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Friday, 10/15/2004 2:07:01 PM

Friday, October 15, 2004 2:07:01 PM

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Breaking News

http://www.investors.com/breakingnews.asp?journalid=23538453&brk=1

Nokia upgraded ahead of 'seasonally strong quarter'

By Brendan January
Last Updated: 10/15/2004 1:03:00 PM
Excerpt from above link:

<<Bechter said Nokia is making progress with carrier relationships, holding in-depth talks with Verizon (VZ), a company which it "historically has not had the best relationship (with)." The analyst added that Nokia may also be in discussion with several Chinese original design manufacturers (ODM).

These ODMs include BenQ, Lite-On and HTC, according to Bechter.

"We view all of these moves as positives indicating that Nokia is beginning to be more flexible with its processes," said Bechter.

The company is also entertaining the idea of buying chips from Qualcomm, said Bechter.>>


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