Nokia and Pantech partner up

Pantech is making additional headway in the North American market with a recent partnership deal with Nokia. The deal is worth $129 million and has Pantech agreeing to manufacture two handset models for the Finnish company by December of this year. Pantech hopes to focus its sights on camera phones and CDMA handsets with EV-DO support. On the GSM front, Pantech has also made a deal with Cingular to carry a few of its GSM phones--looks like Pantech is slowly trying to make itself known on U.S. soil.

Source: Reuters