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November 2, 2011 05:29 pm GMT

Nokia Strikes Supplier Deal With ST-Ericsson For Windows-Powered Handsets

nokia-logoIt's a big day over at ST-Ericsson. The chip maker, which has yet to turn a quarterly profit, just scored a major deal with Nokia to power its Windows Phone handsets. This deal effectively ends the monopoly Qualcomm has had over Windows-powered devices, and should also allow Nokia to sell lower-priced smartphones in new territories, reports Reuters.

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