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Wednesday, 05/10/2006 4:00:17 PM

Wednesday, May 10, 2006 4:00:17 PM

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Qualcomm Breakup Could Ring in the Bling

http://online.barrons.com/google_login.html?url=http%3A%2F%2Fonline.barrons.com%2Farticle%2FSB114721....

Qualcomm (QCOM: Nasdaq) By Merrill Lynch ($52.66, May 9, 2006)
QUALCOMM'S COMMERCIAL AGREEMENT with Nokia will be up for renewal in April 2007. Should the two not reach an agreement by April 2007, Nokia will not be able to recognize revenues on WCDMA [wideband code-division multiple access] handset shipments (and eventually will not be able to sell phones), and Qualcomm will not be able to recognize revenue on its chip shipments (with the eventual outcome of not being able to sell semiconductors).

[Qualcomm manufactures and markets wireless-telecommunications products. WCDMA is third-generation technology boosting wireless-data-transmission capabilities.]
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