Qualcomm Inc (QCOM)

[IceRich]

RB - Good point about the Ericcson layoffs possibly providing a source of CDMA engineers. I did a bit more research to find out the numbers, and what divisions. People are being laid off from both Ericsson, and Ericsson-Sony, with the bulk being from ES.

It looks like Ericsson laid off 20 employees in April, out of about 1800 - in a "first phase of a restructuring that could see additional staff reductions at the facility."

However, in June came this announcement "Sony Ericsson will slice 500 jobs - including a little more than 200 in Research Triangle Park - as it phases out its North American CDMA mobile phone operations and streamlines its GSM/UMTS research and development activities. Sony Ericsson still employs about 500 people in RTP after the cuts. ... Sony Ericsson will lay off employees at its CDMA research and development center in Research Triangle Park....Of the 750 local employees, about 700 are engineers and development personnel, and the rest are sales and marketing staff. " --- So 200 out of 700, and mostly CDMA engineers.

http://www.bizjournals.com/triangle/stories/2003/06/23/daily15.html?jst=s_rs_hl


There is also this post from DR
http://www.investorshub.com/boards/read_msg.asp?message_id=1134693