Tag Archives: Renesas Electronics
Nokia Sells Off Wireless Modem Business For $200 Million
Nokia Corporation is selling off their wireless modem business for $200 million to Renesas Electronics. The assets are expected to transfer in Q4 2010. The assets include Nokia’s 1,100 R&D resources in four countries, several patents, and wireless modem technologies for GSM, HSPA, and LTE networks.
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