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Go East, Nokia
Nokia is dipping into China, hoping to get a firmer grasp on the epicenter of Asia's rapidly growing economy and the world's leading cell phone marketplace. "Nokia said on Friday that it will launch a telecom-focused post-doctoral program in China. The company also plans a new unit for promoting open platform technologies and will start a research facility to focus on the CDMA cell phone platform." The Financial Times and The Associated Press reported that Nokia announced its Chinese expansion plans after surprising industry watchers with its recently lackluster performance. |
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