Politics dominate the country's business scene. In China, the rug could still be pulled out of under them. As the former state telecom monopoly, China Telecom might have the bureaucratic muscle to slow down or derail Qualcomm's CDMA gravy train. But many analysts believe that CDMA will vanquish GSM in China and other places because of the latter's lower data-transmission capacity. And although Qualcomm might not see significant returns in the short term, the Chinese deals could put millions of customers on CDMA networks.
China is a big market.
And as long as Qualcomm can maintain the lead in the standards race, investors will likely stay jazzed about the stock. Bid on or offer business services Web design, logo design, computer consulting, and more. Business Week Online may receive a share of any fees you pay for services. The McGraw-Hill Companies Inc. All rights reserved.