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Nokia to stop making CDMA phones

Well I guess that is the end of that. No more CDMA phones for Nokia or those who purchase phones from Nokia, either.

ESPOO, Finland (Reuters) -
Nokia (NOK1V.HE), the world’s largest mobile phone maker, said it would stop making phones using the
CDMA standard and had scrapped plans to produce them with Japan’s Sanyo Electric Co. (6764.T).

The Finnish company said on Thursday it would pull out of CDMA (Code Division Multiple Access) phone manufacturing, which it sees as a shrinking market in the longer term. It will continue to offer Nokia-branded CDMA handsets, made by contract manufacturers, in North America where the standard is popular.

CDMA is the less popular wireless telephony technology, used by 25 to 30 percent of mobile subscribers, and competes with the GSM standard used by about 70 percent of the world’s 2 billion mobile phone users.

Though Nokia holds the number one spot in global handset sales, built on its strength in GSM which it helped to invent, the Finnish company has trailed in CDMA. It has tried to avoid using chips by Qualcomm Inc. (Nasdaq:QCOM - news), but could not avoid paying significant technology licensing fees to the U.S.-based firm which holds most patents to the CDMA technology… Source: Reuters

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