Latest in 3g

Image credit:

Nokia exits chip development, licensing out modem technology

Darren Murph
08.14.07
Share
Tweet
Share
Save

Sponsored Links

Not too long after Nokia delved deeper into media sharing, the firm is now pulling out of the 3G chip development realm and licensing out its modem technology in order to better utilized R&D resources. Reportedly, STMicroelectronics will grab the reigns to develop 3G chips based on Nokia technology, and while the company "will continue to develop its own modems, the decision to license out the technology will bring in additional revenue and allow new players to enter the technically difficult market." Granted, the move isn't entirely surprising considering that mobile companies are shifting further away from anything that's not a core competency, but 200 Nokia employees will be transferred over to STMicro in Q4 as a part of the move.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Disney+ public pre-orders are open, but without deep bundle discounts

Disney+ public pre-orders are open, but without deep bundle discounts

View
Facebook's Libra currency will get half its backing from the US dollar

Facebook's Libra currency will get half its backing from the US dollar

View
AMD delays 16-core Ryzen 9 CPU to November

AMD delays 16-core Ryzen 9 CPU to November

View
Erica's modular synth helps you make music with preset cards

Erica's modular synth helps you make music with preset cards

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr