Nokia thinks NoTA concept could save 99 percent of handset development costs

It's apparently estimated that those wild Japanese handsets can cost anywhere from 10 to 20 billion yen to develop, which translates to a range of $110 million to $220 million -- yes, close to a quarter billion frickin' dollars just to pump out one phone (no wonder Mitsu tapped out). The Nokia-backed NoTA initiative, short for Network on Terminal Architecture, hopes to fix all that by compartmentalizing a phone's functions into swappable modules that all know how to play nice with each other out of the box -- think of it like a Lego set for phone makers. If Nokia's estimates are even close to right, the potential benefits of NoTA are staggering, with development time for new models slashed by two-thirds and costs cut by 98 to 99 percent. The company is working with parts suppliers to get NoTA adopted, and a number of Japanese handset manufacturers have apparently expressed interest as well. Don't suppose the interest has to do with saving 9.9 billion yen per model, does it?

Read - Nokia claims 98 to 99 percent development savings with NoTA [Warning: subscription required]
Read - NXP's NoTA primer