he last quarter of 2001. The rebound was made possible through a surge in demand for cell phones powered by CDMA technology and the company's growing presence in China, Japan and South Korea. Finally, talking cars Well, sort of. QUALCOMM teamed up with Ford Motor in a venture aimed at bringing everyday cars closer to Knight Rider's KITT, in July 2000. Coined Wingcast, the joint venture concentrated on delivering wireless services to automobiles, including the full range of phone, Internet, entertainment, navigation and safety services. Things looked good for the joint venture until the company closed its doors in June 2002. There were a number of conflicting reasons given for the closure, include changing technology and new customer demands, but the real reason seems to be sluggish car sales at Ford. Ford had an 85 percent stake in the company, while QUALCOMM owned 15 percent of it. It was reported that QUALCOMM had invested about $25 million in exchange for the 15 percent stake in Wingcast, while Ford never publicly stated how much it had invested. In the fallout after Wingcast's demise, QUALCOMM took about a $14 million loss and said that it was writing off another $11 million on its remaining investment in the third quarter of 2002. Growth in the East QUALCOMM reported in early 2004 that it expects the booming Indian and Chinese telecom markets to continue powering the company's growth as demand for wireless services expands in the world's two most populous nations. There are currently more than a dozen Indian carriers adding a whopping 1.6 million wireless users each month. QUALCOMM is projecting that about 13 million CDMA phones will be sold Visit Vault at www.vault.com for insider company profiles, expert advice, VAULT CAREER career message boards, expert resume reviews, the Vault Job Board and more. LIBRARY Vault Guide to the Top Telecom Employers QUALCOMM Incorporated in India and nearly 14 million in China during 2004 - a big chunk of the total estimated global sales of 142 million units. India has recen