Intel to supply Nokia with mobile chips

[sajiv]

Intel to supply Nokia with mobile chips

Intel (INTC.O) will supply Nokia Oyj (NOK1V.HE) with processors for mobile devices, as it seeks to enter into the expanding wireless and mobile markets, Bloomberg said, citing a person familiar with the matter.

The world's top chipmaker will announce the deal at a conference call Tuesday, the person told the news agency.

Intel has scheduled the conference call for an "important announcement" with Anand Chandrasekher, senior vice president and general manager of the company's ultra mobility group.

Intel declined to comment on the report.