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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 (8330)	3/9/2001 1:31:37 AM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 196486

LG establishes joint telecom company in China By Lee Hyang-hwy, Associated Press 08 March 2001 LG Electronics reported on Wednesday that it has established a joint telecom company in China, which will manufacture CDMA (code division multiple access)-based terminals and systems. For the venture, LG has joined forces with three local Chinese companies to establish the company located in Shandong, China, and capitalized at $2 million. In a related note, LG also signed agreement to set up a joint company with a unit of China National Posts & Telecommunications Industry Corp. to conduct R&D (research and development) for new CDMA handsets and telecom networks in China. Meanwhile, China Unicom, the largest CDMA mobile operator in China, is scheduled to conduct a public auction to select network providers next month. Copyright 2001 BUSINESS KOREA all rights reserved as distributed by WorldSources, Inc.