Nokia Gives Sanyo, CDMA Development the Can June 24, 2006

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Back in February Nokia and Sanyo announced a joint venture that would be developing and producing CDMA devices. Well the unfortunate news is that this venture is now dead in the water before it even took off. Nokia will be pulling out of the CDMA phone manufacturing market because lack of interest and declining demand. America is one of the lone places that the CDMA standard is still popular and used. Nokia will continue to sell their current CDMA handsets but they will be reducing their own research and development of new CDMA devices. Nokia and Sanyo just need to hug it out. Hugging it out solves everything. – Travis Hudson

Nokia Drops CDMA Join Venture with Sanyo [Mobiledia]