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Nokia to implement nanotech to cut costs


Thursday, April 28, 2005 Nokia could start using nanotechnology in its phones within the next two to three years to help keep costs low, a top official was quoted as saying.

"In order for there to be three billion mobile phones in the world by 2010, costs will have to be on a completely new level," said the executive. "Phones below 150 euros are a very important segment for us where we are developing cost effective solutions. They could come from nanotechnology." 

Nokia said the new technology would only be used in phone components like casings in the first stage.

Nanotechnology deals with manipulating particles one-billionth of a meter in size, and promises benefits from a coating of paint that last decades to faster acting and more effective medicines.

By: DocMemory
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