Nokia (NOK) May Face Chip Shortage for New Lumia Lineup (QCOM)
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Price: $10.12 -0.3%
Rating Summary:
24 Buy, 13 Hold, 6 Sell
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
24 Buy, 13 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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.
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.
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