Qualcomm's strength was in selling chipsets into its own technology, ... Inasmuch as China does not, on a dominant scale, deploy Qualcomm's technology, the prospects for their chip business are changed.
More Quotes from Pete Peterson:
The cooperation in the fullest possible accounting is excellent and we need to give the Vietnamese credit for having stayed the course on that,Pete Peterson
Qualcomm will still get royalties, because they have key intellectual property rights for using CDMA in mobile telephony, ... What is a little more at risk is what it means for Qualcomm in terms of their chipset business.
Pete Peterson
(That relationship would) bring stability to a region and to a country that has been obviously destabilized for decades and decades.
Pete Peterson
Now it looks like the pie is going to have a significant portion of WCDMA in it, and the investment community has not developed a comfortable consensus on what that means, ... That's why we're seeing the fluctuation.
Pete Peterson
No one came to us and gave us a choice they just came to us and said here it is. You have to take it you can't do anything about it. And you're going to have to pay lots more money for it. And we don't think that's fair.
Pete Peterson
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