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[Mobile Technology] Article: Nokia and Siemens Phones To Merge?

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« on: October 01, 2006, 01:54:29 AM »
Article: Nokia and Siemens Phones To Merge?
The Wall Street Journal is reporting that Nokia and Siemens is planning on merging its phone equipement. The merge will apparantly save $1.58 billion by eliminating duplicate Research & Development operations. But the real benefit of the merge would be the stronger market position in the midst of emerging Asian competitors.
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