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 »
IBM will bulk up its line of Opteron-based products later this year with the roll-out of a new workstation
more »
After years as working implementations, the Voice XML 2.0 (VXML) and Speech Recognition Grammar Specifications (SRGS) won the World Wide Web Consortium's (W3C) seal of approval Tuesday
more »
Nortel Networks Selected by Telekom Baltija to Deploy CDMA2000 1X 450 in Latvia; Network Planned to Offer Voice, High-Speed Data Services
more »
The European Parliament approved a controversial piracy law that would allow local police to raid the homes and offices of suspected intellectual-property pirates
more »
search.lt presents newest links
more »
"Unicaster" – for advertising, announcements, presenting nightly life in Vilnius...
more »
Such editions as encyclopaedias, dictionaries, albums and geographical maps were issued on the CDs at first. Nowadays majority of the libraries, archives and museums is concerned of their funds’ security thus they are accumulating the copies of the books in the electronic libraries.
more »
The most-read webloggers aren't necessarily the ones with the most original ideas, say researchers at Hewlett-Packard Labs
more »
Removing the media player from Windows may help level the playing field for competitors
more »
Company also readies Flex framework
more »