By Paul SandleBARCELONA (Reuters) - Nokia, soon to be acquired by Microsoft Corp, is turning to software created by arch-rival Google for a new line of phones it hopes will make it a late contender in the dynamic low-cost smartphone market.
Google has turned its guns on Apple by revealing plans for low-cost, futuristic smartphones, assembled not in south-east Asia but by 2,000 workers at a plant in Texas.
The factory in Fort Worth that 15 years ago built Nokia handsets is to start work this summer on what Google claims will be the only smartphones made in the US, reports The Guardian.
In an age with no earnings growth, the most important thing is the "story", primarily applicable to early-stage tech stocks, where the only thing that matters is growth potential if not present or near-term revenues, and certainly not earnings.
SINGAPORE/NEW DELHI (Reuters) - Microsoft Corp's acquisition of Nokia's handset business gives the software behemoth control of its main Windows smartphone partner, but leaves a question mark over the bigger business it has bought: Nokia's cheap and basic phones that still dominate emerging markets li