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The Boss. [C5] Nokia Raises Profit Expectations Nokia, the world's largest maker of cellular phone handsets, said that its fourth-quarter earnings might turn out better than previously stated goals.
NTT DoCoMo Inc., Japan's largest mobile phone operator, said today that it would sharply cut sales of cellular phone handsets that offer Internet access through the end of May to ease the load on its overtaxed infrastructure.
I-mode became so popular in Japan that DoCoMo recently had to limit sales of cellular phone handsets that offer Internet access to ease the load on its overburdened network.
It is not because of the area's soaring valuations: Nokia, a leading maker of cellular phone handsets and the consensus choice of money managers looking for a must-have wireless play, trades at about 70 times earnings, about twice the price-to-earnings ratio of the S. & P. 500 stock index.
How could any one sector look quite as promising as cellular phone handsets have in the last year or two?
Motorola is feeling the capacity crunch in almost all its product categories, led by the strong demand for chips that go into its cellular phone handsets and memory chips for the phone market.
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Mr. Tchuruk confirmed that Alcatel would lose about three billion euros, or $2.57 billion, in the second quarter because of a one-time charge of the same amount to cover the cost of reorganizing its cellular phone handset and business services operations.
The company licenses its wireless technology, a version of code division multiple access, to cellular phone handset companies.
DSP Communications is one of the small but key companies that supplies semiconductors to cellular phone handset makers.
According to Lin, Motorola is in the sweet spot of the cellular phone handset business because it makes many of the chips used in its devices.
According to sources familiar with the company, Qualcomm is pretty close to finalizing a deal to sell it's large but unprofitable cellular phone handset business.
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