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HELSINKI – Nokia today said the global cellphone market would fall this quarter and throughout 2009.

The world’s leading cellphone provider dropped its 2008 forecast to 1.24 billion units worldwide, down from 1.26 billion. The handset market volumes and the overall telecom equipment market are expected to fall next year, the company added.

Nokia also lowered its industry outlook for the fourth quarter, forecasting volumes of 330 million, about 16 million lower than the average market forecast revealed in a Reuters poll earlier this month.

In a statement, Nokia said, "In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending.” The company later said developed markets will fare worse, and developing markets will fare better.

Smartphones are expected to be the exception in 2009, putting companies like Apple and RIM in a better position versus their peers.
ÖSTERSUN, SWEDEN Flextronics will reportedly cease production at its plant here, according to published sources.

Production will cease this month, the sources said, although the site will remain open until March. The site employed about 400 workers, the reports said.
YORKTOWN HEIGHTS, NYIBM and Purdue University researchers have discovered tiny silicon nanowires might be ideal for manufacturing in computers and consumer electronics because the structures repeatedly form the same way.
 
According to a Purdue spokesperson, the researchers used a transmission electron microscope to observe nanowires made of nucleate. Silicon nanowires form from gold nanoparticles ranging in size from 10 to 40 nm.
 
This is the first time researchers have made such precise measurements of the nucleation process in nanowires, a participating researcher said, according to published reports.
 
The researchers studied silicon; however, the findings could be applied to manufacturing nanowires made from other semiconducting materials, published reports say.
 
Nanowires could aid the semiconductor industry’s ongoing need to place more transistors in smaller spaces. The challenge will be to replace gold with other metals used in electronics, according to the researchers.
 
The National Science Foundation is funding the program. 

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