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.

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

To: T L Comiskey who wrote (68024)	2/28/2000 1:09:00 PM
From: T L Comiskey	Read Replies (2) \| Respond to of 152472

Monday February 28, 12:37 pm Eastern Time Ericsson launches Web-based CDMA mobile phone ``Ericsson is entering the CDMA marketplace with a bang,' said Hakan Wretsell, general manager of Ericsson Mobile Phones in the Americas region. ``We will now have innovative, Internet-enabled mobile devices and accessories for every major technology in the world. This gives us a strong position for growing our business throughout the Americas.' Ericsson, the world's leading maker of mobile phone systems, has stepped up the pace of launching new cellphones as it tries to regain ground it lost in 1999 to its bigger rivals Nokia of Finland and U.S. Motorola (NYSE:MOT - news). A CDMA phone is important for Ericsson to boost its market share in North Americas as the CDMA standard is widely used there and is growing quickly as well in Latin America. GSM mobile standards dominates in Europe. Telefonaktiebolaget LM Ericsson (NasdaqNM:ERICY - news) cooperates with U.S. Qualcomm Inc (NasdaqNM:QCOM - news), a developer of wireless CDMA technology, on bringing CDMA technology to its mobile phones and other products. Ericsson shares closed 11 crowns higher at 840 crowns.