Seeking Alpha

Global handset sales figures affect more than Nokia (NYSE:NOK) and Motorola (MOT) stock -- component suppliers to the handset makers are also, of course, impacted by those market dynamics. But how, for example, can a Texas Instruments (NASDAQ:TXN) investor know to what degree TXN is exposed to Nokia's fortunes? To that end, here's a chart of component suppliers and their top customers, courtesy Lehman Brothers' Global Equity Research:

Source: Handset Component Suppliers' Top Customers (QCOM, TXN, TQNT, ERICY, SLAB, RFMD, SWKS)