Motorola breaks ?poor? price barrier
Tuesday, April 5, 2005
The phone Motorola is designing has immense potential. The company is in line to sell 6 million immediately to carriers in poor countries, with the additional potential to reach 100 million per year in shipments. Nokia is also in the game. In January, the company said it plans to start selling a low-cost GSM phone using a Texas Instruments chip. And not to be outdone, Qualcomm, in February, said it has designed low-cost chips for CDMA phones for Latin America, India, and China.
Story found here.
Source: Red Herring