NOK jv's w/Siemens; TD-S+Wcdma; core competence is now ? Didn't really make the connection until seeing DR's recent post, but given Nok's track record, the JV is the topic of many smokey Beijing backrooms. Suspect China is being aggressively courted to somehow align with Wcdma . . . . or at least to trade royalties for market access . . . Seems to me that Nokia's core competence is no longer handsets, but has become regulatory manipulation and bureaucrat pocket lining.
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