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To: JGoren who wrote (26776)	4/12/1999 5:58:00 AM
From: llwk7051@aol.com	Read Replies (2) \| Respond to of 152472

Samsung Electronics Develops Phone Chip to Replace Imports Seoul, April 12 (Bloomberg) - Samsung Electronics Co., the world's largest computer memory chip producer, said it developed a chip for use in its mobile phones which will replace $2 billion worth of imports over the next five years. The company said it developed a main processor chip and its associated software for the mobile phones it makes using code division multiple access technology. Until now, Samsung bought the chips from U.S.-based Qualcomm Inc., creator of the CDMA technology. Samsung spokesman James Chung said the new chip means the company will make 90 percent of its CDMA phone components. It expects to sell 30 million phones this year. Chung said the new chip cost the company 27 billion won ($22 million) over two years to develop. Companies such as Samsung are hoping that CDMA will take off in China, the world's fastest-growing major market for mobile phones, allowing them to cash in on what is projected to become the second-biggest telephone market after the U.S. Chung said annual sales by the mobile phone division are 2.5 trillion won a year, around 12 percent of the company's total sales.