Qualcomm narrows focus, sells handset business.
Published:
29 December 1999 y., Wednesday
Qualcomm agreed Wednesday to sell its mobile phone manufacturing division to Japanese handset maker Kyocera Corporation for an undisclosed sum, clearing the way for Qualcomm to focus on its
more profitable businesses. The two companies announced that they have reached an agreement to sell Qualcomm_s CDMA phone business to Kyocera, including inventory, manufacturing equipment and
customer commitments. In addition, Kyocera will purchase Qualcomm chipsets and software for the next five years, the companies said. The Japanese phone maker estimates it will double its production of wireless handsets to 16 million units next year as a result of the deal. Aside from the boost it gives Kyocera in the U.S. market, the deal reflects the growing import of wireless technology, specifically wireless Internet-enabled cell phones, as the industry shifts from focusing on general purpose PCs to
single or limited-function devices capable of accessing the Internet and providing two-way communications. In the last month, Microsoft and Palm Computing, for example, have struck deals to
put their software on the Web-enabled phones of Ericsson and Nokia, respectively.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
China's crackdown on pornograhy is gathering pace following reports that 700 Web sites have been shut down and 220 people arrested as authorities try to censor XXX sites
more »
AMD to release Sempron early
more »
Instant messaging software firm Jabber has outlined plans for an XMPP-to-SIP Gateway that opens the door for interoperability with IBM's Lotus IM product
more »
A new vulnerability makes it easier for fraudsters to pass off content from bogus websites as the real thing
more »
search.lt presents newest links
more »
Microsoft CEO Steve Ballmer has criticised the lack of innovation in open source software
more »
European 'variations' will prevent Indian players enjoying same success as in US
more »
Speaking about an on-line
broadcast we mean not only television, we speak about Internet too. In
comparison to television the Internet allows us not only to see and hear on-line
program broadcast, it allows to realize all our ideas and thoughts in practice.
With only one button press we can enjoy a real time view of the wild Africans’
dances or the choppy Baltic Sea via Internet.
more »
A Hungarian virus writer escaped prison yesterday after he was convicted of writing a virus that infected tens of thousands of Windows PCs
more »
Swedish telecomms solutions provider Ericsson said on Monday (28 June) that the Estonian mobile operator EMT had launched its commercial EDGE service by using infrastructure supplied by Ericsson
more »