ALU has hired Philippe Camus, as Chairman, and Ben Verwaayen, as CEO. The news was very well received by the financial community.
Motorola will pay a bonus (worth about $5m) to its CEO, Greg Brown, when it is selling off its mobile phone division. In anther announcement, Motorola is launching a new phone, MotoJewel, with music capabilities, very good messaging capabilities, very good call clarity with CrystalTalk™ technology and Windows Media® Player 11.
Nokia launches new music service 'Comes With Music' in the UK via Carphone.
BTI and FiberHome (China) have signed a development and supply agreement that covers joint R&D initiatives.
Samsung has agreed to sell its stake in Symbian to Nokia, allowing this later to become 100% owner of Symbian.
Aculight has been purchased by Lockheed Martin.
LG Electronics has announced a new handset, the LG-KC910, with touch-screen and 8Megapixel camera.