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

To: waitwatchwander who wrote (24002)	6/21/2002 1:34:02 AM
From: waitwatchwander	Respond to of 197028

Nokia may produce CDMA handsets in China timesofindia.indiatimes.com REUTERS [ FRIDAY, JUNE 21, 2002 1:30:17 AM ] BEIJING: World number one mobile phone maker Nokia is considering making and selling handsets in China for the CDMA network standard, an executive said on Thursday. It would be part of a bid to expand the company's dominance of the cellular phone market into the smaller market for phones using the CDMA standard, owned by San Diego-based Qualcomm Inc, analysts said. "We are talking about it within the company," the executive said in Beijing, where the company makes cellphones for China and overseas markets using the more popular GSM standard. Although China is the world's biggest cellular market, with more than 167 million users, more than 99 per cent use GSM networks operated by China Unicom and dominant rival China Mobile Communications. Consumers have been slow to catch on to newly introduced CDMA phones in China. Grabbing a piece of the embryonic CDMA market could be a key step for Nokia toward gaining overall market share in China, because there is little room to boost its market share in GSM of nearly 30 per cent, analysts said. But Nokia had not obtained a government permit to make handsets in China using the CDMA technology, the executive said. "There's a problem of the licence. So we have no way to directly compete right now in China," the executive told Reuters by telephone. Arch rival Motorola is the only foreign cellphone maker with a Chinese permit to make CDMA phones. Nokia executives told analysts in the Finnish capital of Helsinki on Thursday that Nokia aimed to displace U.S. rival Motorola as the largest handset provider in China and to become the world's leading maker of CDMA mobile phones. Briefing reporters in its Finnish home, Nokia also said on Thursday it expected the Chinese market for mobile networks to improve in the second half of the year, after an exceptionally slow first six months of 2002. Nokia sells more than one in every three mobile phones in the world, but its strength is the GSM and TDMA market segments, which dominate around 75 per cent of mobile networks globally. Nokia is not yet the market leader in CDMA, used in the Americas and parts of Asia, but the company aims to become the leader in that segment within three years.