TMCnet News
Qualcomm cooperates with Chinese terminal producers in developing CDMA marketBEIJING, Feb 11, 2009 (Xinhua via COMTEX) -- Qualcomm licensed its CDMA2000 patent to a group of Chinese cell phone manufacturers, including LT Mobile, Tianyu and Linktop, over the past three months. The world's number one provider of wireless technology had predicted earlier that it would boast a user base of 1.6 billion by 2012, owing to the transformation of 2G into 3G. Between 2008 and 2012, its business growth in Asia-Pacific could beat market expectation. Under the stimulation of China Telecom's (0728.HK; CHA.NYSE) large investment and procurement this year, the growth of China's CDMA cell phone market will be great, said an industrial insider. Competition will heat up as many GSM mobile phone manufacturers are entering the CDMA field, he added. China's CMDA cell phone market rebounded in the end of 2008 market research firm Sino-MR, sales volume of CDMA handsets topped 1.29 million during December 2008, up 33.6 percent year on year and 183 percent month on month, marking a five-year high. The global cell phone market will see a 5 percent slide this year while the Chinese market will keep growing, predicts iSuppli, and China's mobile phone market size will top 240 million in 2009, up more than 7 percent year on year. Insiders with China Telecom consider China an important market for CDMA business and expect Qualcomm to realize the market condition and give more supportive pricing. Qualcomm refused to comment. |