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To: Ruffian who wrote (66269)	2/8/2000 10:30:00 AM
From: LBstocks	Respond to of 152472

Samsung to export wireless Web solutions to Israel Samsung Electronics has agreed with an Israeli mobile carrier to provide its wireless Internet solutions and mobile handsets based on CDMA (code division multiple access) technology. The contract, estimated to be worth at least $250 million, will help enhance the company's already strong presence in Israel and boost its foray into other wireless markets including China and Latin America, a company spokesman said. Under the deal, Samsung will provide Pele Phone, Israel's No.1 wireless phone service provider, with solutions for AnyWeb, which allows mobile phone users to have access to the Internet on the move. Pele Phone will jointly deploy AnyWeb service with a subsidiary of Suny Telecom, Samsung's main business partner in the nation. Samsung will receive initial royalties of $1 million, with additional payments depending on the number of subscribers. The contract marks the first for Korean wireless Web technology to be exported, while other local mobile firms are using foreign-developed solutions, he said. In a related contract, the leading Korean electronics firm will ship $250 million worth of CDMA-based handsets to Israel over the next three years. Samsung's share of Israel's mobile phone market reached 70 percent, with shipments estimated at more than 450,000 units, at the end of 1999, just a year after it entered the market. The company's products also topped a recent consumer survey in Israel beating mobile giants Nokia, Motorola and Ericsson, attributable mainly to their fresh design and full compliance with the Hebrew language. AnyWeb, using a leaner version of the widely used Internet language HTML (hypertext markup language), was jointly developed by Samsung and local venture companies AINET and WebPlanet last year. It enables users to access a wide spectrum of services on the Internet, such as news and weather reports, ticket reservations, stock quotes, and banking, through Samsung's mobile phones. Updated: 02/09/2000 by Hwang Jang-jin Staff reporter