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

To: Ruffian who wrote (4989)	1/10/2000 3:23:00 PM
From: Tomas	Respond to of 13582

Qualcomm, Hitachi ties up on non-voice com. system Reuters - January 10, 2000 14:37 NEW YORK, Jan 10 (Reuters) - U.S. telecom equipment maker, Qualcomm Inc. has linked up with Japan's Hitachi Ltd. on commercialization of a new two-way communication system that sends non-voice data to mobile terminals and also receives from them, The Nihon Keizai Shimbun (Nikkei) reported. Nikkei's Tuesday edition, citing no certain sources, said Qualcom developed the system, and the Japanese electronics maker will invest some 10 billion yen ($95 million) on setting up a domestic production line by year-end. According to Nikkei monitored here on Monday, both companies will conduct joint feasibility tests of a High Data Rate (HDR) system this summer.