Qualcomm Inc (QCOM)

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KOREA PRESS: Korea-US To Share Wireless Internet Standard
Saturday February 28, 12:27 am ET


SEOUL -(Dow Jones)- South Korea and the U.S. have agreed to adopt each other's wireless internet platform standards, resolving a disagreement that had threatened to trigger trade tensions, reports the Maeil Economic Daily.
In line with the agreement, Korea and U.S. have decided that BREW, developed by Qualcomm Inc. (NasdaqNM:QCOM - News) , and WIPI, developed in Korea, are acceptable standards, the article said.

The newspaper reports that the Korean Minister of Information and Communication Daeje Chin asked the chairman of Qualcomm to develop a version of BREW that can be compatible with WIPI which the chairman accepted.

-By Sue Chang, Dow Jones Newswires; 822-732-2165; [e-mail]

http://biz.yahoo.com/djus/040228/0027000003_1.html