Qualcomm (QCOM) - Get Report Qualcomm was up 6.3% in late morning on news of contracts from China Unicom to build a massive mobile phone network based on Qualcomm's CDMA standard. Qualcomm will receive royalties on the technology.

China Telecom awarded contracts worth a total of $1.46 billion, to companies including

Lucent

(LU)

,

Motorola

(MOT)

,

Nortel

(NT)

and

Ericsson

(ERICY)

.

Lucent was up 0.9%, Motorola was down 4.5%, Nortel was up 0.5% and Ericsson was down 2.9%.