Om Malik follows the money in response to Texas Instruments (NYSE: TXN) latest report:
Given the close relationships between Nokia and Texas Instruments, my feeling is that Nokia is doing better than expected, and the recent product introductions have started to pay-off for the company. I have heard stronger than expected demand for its high end phones, especially the N-Series which is getting a lot of early buzz. Gartner recently increased its 2005 mobile-phone handset forecast to 750 million units from 720 million, which bodes well for Nokia and TI. Texas-based chip giant still has some problems - it has too much inventory of DLP chips, which are used in new kind of DLP television sets and projectors, which are moving far slower than expected. You can figure that out by lack of interest in those televisions versus LCD TVs, by visiting any local Best Buy store.
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