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Microsoft and Flextronics team to offer low-cost
Business Home Internet by Peter Shout
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Business Mlm Opportunity Flextronics announced that it was teaming with Microsoft to begin manufacturing low-cost smartphones that are to be based on Microsoft Windows Mobile software.If you would like to receive late breaking news on technologies covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page
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Based Business Home Income Feb 15, 2005 (AXcess News) Cannes France - Flextronics Corporation (Nasdaq: FLEX), one of the largest mobile phone manufacturers globally, announced that it was teaming with Microsoft Corporation (Nasdaq: MSFT) to begin manufacturing low-cost smartphones that are to be based on Microsoft Windows 2003 Mobile software.The smartphone, called Peabody, is a low-cost, feature rich original design and manufacture (ODM) platform developed by both companies that is to be made available to OEMS.
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Based Business Home Internet The announcement was made at the 3GSM conference for mobile devices in Singapore Monday. The smartphone's features are to include Bluetooth connectivity functionality, short-range wireless option, 1.9" color display and ability to operate on GSM/GPRS/EDGE networks with 3.5 ounces in total weight.
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Business Homebased Opportunity The smartphone's development comes at a time when Microsoft faced stiff competition from Nokia (NYSE: NOK) and its Symbian operating system based smartphones for the high-end mobile phone market. The joint develop with Flextronics will open markets for Microsoft through Peabody's low-cost approach.
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Based Business Home Mlm Terms of the deal were not disclosed.Tom Deitrich vice president of ODM products at Flextronics was quoted as saying that Peabody will provide OEMs with a cost-effective way to quickly expand their product lines and respond to market demands. Advertisement
Business New Opportunity Shares of Flextronics closed at $14.09 Monday, down 6 cents. Shares of Microsoft closed at $26.01, up 4 cents. AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.
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