wireless modems

Nokia sells modem business, pledges ‘laser focus’ on smartphone segment

Finnish handset vendor Nokia has sold its wireless modem business to Japanese semiconductor manufacturer Renesas for $200m. The announcement came on the heels of a blog post from Anssi Vanjoki, head of the newly created Solutions unit within Nokia, in which he pledged to launch a fightback that would re-establish Nokia as leader in the smartphone space.

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