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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (3)6/27/2000 9:31:00 AM
From: Dennis Roth  Read Replies (1) | Respond to of 197297
 
Sewon to export 4.5 mil. mobile phones
koreaherald.co.kr

Sewon Telecom said yesterday it has signed a
contract with Vitelcom to supply CDMA and GSM
handsets worth about $700 million.

Starting September, the company will export 3
million GSM handsets to major European wireless
carriers via Vitelcom. While the company's
products in Spain will be sold under Vitelcom
name, its handsets will be sold under its own
name in the rest of Europe, according to the
company.

In the South American market, the company is
transferring production material, parts and
production know-how to Vitelcom Brazil which
will then assemble and market the products,
making royalty payments to Sewon Telecom on
the number of manufactured handsets.

The company expects to export materials for
some 1.5 million CDMA handsets over the next
three years starting next month.

With yesterday's contract, exports will be
greatly bolstered, accounting for 70 percent of all
its production next year from the current 30
percent, the company said.



Updated: 06/28/20



To: Dennis Roth who wrote (3)6/27/2000 11:14:00 AM
From: Dennis Roth  Respond to of 197297
 
Japanese cellphone giant NTT DoCoMo opens Beijing office
Extracted from
asia.biz.yahoo.com

Japanese cellphone giant NTT DoCoMo Inc. (J.NTX or 9437) has opened a representative office in Beijing, China. The company aims to strengthen ties with local cellphone operators and other telecommunications related organizations, it said. NTT DoCoMo is already active in China through its participation in field trials of third-generation cellphone services using wideband code
division multiple access (W-CDMA) technology.