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

To: Cooters who wrote (7142)	2/9/2001 9:18:59 AM
From: Cooters	Respond to of 196804

Qualcomm to Invest Up to $30 Mln in Japan Wireless Start-Ups --From AOl.-- Cooters Tokyo, Feb. 9 (Bloomberg) -- Qualcomm Inc., the developer of mobile-phone technology used in 71 million handsets worldwide, plans to invest up to $30 million in Japanese wireless Internet start-ups, the president of its Japan unit said. The San Diego-based company has set aside $500 million for investment in the U.S., Korea and Japan. ``Some part will be invested in Japan,'' said Ted Matsumoto, president of Qualcomm Japan Inc. He expects between $20 million and $30 million to be available for Japanese start-ups. Qualcomm will act as a ``co-investor with existing venture funds,'' he said, adding that that the company is targeting about a dozen start-ups. Matsumoto declined to specify which companies are under consideration, but confirmed that investment will come directly from the U.S. parent. In Japan, Qualcomm is closely allied with DDI Corp., which uses the U.S. company's code division multiple access cellular technology, which DDI brands as cdmaOne. DDI, Japan's second largest cell-phone company, has 7.5 million users of cdmaOne handsets. Qualcomm established a similar venture fund in South Korea, it's largest overseas market, last December. The company formed a $60 million fund with Hansol i Ventures Ltd, a unit of the Hansol Group, to invest in Korean startup companies engaged in the development of CDMA products. Feb/08/2001 23:44 ET

To: Cooters who wrote (7142)	2/9/2001 10:05:58 AM
From: foundation	Read Replies (1) \| Respond to of 196804

"If we can't make it in May, DoCoMo will literally kill us." "I think the May launch has become very difficult.." "NTT DoCoMo said there are several handset makers working on 3G phones, but analysts said MCI would ordinarily be one of the few firms capable of rolling out products on time." ---------- Will SpinCo and its MSM5200 - along with its Asia value chain (including LG and Samsung) save NTT's butt? Will NTT's wCDMA dreams hinge on the 5200? Not a good day for NTT. Can't make Java handsets work. Now there have been 2 recalls and the termination of all Java handset sales. Now, with 3 months till deadline, confessions of wCDMA handset problems finally surface... and deadlines are in doubt... In November, I speculated that Tachikawa's October 28th confession of dramatically diminished expectations for NTT's wCDMA network would not be the last disappointment - to the consternation of some NTT admirers... Well......