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

To: slacker711 who wrote (25723)	8/19/2002 1:57:02 AM
From: slacker711	Read Replies (1) \| Respond to of 197223

I wonder what Qualcomm plans on doing with the spectrum they obtained in Australia. We havent seen much activity on this front.... in.tech.yahoo.com Monday August 19, 9:01 AM Qualcomm sees Japan 3G subscribers at 7 million SYDNEY (Reuters) - U.S. mobile phone technology company Qualcomm Inc said on Monday it expected Japanese subscribers using its third-generation (3G) mobile technology to quadruple to seven million within a year. Qualcomm Japan president Ted Matsumoto said strong demand for shipments of handsets using the new technology indicated subscriber growth would increase to 800,000 a month in Japan. "It is increasing in this way to reach 800,000 a month, so over the year seven million is a very reasonable target," Matsumoto told Reuters. Qualcomm supplies CDMA2000 1x, a new high-speed wireless technology that lets mobile phone users surf the Web, swap pictures and download music, to Japan's number two carrier KDDI Corp. KDDI's 3G subscribers leapt to 1.64 million only three months after launching the high-speed service in April, rattling market leader NTT DoCoMo Inc which had 127,400 subscribers using its CDMA-based 3G service. Competition for mobile data dollars is fierce in Japan and other countries as phone companies seek new sources of revenue in saturated markets. Matsumoto was talking up the potential business applications of the technology at a telecommunications conference in Sydney on Monday. He said the technology was faster and cheaper than other options and the market was being driven by young consumers using the service to e-mail, surf the Web, exchange photos and play games. Asked to comment on slower-than-expected take-up rates for Qualcomm's CDMA2000 1x technology in other countries such as China, Matsumoto said: "Suppliers have control of the entire picture." Matsumoto said he was not currently talking to any Australian phone companies about introducing the technology in Australia. San Diego-based Qualcomm owns most of the patents to Code Division Multiple Access, the dominant wireless technology standard used in the United States and the second most commonly used technology in the world. It licenses its technology and sells CDMA chips for phones and other mobile devices. Qualcomm's United States shares closed on Friday 2.2 percent firmer at US$29.09.