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


To: Ruffian who wrote (56849)12/27/1999 9:16:00 AM
From: Jill  Read Replies (1) | Respond to of 152472
 
Same thing from CBS Marketwatch:

Kyocera rallies; Sony takes a breather
Seoul's blue chips down; Taiwanese chipmakers strong

By Mariko Ando,CBS MarketWatch
Last Update: 5:11 AM ET Dec 27, 1999 Worldmarkets

TOKYO (CBS.MW) -- Shares of Kyocera powered ahead for a second straight day, but Sony snapped a 10-session winning streak on Monday. The consumer electronics giant announced a share split after the Tokyo market closed.

Despite the rise in Seoul's key stock index, South Korean blue chips fell. Taiwan tech stocks surged in a year-end rally. Hong Kong and Australian markets were closed.

-- Kyocera Corp. (KYO: news, msgs) jumped 1150 yen, or 5.9 percent, to close at 20,500. The shares earlier in the day hit a record high of 21,300.

U.S.-listed shares of Kyocera
Kyocera, the world's largest maker of ceramic packaging for semiconductor chips announced last Friday that it plans to buy Qualcomm Inc.'s (QCOM: news, msgs) wireless-phone business. The deal gives Kyocera a foothold in the North American market for digital mobile devices, and commits the company to buying chips and software from Qualcomm for five years.



To: Ruffian who wrote (56849)12/27/1999 9:29:00 AM
From: Keith Feral  Read Replies (3) | Respond to of 152472
 
QCOM made the comment that the purchaser of the handset division had the option to keep QUALCOMM's name on the cell phones. Does anyone know if Kyocera is going to take advantage of QCOM's brand recognition? Or will they make the phones with Kyocera's logo?