The Mobile Land Rush Continues: Now it's Intel + Nokia

Intel Said to Have Landed Nokia as a Customer for Mobile Chips -
from Bloomberg.com: "June 23 (Bloomberg) -- Intel Corp., the world’s largest chipmaker, will sell processors to Nokia Oyj for mobile devices, marking the biggest breakthrough in Intel’s expansion into the phone market, a person familiar with the matter said.

The deal will be announced on a conference call today, said the person, who declined to be identified because the details are confidential. Anand Chandrasekher, senior vice president of Intel’s ultra-mobility group, will deliver the news.
. . .

Intel, whose microprocessors run more than 80 percent of the world’s personal computers, has struggled for about a decade to get a foothold in the market for mobile-phone chips. Chandrasekher leads a group that sells a scaled-down version of Intel’s personal-computer processor. The chip, called Atom, is designed for mobile devices that access the Web and handle basic computing functions.

“Even if they get just a piece of Nokia’s business, it’s a big deal,” said Will Strauss, a Cave Creek, Arizona-based analyst for research firm Forward Concepts. “Nokia is still the biggest cell-phone maker in the world.”