Philips preparing sub-$20 cell phones

Posted on Wednesday, June 29 2005 @ 23:30 CEST by Thomas De Maesschalck
Philips is preparing ultra-low cost mobile phones by the end of this year. The initiative is aimed to make handsets more widely available, especially in developing countries. The goal is to deliver cell phones under $20 to fuel fast-growing demand in regions like China, India, Africa, South America and Eastern Europe.
The Nexperia cellular system platform — including integrated hardware and software constituting the electronics needed in a mobile phone — should drive GSM handset costs below $20, according to Thierry Laurent, Philips Semiconductors' executive vice president of business development. The long-term goal, said Laurent, is to drive down total handset cost to below $15 by 2008.
More details at EET

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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