• Most Popular
  • Most Shared

Intel to supply Nokia with mobile chips - Bloomberg

Tue Jun 23, 2009 12:03am EDT

Stocks

   

June 23 (Reuters) - Intel (INTC.O) will supply Nokia Oyj (NOK1V.HE) with processors for mobile devices, as it seeks to enter into the expanding wireless and mobile markets, Bloomberg said, citing a person familiar with the matter.

Stocks

The world's top chipmaker will announce the deal at a conference call Tuesday, the person told the news agency.

Intel has scheduled the conference call for an "important announcement" with Anand Chandrasekher, senior vice president and general manager of the company's ultra mobility group.

Intel declined to comment on the report. (Reporting by Chakradhar Adusumilli in Bangalore; Editing by Lincoln Feast)

Stocks


More from Reuters

Photo

Senate panel approves Bernanke nomination

WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video

» More Top News
President Barack Obama delivers remarks at Lehigh Carbon Community College in Allentown, Pennsylvania, December 4, 2009. REUTERS/Jim Young
Analysis:

Would you give him a B+ too?

"I told Michelle when we got here that in six months my poll numbers will start crashing," says President Obama. He's not worried -- yet.  Full Article 

Barack Obama
Bernd Debusmann
Bernd Debusmann:

Burning borrowed money

The Pentagon burns through $5 million in borrowed money every hour in Afghanistan and the amount is expected to more than double once additional troops are deployed.   Commentary 

Afghanistan