Nokia (NOK) and a slew of academic/business partners have received a 10-year, €1B ($1.36B)...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia (NOK) and a slew of academic/business partners have received a 10-year, €1B ($1.36B) EU grant to research and commercialize graphene, an ultra-thin structure said to have "a breaking strength 300 times greater than steel," and which could potentially have a variety of electronics applications. A Nokia R&D exec compares graphene's importance to that of silicon and cheap iron. Hyperbole? We should have a better idea within a decade.