InterDigital Inc (IDCC)

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Qualcomm Joins Hands with China Telecom and CNC



BEIJING, Mar 04, 2003 (SinoCast via COMTEX) -- Qualcomm expressed on February 27, 2003 that it was negotiating with China Telecom and China Netcom on the issue of adopting 3G communications standard of Qualcomm.

Irwin Jacobs, CEO of Qualcomm, said, "We were negotiating with China Telecom and China Netcom, and we believe they will adopt our CDMA technology. But the negotiations are just beginning."

The America-based Qualcomm designs the CDMA and produce 90% of mobile phone chips. Analysts say China's telecom carriers are chasing the wireless service market although China's next generation communications business will not be put into operation before 2004. China Telecom and China Netcom have not been granted with mobile phone licenses and they may choose communications standards of Qualcomm, Europe or domestic standard TD-SCDMA.

Execs of Qualcomm say the company will build a joint venture with China Unicom pushing CDMA-based mobile communications services for wireless data application products. The new company may be made public in the future.
From CCID, Page 1, Monday, March 03, 2003
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KEYWORD: BEIJING
INDUSTRY KEYWORD: Joint Venture
International Exchange
SUBJECT CODE: Computers, Telecom and Information Technolog