Friday, September 17, 2021

Nokia enters 5G partnership with Marvell Technology

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Nokia Oyj has partnered with Marvell Technology, the companies announced Wednesday that Nokia has tried to accelerate its previous transition to 5G.

Nokia has struggled with slower-than-expected development of its Reefshark system on chips (SoC), which allows a single chip to carry an entire computer system, enabling Nokia to produce equipment more cheaply.

Nokia with Marvell Technology for 5G Technology

“The two companies are developing a new generation of custom system on chip (SoC) and infrastructure processors combining Nokia’s differentiated wireless technology with Marvell’s industry-leading, multi-core ARM processor platforms,” Nokia said.

Shares in Marvell opened 2.5% higher, while Nokia was 0.5% higher.

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