Company is set to ship its first device in early 2009, aiming to benefit from its know-how and experience in 3G technologies. Nokia, the world's top cell phone maker, plans to tap the surging market ...

Nokia is selling off its wireless modem business to Renesas Electronics, a move that could help the mobile giant better focus on phone competition and get rid of a business that may have been ...

Stephen Elop, President and CEO of Nokia Corporation Nokia and Renesas Electronics Corporation today announced the completion of Renesas Electronics’ acquisition of Nokia’s Wireless Modem business, ...

When big companies start to struggle, it's often because they've over-diversified. Why pay someone else to do this for us when we can do it cheaper and better ourselves, they seem to think, but when ...

A Nokia executive recently said that the company has plans to entire the wireless modem business and will have its first product ready by early 2009. Wireless modems, sometimes called dongles, are ...

Semiconductor manufacturer Renesas Electronics is to acquire Nokia’s wireless modem business for US$200 million in a move targeting the HSPA+ and LTE market sectors. Renesas has been licensing Nokia’s ...