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Nokia Corporation Message Board

  • rawdy Feb 21, 2013 11:19 AM Flag

    Qualcom silently supporting Nokia. Moving away from Android. Supply shortage will always be a side noise

    Nokia Corp. (NYSE: NOK) is lower in early trading Thursday amid good/bad expectations.

    EVLI said today that Nokia might be facing supply shortages for its Lumia smartphone line. The firm noted that Qualcomm's (Nasdaq: QCOM) Snapdragon 600 chip will be used in the new HTC One, while Samsung might use the chip in its Galaxy S IV smartphone.

    EVLI noted that it would be in Qualcomm's interests to diversify away from Google (Nasdaq: GOOG) Android-based devices, potentially a boon for Nokia.

    Nokia is expected to announce new Lumia devices at Mobile World Congress 2013 in Barcelona, Spain.

    Sentiment: Strong Buy

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    • I don't understand where this is going- Nokia has a supply shortage, HTC and Samsung will use Qualcomm, and it's in Qualcomm's interest to support Nokia (???).

      What am I missing? If Nokia has a supply shortage, and Qualcomm is one of the suppliers not providing Nokia with needed materials, Nokia should look to other suppliers. If Qualcomm is supplying Samsung and HTC, why would Nokia go with Qualcomm?

      Really - what am I missing?

      Nokia could go with Intel? Based on what I've read, I think that's where Nokia will go in the future.

      Disclosure - I'm recently long Intel. Intel has more chip producing capacity than anyone, and in the next 2 years will be making chips with performance, cost, power usage profiles no one will be able to touch. Nokia will buy Intel chips in the future.

    • You moron.

      Sentiment: Strong Sell

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