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

To: Dennis Roth who wrote (21078)	4/3/2002 6:09:56 AM
From: Dennis Roth	Read Replies (1) \| Respond to of 197280

E-Ron Technologies receives 3 mln usd investment from Qualcomm library.northernlight.com SEOUL (AFX-ASIA) - E-Ron Technologies Corp said Qualcomm Inc has agreed to invest 3 mln usd in the company for a 5.47 pct stake. An international venture capital fund led by Qualcomm has already bought a 4.7 pct stake in the firm. The shares issued to Qualcomm carry a one-year lock-up period, it said. "Qualcomm is a major supplier for our core product of CDMA-based modems ... the deal will ensure stable supplies," an E-Ron spokesman said. E-Ron Technologies closed up 1,040 won at 11,000 on volume of 1.9 mln shares on KOSDAQ. seo/jv Copyright AFX 2002, All Rights Reserved.

To: Dennis Roth who wrote (21078)	4/3/2002 7:27:42 AM
From: foundation	Respond to of 197280

China Mobile puts mainland 3G at least two years away WEDNESDAY APRIL 3 12:00AM SOUTH CHINA MORNING POST COPYRIGHT 2002 SOUTH CHINA MORNING POST LTD. China Mobile believes the mainland market for third-generation (3G) services will not be ready for at least two years. Chairman Wang Xiaochu said for this reason China's dominant mobile carrier had yet to plan for 3G spending. "We believe commercial opportunities for 3G in China will take at least two years to come," Mr Wang said. The company has budgeted US$ 8.6 billion for capital expenditure for the next two years, but a 3G spending plan is not included. Chief financial officer Ding Donghua said even general packet radio services, a 2.5G mobile technology, accounted for only 4.7 per cent of the budget. He said the company was waiting for 3G technologies to develop into a more mature stage before deciding which one to use. There are three 3G standards: the European wideband code division multiple access (WCDMA) for global system for mobile communications networks, the United States CDMA2000 for CDMA networks and the home-grown time division synchronous code division multiple access system. The Ministry of Information Industry initiated development of the local standard three years ago to compete with the WCDMA and CDMA2000 standards. China Mobile's lack of enthusiasm about investing in 3G is in contrast to the China Mobile Communications Association's call for stepping up the issue of 3G licences to help boost the mainland's development of the technology. China Mobile is a member of the industry body. Association vice-chairman Shi Jixing has complained the ministry's indecision on issuing 3G licences is crippling China's development of the technology, causing it to lag behind its Western counterparts. China Mobile said it believed mainland mobile services would remain dominated by voice traffic, although it expected data traffic to grow quickly. The company said data services accounted for about 3 per cent of its 100.33 billion yuan (about HK$ 94 billion) turnover last year. wirelessweek.com ========== Where is Mobile's GPRS strategy? Mobile's budget would suggest that it's in the toilet. Or perhaps they'll spend the 8B over the next 2 years on cell splitting their GSM networks in preparation for further GPRS upgrades in 2004. <g>