Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter J Hudson who wrote (84622)	10/24/2000 9:24:28 PM
From: samim anbarcioglu	Respond to of 152472

>>orders from another Chinese firm to provide 15 million mobile phones based on CDMA by next year.<< Peter, that is soooo big. This IS the second of the many large purchase orders we have been expecting (the first went to Sawtek for base station (rake) filters). I read the first sentence of the post about the 550,000 gsm handsets and stopped reading. Thanks Cooters for the great news, thanks Peter for making me read it. I owe you both some cold beers (at the SH meeting?) best to all. Sam A

To: Peter J Hudson who wrote (84622)	10/24/2000 9:39:54 PM
From: brian h	Read Replies (2) \| Respond to of 152472

Pete, Has to be a typo. Any one particular Chinese company gets to make 15 million CDMA phones. That will be like 120 million CDMA phones for all 8 approved Chinese manufacturers. (very unlikely to have one company get it all) In that case the Rich Janitor's prediction for future Q price is well understated!!!! Brian H.

To: Peter J Hudson who wrote (84622)	10/24/2000 10:09:11 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Time for some Dago-Red..........eom

To: Peter J Hudson who wrote (84622)	10/24/2000 10:23:42 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : people "blanking out" despite seemingly good news for Qualcomm -- maybe too many people are "bummed out" watching all of their high tech companies' share prices "taken out and shot," one by one. Apparently now (tomorrow), it is time for the "optical" companies to get ripped to shreds. Jon.

To: Peter J Hudson who wrote (84622)	10/24/2000 10:30:31 PM
From: Sully-	Read Replies (2) \| Respond to of 152472

"Is everyone just ignoring this! >>The Kosdaq-listed firm said it has also won orders from another Chinese firm to provide 15 million mobile phones based on CDMA by next year.<< I guess they didn't read the Chiner article either then...... these two stories seem to point to one very large CDMA system in Chiner next yr IMO..... >>(24 October 2000) China Unicom confirmed.... that it will build a......(CDMA) mobile phone network based on Qualcomm Inc.’s technology".......... ....The first round of project bidding has already been completed, according to a source at a domestic CDMA equipment supplier........ .....Analysts note that before CDMA development was put on hold this past March, Qualcomm shrewdly licensed a select group of domestic telecom equipment manufacturers to produce CDMA equipment. Estimates suggest these manufacturers have poured more than US$200 million into developing manufacturing capabilities..... ..... When its CDMA networks attain scale, Unicom may sell its GSM networks to China Mobile or another operator to fund 3G build-outs of cdma2000...... ..... On Oct. 18, South Korean President Kim Dae-jung met with Zhu and gained assurances that South Korean CDMA manufacturers LG, Samsung and Hyundai will also be included in the build-out..... ..... Many speculate that at least one more mobile license will be granted, probably to China Telecom, which may have the option to choose CDMA or buy Unicom’s GSM networks...... ..... "3G is the endgame," says Wu. "The government is finding ways to move to 3G as quickly as possible.".....<< Message 14652166 Ö¿Ö

To: Peter J Hudson who wrote (84622)	10/25/2000 1:06:42 AM
From: slacker711	Read Replies (2) \| Respond to of 152472

An order for 15m handsets seems to stretch the bounds of credability (especially when you combine it with the 10m order from August <g>). From what I can tell, Sewon is an OEM manufacturer. They supply SK Teletech (which is owned by SK Telecom) and a couple of other companies. Here is a press release from them dated Oct 16th. There are couple of more that are dated later on the Korean version of their site. I have also tried finding a stock quote (such a huge order would cause a run). Unfortunately, Yahoo doesnt have a Sewon Telecom listed....there are 3 different Sewons. The only one whose stock is moving is Sewon Precision whose stock is up 15%. quote.yahoo.com sewon-tele.com - Initial Shipment From a 1.5 Mil. Supply MOU _- First Kosdaq-Listed Wireless Handset Maker to Land in China _Sewon Telecom has concluded a deal to export 550 thousand units of its _GSM handsets, becoming the first Kosdaq registered handset manufacturer _to successfully enter the Chinese wireless communications market. _Sewon announced on the 16th that it has concluded a deal to supply _Ningbo Bird of China with 550 thousand units of its SG-1000 model. _The deal follows an M.O.U signed by the two companies in August, relating _to shipments of 1.5 million units of Sewon's GSM phones by 2001. _Ningbo Bird is a leading Chinese wireless handset maker, ranking number _one Chinese manufacturer in unit shipments in Sept., with aggressive plans _to enter the CDMA market in the near future. _Sewon Telecom's CEO Jeong-Keun Lee said, "We anticipate GSM phone _exports to China to increase to 2 million in 2001. Sewon and Ningbo Bird _have agreed on establishing a joint venture, should Ningbo Bird be granted _a license to provide CDMA handsets in China, which will serve as a platform _for Sewon's Chinese CDMA market entrance. _■ Contract Details _Sewon will initially supply 5 thousand units by December of this year, and _the _remaining 500 thousand by the end of 2001. The SG-1000 includes _standard _lithium batteries and a portable battery charger. The handsets will _bear the _Sewon brand name along with the Ningbo Bird brand. _■ Ningbo Bird _Established in 1992, Ningbo Bird is a leading manufacturer of GSM _handsets, _PDAs and pagers, a traditional area of business that led the _rapid growth of _the Company. Ningbo Bird currently has 9 offices and _250 branches as well _as a separate sales operation in Sanghai. _Ningbo Bird recorded a sharp hike in sales volume in 1999 due to M&As and _was able to secure capital liquidity through its listing on the Chinese stock _exchange in July this year. It is viewed as a strong candidate for the _licensed provider of CDMA handsets by the Chinese government. _Ningbo Bird is set to achieve a ten percent market share with production _target of 1.2 million, 3 million, and 6 million units for year 2000, 2001 and 2002 _respectively.