Brief: Nokia and STMicroelectronics deal to produce 3G chipsets is complete
By Stefan Constantinescu on Monday, November 5th, 2007 at 1:16 AM PST In Nokia
It took 3 months, but Nokia (NYSE: NOK) and STMicroelectronics (NYSE: STM) finally sealed the deal they announced earlier in August to transfer 185 employees from Finland to the UK. Nokia is no longer making their own chips but instead outsourcing their effort. We all know this press release will fall on deaf ears with less than 10 hours to go to hear about Google (NSDQ: GOOG)’s mobile plans.
