C2, Re: NOK and "It's not too late for Nokia, but there is not much time left. Of course, these efforts may not necessarily be visible to anyone. I'm not plunking my money down on it at this time, despite the potential for a terrific value play, because I'm not sure Nokia management is up to the task. "
When to invest- perhaps when they bite the bullet / bury the hatchet and slip a QUALCOMM chipset inside.
Remember this, about a year ago?
>>>>>>>>>>>>
MAY 8, 2003
businessweek.com
STREET WISE
By Olga Kharif
Qualcomm's Mixed Signals.
.snip...>>>>>>>>
SHARPER CHIPS. Qualcomm's Thornley believes that despite Nokia's latest move with the 6585 model, it will eventually follow in the lead of No. 2 cell-phone maker Motorola (MOT ), which stopped producing its own chips and turned to Qualcomm -- a move that accounts for much of Qualcomm's revenue boost this year. Nokia has yet to make any overtures, but Qualcomm has expertise and enjoys greater economies of scale, Thornley says. |
