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

To: foundation who wrote (18151)	1/15/2002 6:58:34 AM
From: foundation	Read Replies (1) \| Respond to of 197137

Qualcomm wins with no product Author: (HOU MINGJUAN) January 15,2002 Qualcomm chairman Irwin M. Jacobs came to Beijing last week to celebrate the launch of China Unicom's first nationwide CDMA network and his own success in China. As the major patent owner for code-division multiple-access technology, Qualcomm is widely regarded as the first winner in China Unicom's adoption of the technology. Without producing any physical products, Jacobs' family and company control most of the technology supporting the CDMA network. All manufacturers of CDMA network equipment and mobile phones will have to pay royalty fees to Qualcomm before they can legally produce the products. To squeeze into the Chinese market and establish conditions for long-term development, Qualcomm reduced its fee for Chinese manufacturers. This sparked complaints from South Korea, which uses CDMA technology only in mobile communications. Jacobs said: "The royalty fee for products circulating only in the Chinese market is low. But, when the products are for export, the royalty level will be about the same as that used in other countries." The chairman used the word "exciting" many times when describing China's mobile phone market. He said the most exciting thing was that, after China decided to adopt CDMA technology, many countries around China also decided to adopt it. Jacobs has plans to visit India this week because the world's second-most populous country has also decided to adopt CDxMA technology. China, Indonesia, Japan, South Korea and now India will make up the major market for CDMA technology in addition to Qualcomm's homeland, the United States. Jacobs is excited now that his firm is established in the world's fastest-growing mobile phone market. "China will be a leader in CDMA technology and the major mobile phone supplier in the future," said Jacobs. China's decision will change the situation in the whole telecommunications industry, he said. www1.chinadaily.com.cn ========== China, India agree to strengthen bilateral ties (01/15/2002) (China Daily) Visiting Premier Zhu Rongji and his Indian counterpart Atal Bihari Vajpayee Monday agreed to enhance bilateral relations by further expanding co-operation. "We have more common understanding than differences and our interests far outweigh any friction,'' Zhu said during his meeting with Indian Prime Minister Vajpayee. Vajpayee said India does not view China as a threat and both nations should learn from each other and create a harmonious future together as neighbours and friends. Zhu suggested that the parliaments, parties, media and academic circles of the two countries expand personnel exchanges while maintaining high-level visits. Zhu announced China has decided to open a direct flight route from Beijing to New Delhi in March to facilitate bilateral exchanges. The Chinese market will open wider to India now that it is a member of the World Trade Organization and the two sides should find more ways for economic co-operation, Zhu said. He also called for more exchanges and co-operation in science and technology and regional economic co-operation. China and India Monday signed an agreement on co-operation in tourism along with five memoranda of understanding (MOU) on co-operation in the peaceful use of outer space, provision of hydrological information of the Yaluzangbu/Brahmaputra River during the rainy season among other things. The two sides agreed to accelerate the process of verification of the actual line of control along their borders. China and India signed two agreements on the maintenance of peace and tranquility and confidence-building measures in the military along the line of actual control in border areas in 1993 and 1996 respectively. Zhu condemned the bloody gun attack on India's Parliament building in New Delhi in December. China welcomes India and Pakistan's positive attitudes towards Pakistani President Pervez Musharraf's address to the nation last Saturday, Zhu said. China, as a neighbour of both India and Pakistan, hopes the two countries can solve their problems through peaceful negotiations which not only serve the interests of their people but also is conducive to peace and development of South Asia, Zhu said. China and India agreed to launch an anti-terrorism dialogue. In another development, Zhu appealed for enhanced international co-operation on anti-terrorism efforts. "China has always been opposed to terrorism in any form no matter where and when it occurs and at whom it targets,'' Zhu said during his meeting with Krishna Kant, Indian Vice-President and chairman of Rajya Sabha, the upper house of India's parliament. The international community should work together more closely and take measures to eradicate terrorism at its roots, Zhu said. China and India are the two biggest developing nations in the world and important neighbours to each other, Zhu said in his talks with Indian President Kocheril Raman Narayanan. "It will not only benefit people of the two countries but also make huge contributions to the progress of human society for China and India to learn from each other and strive for common development,'' Zhu said. "It is more important to keep in mind traditional friendships and common long-term interests of China and India although there are still some problems between us that need to be handled properly,'' Zhu said. Narayanan believed that India and China, with economic development and friendly bilateral relations, would make positive contribution to world peace and development. It is vital for the progress of the world for India and China to learn from and support each other, said Narayanan. www1.chinadaily.com.cn