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Winners From China’s New 3G Expansion (MOT)(QCOM)(TXN)(BRCM)

247wallst — Sun, 04 Jan 2009 08:02:10 +0000

The Chinese government has finally set up a system to bring fast wireless 3G service to its citizens. In a country where handsets are used the way that many people in the US and EU use laptops, the move will bring a new generation of multimedia access to hundreds of millions of people and should make several US companies a lot of money.

According to The Wall Street Journal. "China Mobile Ltd. (CHL), the dominant carrier, would be assigned the Chinese-developed TD-SCDMA standard. The global standards WCDMA and CDMA-2000 are to go to China Unicom Ltd. (CHU) and China Telecom Ltd., respectively."

While US and EU equipment and chip providers will not make money from the local Chinese 3G standard, they could make billions of dollars providing chips and infrastructure for the global standards.

In the chip business, Qualcomm (QCOM), Broadcom (BRCM), and Texas Instruments (TXN) are all likely to provide components for 3G handsets. Nortel (NT) and Ericsson are large providers of infrastructure components as is Nokia Siemens Networks .

Motorola (MOT) is a large supplier of CDMA-2000 components.

Many of those companies should make money on the new Chines build-out, unless China tries to push all of the business to firms inside its borders.

Douglas A. McIntyre

Posted in China Tagged: BRCM, CHU, CN, MOT, NT, QCOM

Asia Markets 9/2/2008 (LFC)(CN)

247wallst — Tue, 02 Sep 2008 02:27:19 +0000

Markets in Asia fell.

The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670.

The Hang Seng dropped 1% to 20,689. China Life (LFC) rose 2% to 27.55. China Netcom (CN) rose 1% to 18.42.

The Shanghai Composite fell .9% to 2,305.

Data from Reuters.

Douglas A. McIntyre

Asia Markets 9/2/2008 (LFC)(CN)

247wallst — Tue, 02 Sep 2008 02:27:04 +0000

Markets in Asia fell.

The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670.

The Hang Seng dropped 1% to 20,689. China Life (LFC) rose 2% to 27.55. China Netcom (CN) rose 1% to 18.42.

The Shanghai Composite fell .9% to 2,305.

Data from Reuters.

Douglas A. McIntyre

Asia Markets 8/20/2008 Shanghai Up Over 7% (LFC)(CN)

247wallst — Wed, 20 Aug 2008 02:20:06 +0000

Shares in Asia were mixed while the Shanghai Composite rose 7.6% to 2,523.

The Nikkei was down .1% to 12,852. Bridgestone fell 4.2% to 1860 Casia was off 3.7% to 1229.

The Hang Seng rose 1.9% to 20,878. China Life (LFC) fell 1.2% to 37.35. China Netcom (CN) fell 2.1% to 20.90.

Data from Reuters.

Douglas A. McIntyre

Asia Markets 8/19/2008 (LFC)(CN)

247wallst — Tue, 19 Aug 2008 02:20:03 +0000

Most markets in Asia were down.

The Nikkei fell 2.3% to 12,865. Casio fell 3.7% to 1229. Bridgestone rose 2.1% to 1890.

The Hang Seng fell .8% to 20,757. China Life (LFC) fell 1.3% to 25.35. China Netcom (CN) fell 2.1% to 20.90.

The Shanghai Composite rose 1.1% to 2,344.

Data from Reuters.

Douglas A. McIntyre

Asia Markets 8/8/08 (LFC)(CN)

247wallst — Fri, 08 Aug 2008 02:25:11 +0000

Markets in Asia were mixed with Shanghai off sharply.

The Nikkei rose .3% to 13,168. Mazda was up 2.6% to 589. Sharp was off 1.5% to 1430.

The Hang Seng fell 1.2% to 21,837. China Life (LFC) fell 2.6% to 28.60. China Netcom (CN) fell 3% to 22.90.

The Shanghai Composite dropped 4.5% to 2,606.

Data from Reuters

Douglas A. McIntyre

Asia Markets 8/5/2008 (CN)(CHL)(CHU)

247wallst — Tue, 05 Aug 2008 02:16:17 +0000

Markets in Asia were lower.

The Nikkei fell .1% to 12,915. Hitachi rose 2.6% to 822. Nippon Oil rose 2.6% to 630.

The Hang Seng fell 3.% to 21,832. China Mobile (CHL) was down 2.8% to 101.60. China Netcom (CN) was down 5% to 22.80. China Unicom (CHU) was off 5.5% to 15.34.

The Shanghai Composite dropped 1.6% to 2,698.

Data from Reuters

Douglas A. McIntyre

Asia Market 7/31/2008 (NTT)(CN)(SNP)

247wallst — Thu, 31 Jul 2008 02:24:40 +0000

Markets in Asia were mixed.

The Nikkei was up .1% to 13,377. NEC was up 2.4% to 593. NTT (NTT) was up 4% to 553000.

The Hang Seng was up .3% to 22,764. China Netcom (CN) was up 1.9.% to 24.00. China Petroleum (SNP) was down 2.1% to 8.12.

The Shanghai Composite fell 1.6% to 2,791.

Data from Reuters.

Douglas A. McIntyre

Asia Markets 7/30/2008 (CN)(CHU)

247wallst — Wed, 30 Jul 2008 02:25:58 +0000

Markets in Asia were mostly higher.

The Nikkei rose1.6% to 13,368. Mazda rose 3.3% to 623. Nissan rose 3% to 837.

The Hang Seng rose 1.8% to 22,647. China Netcom (CN) rose 3.1% to 23.50. China Unicom (CHU) rose 3.8% to 15.94

The Shanghai Composite fell .5% to 2,837.

Data from Reuters

Douglas A. McIntyre

Asia Market 7/25/2008 (SNE)(LFC)(CN)(CHU)

247wallst — Fri, 25 Jul 2008 02:31:51 +0000

Markets in Asia fell sharply.

The Nikkei was down 2% to 13,335. Canon was down 4.9% to 5100. Mazda was down 5% to 527. Sony (SBE) was down 4.2% to 4360.

The Hang Seng fell 1.9% to 22,647. China Lfe (LFC) was down 3.6% to 29.30. China Netcom (CN) was down 4.1% to 22.50. China Unicom (CHU) was down 4.2% to 15.18.

The Shanghai Composite dropped 1.4% to 2,870.

Data from Reuters.

Douglas A. McIntyre