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


To: stomper who wrote (78135)7/30/2000 8:20:47 PM
From: Ruffian  Respond to of 152472
 
Dearborn, Michigan, July 30 (Bloomberg) -- Ford Motor Co., the world's No. 2 automaker, is expected to announce an
agreement with Qualcomm Inc. to add wireless communications devices to cars, the Wall Street Journal reported, citing
people close to the matter. The venture between Qualcomm and Ford, called Wingcast for now, could unveil so-called
telematics services such as mobile phones, Internet, entertainment and navigation devices in 1 million Ford cars in
model-year 2002, the people said. Wingcast is expected to have Ford as its largest shareholder and be based in San Diego,
the paper said.

Qualcomm's division that makes chips for mobile phones and cellular networks could have a market value of as much as $40
billion after the company spins it off, analysts said.