Nokia secures 5G chip partnerships with Intel and Marvell

Nokia hopes partnerships with Intel and Marvell will accelerate the development its 5G chipsets amid concerns about the Finnish firm’s progress in delivering its next generation networking strategy. Both deals concern the development of silicon technology and are aimed to improve the capabilities of Nokia’s ReefShark family of chipsets used to power its radio access technology (RAT). However, Nokia’s 5G strategy has come under scrutiny from media and investors. The high cost of developing 5G technology and intense competition in the sector has resulted in the firm cutting its financial outlooks and pausing dividends in recent times. The company will hope the announcement of these deals, which bring additional silicon expertise and technologies to the table, will ease any worries.

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