Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: John Biddle who wrote (32557)	2/18/2003 6:45:35 AM
From: John Biddle	Read Replies (1) \| Respond to of 196952

Nokia Says 3G Phone on Track story.news.yahoo.com CANNES, France (Reuters) - Nokia (news - web sites) said on Tuesday its first next generation 3G handset was on track for deliveries in the first half of 2003, making it one of the first major players to sell a phone in Europe running on the much delayed technology. Nokia, the world's largest mobile phone maker, said it had already delivered around 10,000 third-generation (3G) handsets globally to operators and infrastructure vendors, including Vodafone and Orange, Ericsson (news - web sites) and Nortel. "The first commercial deliveries of the Nokia 6650 are estimated to start (in the) first half of 2003," Nokia said in a statement given to the Cannes technology conference. The new standard, which aims to offer live video conferencing thanks to an inbuilt video camera and other multimedia services like e-mail and digital pictures, has already been delayed by several quarters as operators struggle to adapt to the new technology and worsening financial conditions. Smaller rival Sony Ericsson on Monday unveiled at Cannes its first 3G mobile phone that runs on the current GSM and next generation networks, but said it would be available only from the second half of this year. The Nokia handset would also work on both existing and 3G networks. Shares in Nokia, a technology bellwether, were hardly moved by the Cannes announcements, trading 0.7 percent lower at 13.13 euros and fairly in line with a negative DJ Stoxx European Technology Index. Ericsson, the world's largest manufacturer of mobile networks, was off 2.3 percent at 6.40 Swedish crowns due to a Moody's debt downgrade. Nokia's 3G handset model was first unveiled in late September when the Finnish company said it would have first be on sale in six months' time, indicating deliveries around March. It also played down any early significance of the technology. Handset manufacturers need to launch models that cater for all consumer segments, some offering built-in digital cameras, over the year to ensure sales grow and prices of handsets do not come under considerable pressure. Nokia also said it planned to have the so-called EDGE technology as standard in its new high-speed GPRS handset models from the second half of the year. EDGE is a mobile phone technology allowing much greater transmission speeds than in current networks and does not need new radio spectrum, unlike the other 3G technology WCDMA (news - web sites).