Nokia Moving Away From Texas Instruments, Closer To Infineon and Qualcomm?

A couple of strange events at Nokia (NOK): First, the Korean press are reporting that Nokia have chosen the Infineon chipset , the E-GOLDvoice, for use in some future handsets. As far as I am aware this is the first time that NOK have strayed away from Texas Instruments (TXN) in a long, long time. However, dual sourcing makes sense especially for someone as large as Nokia.

Second, Phone News is reporting that Nokia, Qualcomm (QCOM) and Sprint (S) have scheduled a press conference for Wednesday. This could be very big news indeed. Phone News seem to think it could be NOK returning to CDMA handset production with QCOM chipsets. Racking my brain, I think the more likely outcome is licensing some of QCOM's technology for interoperability with the next generation Sprint network build out of WiMax.

My personal favourite would be the announcement of the world cellular heavyweight smackdown in the Spring, with Sprint as the referee with a world record purse up for grabs in the form of future CDMA Royalty Rates.