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According to Globes Online, Qualcomm is going to pour $7m in to handsets company Modu. You might remember Modu as the company that developed very small, fascia-chaning mobile devices – all very design-centric (check out our previous stories here, here, and here). The company will then have had a total of $92m, which is a decent amount of cash-ola.
Modu has had a variable ride over the last year – it got a lot of positive press attention, and then laid off 25% of it’s staff. Also, perhaps it’s just me, but the concept of fascia-changing devices never really caught on, did it? Nokia did it some time back with their Xpress-On range – and if the world’s largest handset vendor can’t make a success of it, what chance does a smaller company have?
Well, I won’t wish problems on any company – especially when it comes to people losing their jobs – so let’s hope Modu goes from strength to strength from here, and has a good 2009!
[Via: Globes Online]
About The Author
Ben Robinson
Ben is a 10+ year veteran of the Mobile industry – starting his career when SMS was a still a relatively new concept for most people (!), he has now consulted on everything from bleeding-edge Mobile content, to the next-gen accessories you might view it on. As a result he has a broad and deep knowledge in numerous areas of Mobile – from network operators to device vendors, to infrastructure and middleware vendors (not to mention content delivery) – and has worked for companies in all of these areas! He is based in the UK, a hotbed of activity for mobile, and recently became a father for the second time – as oppose to in his younger years when he was happy spend time tweaking all manner of mobile devices to 'nth' degree, he now looks for services and hardware that provide the most efficient, compact, and reliable improvements to his already manic life! It’s his opinion that Mobile solutions should be there to help to make your life better – if a particular solution (be it service or device) isn’t doing this, he believes you need to ask the very important question of why you continue to use it... His focus at IntoMobile is mainly on Mobile content, services, and infrastructure, particularly as regards the UK market – and with the occasional look at devices. Additionally, using his extensive experience in the industry, he will provide commentary on the industry at large, with regular (and hopefully thought-provoking) articles.
