Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (4896)	1/7/2000 1:15:00 PM
From: jackmore	Respond to of 13582

Chaz, Re: Ericsson's religious conversion I suffer many of the same doubts. I keep reminding myself of the repeated statements by Dr. J that their alliance with ERICY continues to go very well (don't have specific cites at the moment) and ERICY's need to support their large base of GSM customers. They have to play this thing both ways for now. I am trying to discount their cheeseball tactics of the past. I am also reminded of Chuck Colson's dictum that, "when you have them by the ba**s, their hearts and minds will follow." Best, jack

To: gdichaz who wrote (4896)	1/7/2000 7:45:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 13582

gdichaz, I did not remember that the Chinese were pushing Ericsson to get with CDMA. Do you think this had an impact on their decision to buy the Q's infrastructure division and settle with the Q generally? From my post on the G&K thread after researching Qualcomm last April: "Another reason Ericsson caved is because it needed CDMA to have greater access to China. They have a history of doing business with China and didn't want extended business to be thwarted by not having access to CDMA. That the first Chinese news about a CDMA network came so close to Ericsson's deal with Qualcomm is not a coincidence in my opinion." I don't know nearly as much about that stuff as some people here, but that was and remains my opinion based on all the reading I did. For the rest of that post: Message 8698546 --Mike Buckley

To: gdichaz who wrote (4896)	1/7/2000 11:16:00 PM
From: Michael	Respond to of 13582

Message 8537186 March 26, 1999 05:08 INTERVIEW-Ericsson in great leap forward in China By Matt Pottinger BEIJING, March 26 (Reuters) - Just days after fretting about its fortunes in China, a surprise deal with Qualcomm has given Ericsson pole position in the world's fastest growing mobile phone market, Ericsson's China chief said on Friday. "We see it as a major step forward out here," said Michael Ricks, the Swedish telecommunications company's China president. Ericsson was worried after China signalled it would allow Chinese telecommunications firms to build networks based on American CDMA technology. That is the rival to the GSM networks sold by Ericsson and other European firms, such as Finland's Nokia . "It's not good news, of course, if it happens," an Ericsson executive told Reuters earlier this week after word spread that China Unicom hoped to roll out a 40 million-subscriber CDMA network over five years. But Ricks said the situation flip-flopped with Ericsson's announcement on Thursday that it was buying the wireless network business of San Diego-based Qualcomm Inc -- the company that developed the CDMA standard. "We'll be able to sell into both" the CDMA (Code Division Multiple Access) and GSM (Global System for Mobile Communications) markets in China, he said. That would allow Ericsson to compete with CDMA equipment vendors such as U.S.-based Lucent Technologies and Motorola , Canada's Nortel and South Korea's Samsung, which are now vying for a piece of China's multi-billion dollar mobile phone market. The Qualcomm unit bought by Ericsson has already begun preliminary negotiations with China Unicom about selling CDMA equipment, a source familiar with the deal told Reuters. Ricks said the company would be ready to compete if Beijing gave the green light to CDMA. "In conversations that we've had with officials out here, I think they're also quite pleased with this move," he said. In 1998, China overtook the United States as Ericsson's largest market, with more than $2.8 billion in sales. Thursday's deal also settled a nasty legal battle between Ericsson and Qualcomm over patent rights that would have complicated the transition to the next generation of mobile phone technology. The two companies will now share royalties on CDMA handsets and equipment, and back a unified international standard for so-called third generation technology, such as video phones and hand-held wireless Internet browsers. Until now, it was expected that competition between CDMA and GSM would continue as the systems upgraded into slightly different third-generation technology. Ricks said the settlement of the patent issue would give consumers hand-held devices that operate on either standard. "They'll be able to have one phone in the future that roams between those different networks," he said. "It's great news for the whole industry. We're pretty happy about that." View Next 10 Messages \| Respond \| Previous \| Next Remove SubjectMark Ignore this Person View SubjectMarks QCOM: QUALCOM