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

To: Caxton Rhodes who wrote (2417)	8/25/2000 11:35:59 AM
From: Caxton Rhodes	Respond to of 196485

INTERVIEW: China Seen Cautious In Opening Telecoms Mkt By J.R. WU of DOW JONES NEWSWIRES SHANGHAI -- It may take China a few years after entering the World Trade Organization before it fully opens up its telecommunications market to foreigners, said Rock Hsu, chairman of Compal Electronics Inc. (Q.CPE) Thursday. Even after getting into the WTO, for the first two years to three years China probably will just open up half of her mobile phone market, Hsu told Dow Jones Newswires while traveling in China this week with a delegation of executives and scholars representing Taiwan's high technology industry. Compal sees the potential to make mobile phones on the mainland for export based on the code division multiple access technology, which it has licensed from Qualcomm Inc. (QCOM) - despite the latter's limited presence within China, said Hsu. Hsu also said part of the reason Taiwan's enterprises are moving their operations offshore is because the Taiwan government isn't listening enough to the needs of its small- and medium-sized enterprises. The government has to focus not just on the big firms and their moves overseas, but also to the SMEs, which play an important role in the island's industry development. More than 70% of Taiwanese are employed in SMEs. Many of the island's industries from high tech to traditional manufacturers are facing cost pressures in the home market amid rising land prices and labor costs. Moreover, the new administration has made proposals that would increase the cost of production, including a shortened workweek and higher taxes. The higher cost burden would be much greater on SMEs than larger companies, say analysts. -By J.R. Wu, Dow Jones Newswires; 886-932-035-764; jr.wu@dowjones.com