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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: DaveMG who wrote (22461)	2/4/1999 11:20:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Korea Going Wild> CDMA boosts Korean economy By B.H. Seo EE Times (02/04/99, 10:50 a.m. EDT) SEOUL, South Korea — Korean telecommunications equipment makers are expected to ship $1.5 billion in code division multiple access (CDMA) products in 1999, or more than they shipped in the last two years combined, according to a government survey. The Ministry of Information and Communications said CDMA technology, which was first commercialized by South Korea, helped fuel a decade-long production boom in the country. CDMA and other wireless technologies were estimated to have created more than 260,000 jobs here, the government said. At a time when the International Monetary Fund is pressing Seoul to attract foreign investment, the government study found that up to $720 million in investments from Canada, the United Kingdom and the United States could be attributed to commercialization of the technology. The communications ministry said it plans to help Korean manufacturers strengthen ties with overseas CDMA makers. Its long-term strategy is to make the wireless technology a major export item as Korea works to revive its economy. South Korean CDMA manufacturers racked up $924 million in sales between 1996-98, the government said.

To: DaveMG who wrote (22461)	2/4/1999 11:40:00 AM
From: Clarksterh	Read Replies (1) \| Respond to of 152472

Lee also maintained that backward compatibility is not such a big issue for Korea as it is for the US. “Korea is relatively small geographically, so our operators can forget their old systems,” he said. Wow, now that is an empty bluff. What does the size of the country have to do with it except in relation to the size of the service providers. (i.e. sure Korea is small, but so are their service providers - it's the ratio that matters and I'll bet the service providers are sweating now.) The only factor that does make the situation more palatable(sp?) for the Korean service providers is that all of their competition is in the same boat. If this is the best that ETRI can do they going to get creamed. Note that I do not say this with glee, since Qualcomm can use all the allies it can get and this is not going to help. But that is just poor logic. Clark