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 »
LIVE Linux-Verband e.V., a German association promoting the interests of Linux users and software developers in the country, is mulling whether to drop the German subsidiary of The SCO Group Inc. as a member
more »
Applications and nominations for this year’s annual global ATM security awards will be evaluated by three independent international judges
more »
DAB, a decade-old digital radio broadcasting technology based on Europe's Eureka-147 standard, is poised to take off in volume later this year
more »
search.lt presents newest links
more »
National Bank launches 163 salary projects on plastic cards
more »
There's no doubt that eBay really is a vast improvement on the old Exchange and Mart when it comes to getting rid of unwanted items
more »
Howard Carmack, the notorious 'Buffalo Spammer' accused of sending more than 825 million unsolicited e-mails from illegal EarthLink accounts, has been arrested and arraigned in New York on four felony and two misdemeanor counts.
more »
Demand for information technology workers is at a four-year low, according to a survey from the Information Technology Association of America
more »
search.lt presents newest links
more »
Software giant fixes flaw, could face massive penalty
more »