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Nokia Gets Mobile Deal Happy

Written by Evan Schuman
June 27th, 2006

Fresh from its merger talks with Siemens, Nokia is announcing a major smartcard company, the first large-scale mobile payment trial in China and the killing of its CDMA deal with Sanyo.

On Tuesday (June 27), it announced a deal with Giesecke & Devrient, the world's second largest producer of smart cards, to form a company that will " provide services to the NFC ecosystem by enabling consumer applications, such as credit cards or transport tickets, to be securely and easily downloaded over-the-air to NFC enabled mobile devices."

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