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: zx who wrote (108449)	11/9/2001 4:35:13 AM
From: Maurice Winn	Respond to of 152472

Oh no! Now we have whining from China. Good grief. The whining from a few Koreans was loud enough. Imagine the racket from China. Maybe they'd like to cancel the agreement and not use CDMA? No? 2.65% is too much apparently. They are whining bludgers and want other people to work for them for nothing. No wonder they spent half a century in the poor house. Maybe Hu will help them understand the modern world without a cargo-cult mentality or 'found wealth'. <Qualcomm would deduct 2.65% from the profit of each handsets sold in China and 7% from sold abroad as the technologic employment charge. Such high cost stirred up many complaints of Chinese domestic manufacturers. The high cost technologic employment charge aggravated mentality of the domestic manufacturers who are less certain about the competition between DCMA and GSM. But compared with foreign handset manufacturers, the real market situation compelled the Chinese manufacturers to stack their chips on the CDMA market. Not only the discontent from Chinese enterprises, but also abroad enterprises, the discontent of Korea handsets manufacturers has reached the highest point, Korea Telecom and other 6 Korea handsets manufacturers have announced to allied themselves, through the legal measures to press Qualcomm to adjust its charge mode which decided by Qualcomm itself.> Mqurice PS: Thanks for the information zx.