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

To: Gut Trader who wrote (75890)	7/8/2000 2:23:39 PM
From: William Hunt	Respond to of 152472

QUALCOMM Work Together With Two Japanese Firms QUALCOMM Incorporated, the world's leader of CDMA(Code Division Multiple Access) digital wireless technology announced that a HDR(High Data Rate) technology field trial will begin this year in Japan in cooperation with Nippon Idou Tsushin Corp.(IDO) and Hitachi, Ltd. which intends to develop and manufacture HDR infrastructure equipment for commercial use after a successful trial period. "We look forward to evaluating the performance of HDR in Japan. The successful completion of this trial will mark an important step in our effort to expand our service offering through new Internet-related applications, including multimedia and electronic commerce," said an official of IDO. "With a more efficient use of spectrum, HDR will ensure IDO continues to broaden its customer base." "We anticipate a successful trial and look forward to commercial development of HDR in Japan with strong support from Qualcomm," said an official of Hitachi. "The superior performance of HDR will help meet the growing global demand for wireless data services and confirm Hitachi's position as a leading provider of HDR infrastructure." "HDR's proven capabilities as a leading wireless Internet access technology continue to attract significant interest from operators and manufacturers," said Jeff Jacobs, the senior vice president of Business Development of Qualcomm. "We look forward to meeting the increasing demand for bandwidth with the commercial development of HDR," which provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable, and mobile applications. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocol (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics like the CDMA One(TM) and 1x Multi-Carrier. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on line access to the Internet and next-generation data services. IDO is one of Japan's leading mobile telecommunications operators, providing customers with superior voice, WAP and data access rates of up to 64 kbps on a CDMA network, and is leading the world's mobile data market. The company had consolidated sales of 479.2 billion yen (US$4.4 billion) in the fiscal year of 1999 and currently has 3.9 million subscribers in central Japan, including the Tokyo metropolitan area.Hitachi, Ltd. is one of the world's leading global electronics companies, with consolidated sales of US$75.5 billion in the fiscal year of 1999. The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products alone with power and industrial equipment. ¦