Nokia Redirects Its 5G Business with System-on-Chip Tech

Nokia Corp. stumbled in its 5G business when it invested in an expensive computer chip; customers instead gravitated to Ericsson’s and Huawei Technologies’ less expensive processors. In 2018, the company began a two-year restructuring program, bringing in Tommi Uitto as the new head of its wireless equipment unit. He doubled the R&D staff and added two more chip suppliers, in an attempt to make more affordable chips. Now, a new president and chief executive, Pekka Lundmark, is about to take over the helm at Nokia from Rajeev Suri. Continue reading Nokia Redirects Its 5G Business with System-on-Chip Tech

Google Inks $1.1B Deal with HTC to Design, Produce Hardware

Google is stepping up its competition with Apple in the smartphone market. The company inked a $1.1 billion deal with Taiwan-based HTC, which added more than 2,000 smartphone specialists. Google will now be able to design more of its own hardware and may position itself to manufacture more custom silicon chips. Up until now, Google has focused on software, and purchased hardware from Samsung Electronics and HTC. Newly added HTC staff will help Google control more of the design and production. Continue reading Google Inks $1.1B Deal with HTC to Design, Produce Hardware