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


To: Mark Fleming who wrote (12957)6/23/2000 2:12:00 AM
From: Cooters  Read Replies (2) | Respond to of 13582
 
<<Nokia and Telson partner to create new CDMA products >>

QUALCOMM Enters Into CDMA Subscriber License Agreement with Telson Information & Communications, Co., Ltd. in Korea.

--From Rocket Thread.-- Cooters

SAN DIEGO - February 23, 2000 - QUALCOMM Incorporated (Nasdaq: QCOM) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Telson Information & Communications (I&C) Co., Ltd. of Seoul, Korea. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted Telson I&C a license under QUALCOMM's proprietary CDMA technology and patents to develop, manufacture and sell subscriber unit products for cdmaOne?, cdma2000? and High Data Rate (HDR) air interface technologies. The license also includes the rights to develop, manufacture and sell CDMA data modem cards for wireless data and voice applications.

"QUALCOMM's CDMA and HDR technologies will enable wireless Internet access for devices, such as mobile phones, to meet or exceed many of the IMT-2000 specifications," said Seo Yong Yoon, president of Telson Information and Communications Company Ltd. "Licensing QUALCOMM's CDMA technologies will enable Telson to expand its wireless product offerings by providing high-speed wireless access to the Internet, which we expect to be a rapidly growing market."



To: Mark Fleming who wrote (12957)6/23/2000 10:20:00 AM
From: Keith Feral  Read Replies (2) | Respond to of 13582
 
IMO, this partnership for NOK is a lame attempt to grab some market share in Korea. I recall ERICY making similar comments a few weeks ago that they would like to develop local partnerships in Korea to boost their market share. With Telson only selling 3 million handsets to date, they can hardly be considered very seriously.

Maybe their agreement with Telson is a back door to buy ASICS from the Q in Korea in the same manner that MOT devised to buy Q's chips through Pantech. In any case, NOK must absolutely sign a 1X deal with QCOM in the very near future if they expect to sell CDMA phones in the US.



To: Mark Fleming who wrote (12957)6/23/2000 10:31:00 AM
From: samim anbarcioglu  Read Replies (3) | Respond to of 13582
 
<<SAN DIEGO - February 23, 2000 - QUALCOMM Incorporated (Nasdaq: QCOM) today announced that it has entered into a worldwide Code Division Multiple Access (CDMA) subscriber unit license agreement with Telson Information & Communications (I&C) Co., Ltd. of Seoul, Korea. Under the terms of the multi-million dollar, royalty-bearing agreement, QUALCOMM has granted Telson I&C a license under QUALCOMM's proprietary CDMA technology and patents to develop, manufacture and sell subscriber unit products for cdmaOne?, cdma2000? and High Data Rate (HDR) air interface technologies. The license also includes the rights to develop, manufacture and sell CDMA data modem cards for wireless data and voice applications.>>

Ladies and gentlemen, this says here clearly that Telson will make CDMA ASICs under license from QCOM, and NOK will buy them and slap on their own API (Application programming Interface), and put them in their phones. Does anybody read this differently? NOK will buy Q ASIC through a Korean outfit. This of course will increase NOK's CDMA competence, as per their press release.
regards to all,
s.a.
s.a.