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.