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

To: r.edwards who wrote (66561)	2/12/2000 11:07:00 AM
From: r.edwards	Read Replies (1) \| Respond to of 152472

From Ruffian,2/12/00 - China-Qualcomm CDMA deal aids Korean players Feb. 11, 2000 (Electronic Engineering Times - CMP via COMTEX) -- SEOUL, SOUTH KOREA - Qualcomm Inc.'s framework licensing agreement with China Unicom unveiled in early February could also be a boon for South Korean equipment and service providers entering the Chinese market with code-division multiple access (CDMA) technology licensed from Qualcomm. China Unicom, China's second-largest state-owned telecommunications carrier, is expected to select equipment providers by the end of February. The South Korean government and industry each view Qualcomm's entry into China with a CDMA licensing deal as the key that will launch the success of the standard in Asia and begin the globalization of South Korea's CDMA industry. Domestic service and equipment providers have struggled to enter the Chinese market since 1998. South Korea was the first country to commercialize CDMA technology, and manufacturers said the China Unicom deal could open the way to greater exports of mobile telecommunications equipment. South Korean manufacturers are especially keen to dominate the mobile handset market, the key segment of the CDMA industry. They also see a partnership with China Unicom as a way to strengthen relationships with Chinese customers, leading to greater exports of CDMA services and equipment. Already, Shinsegi Telecom, a South Korean mobile handset operator, has agreed to transfer its international automatic roaming and system operating solutions to China Telecom. Mobile service in China LG Information & Communication, a domestic equipment maker, has also begun to provide commercial mobile handset service in Guangzhou, China. LG said it set up a joint CDMA wireless local-loop production and sales company in Guangzhou, called LG-TOPS Communication Technologies Co. The company is now looking for another partner to establish a mobile handset production line in Beijing. Meanwhile, Samsung Electronics won a Chinese CDMA equipment pact. "We will devote all our energies to expanding the marketing for the mobile telecom market in China, and also to [supply] the market for CDMA handsets as well as equipment," said a Samsung spokesman.- Exclusive to EE Times by Chom Dan Publishing Inc. (Seoul, South Korea). eetimes.com -0- By: Yoonhee Park Copyright 2000 CMP Media Inc.