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

To: qbull who wrote (67835)	2/24/2000 9:21:00 AM
From: qbull	Read Replies (1) \| Respond to of 152472

thanks skip paul. i found it. SEARCH SITE Enter keyword: View Site Map STOCK QUOTES Enter symbol: Lookup symbol NEWS Top Financial News Top World News Stock Market Update After Hours Trading Technology Economy and Politics Columns Special Report STOCKS Tech Stocks Stocks on the Move Chart Builder World Indices Movers by Exchange Stocks in the Dow S&P 500 Snapshot Industry Movers Most Active Options IPO Center Regional Indices RATES & BONDS Key Rates U.S. Treasuries International Bonds Muni Bond Yields CURRENCIES Currency Rates Cross Currency Rates Currency Calculator EMU Update COMMODITIES Most Active Futures Commodity Movers Energy Get Salomon Smith Barney's top picks in over 90 industries Qualcomm Says It's Confident in CDMA Phone Agreement With China By Craig Addison Qualcomm Says It's Confident in CDMA Phone Agreement With China Beijing, Feb. 24 (Bloomberg) -- Qualcomm Inc. said it has confidence in the agreement it signed last week with China Unicom, the nation's No. 2 phone company, even though a report today indicated Chinese authorities will postpone introduction of the U.S. company's digital phone technology. China has delayed plans to build a digital mobile telephone network using Qualcomm code division multiple access technology, the Asian Wall Street Journal said, quoting officials from foreign telecommunications equipment makers. China will delay the project on ``political' grounds, the report said. Qualcomm, whose CDMA is the world's fastest-growing cellular standard, is challenging the rival global system for mobile communications technology that's used in both China and Europe. The Chinese market is a fertile target, with cellular-phone users forecast to increase 63 percent this year to 70 million. ``Clearly our agreement is a win-win for both parties and demonstrates China's willingness and desire to be an active participant in the global economy,' the Qualcomm statement said. Still, even Qualcomm's chief executive, Irwin Jacobs, who was in Beijing Feb. 16 to sign a framework agreement with China Unicom to license its CDMA technology to Chinese phone makers, remains cautious. Referring to last week's framework pact, Jacobs yesterday said he hoped it is a final agreement. ``You can never tell in China,' Jacobs said, speaking at a Roth Capital Partners investment conference in Dana Point, California. ``We still need to sign individual agreements' with Chinese phone manufacturers. Were the CDMA pact to proceed, Chinese phone makers will be allowed nationwide sale and manufacturing rights to Qualcomm's CDMA technology and will be able to export their products. According to the framework agreement between Qualcomm and Unicom, Chinese manufacturers that sign up with the U.S. company to use its technology must first obtain licenses from the Chinese government. In China the U.S.-developed CDMA standard lags the rival European-developed global system for mobile communications. China agreed only last March to open its nationwide market to CDMA as a concession to the U.S. for entry to the World Trade Organization. Access More Information and Services Above ¸2000 Bloomberg L.P. All rights reserved. Terms of Service, Privacy Policy and Trademarks.