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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: JohnG who wrote (11810)	6/7/2000 11:37:00 PM
From: Ruffian	Respond to of 13582

Qualcomm, 8 Chinese Cos Sign Deals For CDMA Equip -Report Dow Jones Newswires BEIJING -- Qualcomm Corp. (QCOM), the U.S.-based wireless technology giant, has signed licensing deals with eight top Chinese manufacturers to develop equipment using the CDMA standard it pioneered, state-run China Daily reported Thursday. No financial details of the deals were disclosed. Under the terms of the deal, the Chinese companies will develop handsets and wireless base stations that use both current generation and third generation, or 3G, CDMA technology, the newspaper said. The deals come less than a week after China's second biggest telecommunications company, China United Telecommunications Corp., or China Unicom, said it had shelved plans for a current-generation CDMA network, but would eventually use 3G CDMA. A Qualcomm official confirmed that deals had been signed, but declined to provide details, saying a company statement might be released later. Briefing Book for: QCOM