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


To: arun gera who wrote (103693)9/4/2001 10:32:18 AM
From: kech  Read Replies (1) | Respond to of 152472
 
Arun- You mean this is what has everyone in a panic?

<<The number of mobile phone users, meantime, is declining slightly. As of the end of July, the total number of mobile phone users in Korea was 28.0 million, down from 28.09 million a month earlier.

Analysts said the downward trend is expected to continue, projecting that the figure might be 27.97 million, down about 30,000 from the total in July. >>

By company, SK Telecom accounted for 10.97 million users and its sister unit, SK Shinsegi Telecom, came out with 3.14 million. KTF, the country's second largest carrier, served 9.5 million, followed by LG Telecom with 4.34 million.



To: arun gera who wrote (103693)9/4/2001 11:15:26 AM
From: slacker711  Read Replies (1) | Respond to of 152472
 
The numbers from South Korea indicate that total subscriber numbers declined slightly. That may be the connection to the price drop.

The drop in the number of subscribers is a little curious considering that there were over 1m handsets sold during the month. All of the articles that we have seen seem to indicate that August was another good month. Handset sales in Korea wont be a factor holding back Qualcomm for this quarter....

koreaherald.co.kr

According to the data, the supply of handsets in July reached 1,123,000 units, down 17.9 percent from 1,368,000 units in June. The figure represented a 132 percent rise on-year, however.

Slacker