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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (3715)10/31/2001 2:25:34 PM
From: Maurice Winn  Read Replies (1) | Respond to of 12229
 
Speak of the devil: <Japanese electronics giant Toshiba confirmed it has won Chinese government approval to launch a mobile handset manufacturing joint venture in Nanjing with a local partner and Hong Kong-listed investment group Wong's International (Holdings).

Toshiba president and chief executive Tadashi Okamura said in an interview late on Monday that the venture would start production next year of handsets using code division multiple access (CDMA) technology.

A Toshiba spokeswoman in Tokyo identified the local partner as Nanjing Postel Telecommunication. It was not immediately clear whether the deal would be handled through a subsidiary of Nanjing Postel.

"Fortunately, we could get the licence from the Chinese government for mobile phone manufacturing in Nanjing," he said. "We are setting up the facilities for manufacturing mobile phones with the Chinese company." ...
>

Mqurice



To: Maurice Winn who wrote (3715)10/31/2001 7:18:00 PM
From: Neeka  Read Replies (1) | Respond to of 12229
 
While they aren't wealthy enough to buy expensive trips overseas, SUVs, swimming pools or home movie theatres, they are wealthy enough to buy CDMA phones and multifunctional cyberspace devices such as Anita [TM].

Thanks for the rundown. I sure do like your optimism.

;-) M

china.org.cn



To: Maurice Winn who wrote (3715)3/15/2003 2:33:54 AM
From: Maurice Winn  Respond to of 12229
 
Hu Jintao and Wen Jiabao are ensconced as Chief Cook and Bottlewash in China. Jiang Zemin stays in charge of the soldiers. washingtonpost.com

<Wen and Hu are articulating a kinder, gentler vision for China; the apparent source is their personal experience in the hinterlands. Both men have spent years -- Hu as a hydrologist and Wen as a geologist -- in Gansu province in the arid, dirt-poor northwestern part of the country. Jiang, who was raised in Shanghai and schooled in Eastern Europe, never lived in a poor region of China.>

Jiang Zemin was an electrical engineer. Notice how China is run by technologically literate people instead of lawyers and the normal blood-sucking western political types. That's a good thing. China should continue to boom and do very well for decades the way things are going.

A very large sucking sound might take place in the USA. There is already a very large shift in capital; the USA used to be flooded with the world's wealth, but in the past couple of years, it's gone AWOL. Huge surpluses have suddenly turned to wall-to wall deficits as far as the eye can see.

Why invest in the USA when China has such burgeoning opportunity? I have good answers to that question, but China is increasingly attractive. Investing in China via QUALCOMM seems to combine the best of both worlds.

Mqurice