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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: elpolvo who wrote (3935)	2/16/2000 7:59:00 AM
From: mrs goldberg	Read Replies (2) \| Respond to of 35685

China Unicom Signs CDMA Intellectual Property Agreement with Qualcomm Wed Feb 16 06:06:00 EST 2000 BEIJING (Feb. 16) XINHUA - China United Telecommunications Corporation (China Unicom) and US-based Qualcomm Incorporated signed a CDMA Intellectual Property Rights framework agreement today in Beijing. The deal defines the guidelines and procedures in the licensing of Qualcomm's intellectual property for the manufacturing and sale of CDMA wireless equipment by domestic Chinese manufacturers. Chinese enterprises that have obtained CDMA subscriber terminals or system equipment manufacturing licenses from the Chinese government may sign an agreement with Qualcomm which conforms to this framework. They are entitled to the privileges granted by the agreement in making and selling CDMA products nationwide. They are also allowed to export their products. Qualcomm has pledged to offer price incentives for purchasing CDMA Application Specific Integrated Circuits to every Chinese firm that signs an agreement with it. In addition, Qualcomm has agreed in principle that it will cooperate with Chinese entities in research and development efforts to advance CDMA application and growth. "This agreement enables China Unicom to move forward aggressively with plans to deploy a CDMA network, and exponentially grow that network in the next few years," said Wang Jianzhou, vice-manager of the company. China Unicom has committed itself to setting up a nationwide CDMA network and plans to provide both data and voice services. "The first batch of the network will be open this summer," disclosed Wang, adding that by the end of this year, the company will set up a network with capacity for more than 10 million users. Copyright XINHUA NEWS AGENCY