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October 13, 2008 10:19:41 AM CDT

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In 'Smartphone Valley,' Telecom Boom Calls

Posted Dec 17, 07 1:00 PM CST in US,  Business,  Technology 

(Newser) – Silicon Valley is being reborn as a telecom hub, as phone companies jockey for computing technology and battle to compete with Apple and Google. Nokia, which opened a major research center in Palo Alto last year, has named its first Golden State-based technology chief. It's one of several firms rushing to “Smartphone Valley” to get their networking ducks in order.

Interest in the other direction is strong, the Financial Times reports, thanks to the Apple iPhone and Google's recently revealed Open Handset Alliance. Nokia and rival Ericsson, both of which have been staffing up with Californian techies, want to be prepared for the day when a phone company that can’t converse in IP protocol is a dinosaur.

Source Financial Times (UK)

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Ericsson CEO Carl-Henric Svanberg presents the 3rd quarter results...   (Getty Images (by Event))
A Nokia N95 multimedia phone is seen at the 2007 International Consumer Electronics Show (CES) in Las Vegas in this Jan. 11, 2007 file photo. (AP Photo/Damian Dovarganes, file)   (Associated Press)
Installers Gary Cooper, left, and Fabian Fragoso from Sign Industries prepare to hoist the "K" in Nokia to its position atop the building as crews put the finishing touches on the Nokia Theatre in Los...   (Associated Press)
A Sony Ericsson wristwatch, communicating wirelessly with a user's cellphone, vibrates and lights up with an incoming phone number, or caller ID, in this Jan. 18, 2007 file photo in New York. The consortium...   (Associated Press)
A Navy P-3 plane in Mountain View, Calif. Google Inc. co-founders Larry Page and Sergey Brin are paying $1.3 million a year so their Boeing 767 plane can take off, land and park at a NASA-managed airport...   (Associated Press)
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