HELSINKI (Reuters) - Finland's Nokia Oyj (HE:NOKIA) has entered into partnership with Intel (O:INTC) to accelerate its so-far sluggish shift to 5G, the company said on Thursday, a day after announcing a similar deal with Marvell Technology (O:MRVL).
Nokia has struggled with slower-than-expected development of its Reefshark system on chips (SoC), which allow a single chip to carry an entire computer system, enabling Nokia to produce equipment more cheaply.
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"Nokia is working with multiple partners to support its ReefShark family of chipsets, which are used in many basestation elements," the Finnish firm said.