and OmniTRACS are registered trademarks and OmniTRACS is a service mark of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. All other trademarks are the property of their respective owners. SOURCE QUALCOMM Incorporated /CONTACT: Christine Trimble, Corporate Public Relations, 858-651-3628, fax 858-651-2590, ctrimble@qualcomm.com, or Julie Cunningham, Investor Relations, 858-658-4224, fax 858-651-9303, jcunningham@qualcomm.com, both of QUALCOMM Incorporated/

To: LBstocks who wrote (48776)	11/10/1999 2:00:00 AM
From: LBstocks	Respond to of 152472

CDMA Korea news> MIC reviewing ways to utilize frequency returned by SK Telecom A review is underway on how to use the 2.5MHz frequency which will soon be returned by SK Telecom to the government, as the wireless carrier switches completely to CDMA mode, terminating its analog service at the end of the year. The additional 2.5MHz frequency was allotted to SK Telecom in November 1995 as the company sought to launch a commercial CDMA service on condition that it return the frequency when the switch to CDMA mode was completed. While it is almost certain that the growing demand for wireless phone services will result in the frequency being used for mobile telecommunication, competition for the frequency is known to be keen. As well as Shinsegi Telecomm, market leader SK Telecom is also eager to get its hands on the frequency claiming that it will run out of room in 2001 as its subscriber base continues to grow, said the Ministry of Information and Communication yesterday. In response, the ministry has formed a special task force charged with coming up with a plan to maximize efficiency of the returned frequency. The team is expected to produce a plan by the end of the year that will both maximize efficiency and ensure fair competition. The plan will be used to establish a set of standards for frequency allocation, the ministry said. Updated: 11/10/1999

To: LBstocks who wrote (48776)	11/10/1999 2:03:00 AM
From: LBstocks	Respond to of 152472

Korean royalties paid to QCOM> Frequent handset switching fuels environmental concerns Frequent switching of mobile handsets driven by wireless carriers' handset subsidies and short intervals between the introduction of new models by handset manufacturers is causing environmental damage and artificially shortening handset life-span. Subsidies have made mobile handsets virtually free when people sign up for services, as companies are engaged in cut-throat competition to boost their subscriber base. In fact, the country's five wireless operators have spent over 5.08 trillion won from 1996 through the first half of this year in handset subsidies, according to the Ministry of Information and Communication and industry sources. Some customers falsely report their handsets missing or switch from operator to operator in pursuit of the latest model, because the initial joining fee is relatively cheap and handsets are almost free. Leading handset manufacturers fuel the fire by releasing new models in short intervals and make the new models incompatible with older batteries. The unused handsets that are abandoned in favor of newer ones lie in waste along with the batteries although they are still in good condition, leading to concerns that they cause damage to the environment. The industry estimates that there are more than two million handsets that have been put out of use prematurely and that the figure could reach more than five million next year. Frequent changing of mobile handsets also costs hard-earned cash. Handset manufacturers pay Qualcomm 4,000 won in royalties for each handset they put out, and the cost of imported parts, about 147,000 won, constitute 42 percent of the manufacturing cost. Production of mobile handsets last year, which totaled 10 million units, led to some 1.84 trillion won leaving the country in royalties and as payment for imported parts. The figure for this year is estimated at 2.25 trillion won with some 14 million units being produced. To prevent environmental damage and the drain on funds, the wireless operators should cut back on handset subsidies and make consumers aware that handsets are not free, industry observers point out. The handset manufacturers should also come up with models that can be used with batteries from older models and thereby reduce damage to the environment, urge consumer groups. Updated: 11/08/1999