Qualcomm CEO Paul Jacobs yesterday refused to predict how Nokia's deal to make CDMA-standard phones with Sanyo would affect Qualcomm's fortunes, or whether Nokia was reducing its commitment to CDMA. "There have been people who have come to me and [said] this [joint venture] signals that Nokia is getting out of the business," Jacobs said. "Rather than listen to what everyone is saying, we're going to see how people are going to act."

Full Story:

Related Summaries