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Intel Corporation Message Board

  • ideal_invst ideal_invst May 17, 2012 4:34 PM Flag

    Nokia may move from TI to Intel for its Asha line of Smartphones

    Asha line of low-cost smartphones - one of the brighter spots in Nokia's portfolio.

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    Wunderlich Securities’s Matthew Robison today reiterates a Buy rating on chip technology designer Ceva (CEVA), writing that the Mountain View, California designer of “digital signal processors” could benefit as Nokia (NOK) switches processor makers for its “Asha” line of low-cost smartphones, which have been one of the brighter spots in Nokia’s portfolio.

    Robison, in fact, thinks Nokia is preparing to dump Texas Instruments‘s (TXN) “OMAP” processors in favor of those from Intel (INTC) and Broadcom (BRCM) not just from Asha, but going forward as well, with new, as-yet-unreleased handsets.

    http://blogs.barrons.com/techtraderdaily/2012/05/17/ceva-could-benefit-from-nokia-flip-to-intc-brcm/?mod=google_news_blog

 
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