Qualcomm in Taiwan Deals
Reuters
Qualcomm Inc. said it has licensed Taiwan’s largest cordless-telephone maker, Cherish Telecom, to use Qualcomm’s code division multiple access, or CDMA, technology, in a multimillion-dollar deal. San Diego-based Qualcomm also said it entered into a licensing agreement with First International Computer, also of Taiwan. Qualcomm shares closed down $1.88 to $53 on Nasdaq.