Nokia Lego Bus modem into Japanese Companies

As quoted from Cellular News, the Finnish cell phone companies: Nokia, has decided to sell its modem business wireless with a Japanese company, Renesas Electronic registration for $ 200 million U.S..

Wireless modem business to be transferred to the Electronic Renesas covers technology for the LTA, HSPA, and GSM. In addition, Nokia also will transfer certain patents associated with the transfer of technology assets.

Not only that, the transfer plan will also include approximately 1100 Nokia R & D staff, the majority located in Finland, India, UK, and Danish.

"Wireless Modem is an integral part of the current chipset solution, and we believe that Renesas Electronics, is one of the keys in the chipset market, which in an ideal position to develop further this offering. This alliance allows us to continue to focus on our core business , ie, connecting people through our mobile products and solutions, "said Kai Oistamo, Executive