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Nokia fell $1.71, to $35.28, after the cell phone maker warned that first-quarter profits would be less than expected.
The first members were the cell phone maker Nokia, the computer manufacturers I.B.M. and Toshiba, and the chip maker Intel.
Motorola, the cell phone maker, provides health benefits to 230,000 workers, retirees and dependents around the country.
Rising in sympathy, the American cell phone maker Motorola added 3 cents, to $19.03, and Nokia of Finland rose 43 cents, to $21.63.
Nokia rose $2.51, to $19.51, after the cell phone maker reported second-quarter earnings of 15 cents a share; analysts had expected 13 cents.
Motorola, the No. 2 cell phone maker behind Finland's Nokia, said it would also work closely with Hutchison's infrastructure vendors and application developers.
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Qualcomm generates revenue primarily by collecting royalties from companies that use its code and by selling chips to cell phone makers.
Cambridge Display Technologies of Cambridge, England, has developed its own approach to O.L.E.D. displays: it is aiming to sell the screens to cell phone makers.
Portfolio managers and analysts tend to divide the sector into three areas: cell phone makers like Nokia, wireless service providers like Vodafone AirTouch and an assortment of wireless software application providers, which offer the riskiest play on the theme.
Cell phone makers are putting GPS in phones.
The idea certainly has support among cell phone makers.
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