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March 12th, 2007
Nokia's Modest British Accent
Abstract:
Last week, Lux Research, a leading nanotechnology consultancy, issued a report on the state of nanotechnology. Besides noting that the U.S.' lead in the field was eroding, it offered this rather prosaic piece of advice: "Companies active in nanotech risk missing out on key opportunities by not looking beyond their own borders."
It is hardly earth-shattering news. One of the reasons BASF (NYSE: BF) established a large nanotechnology center in Singapore last year was to take advantage of the research that was being done in that country. The latest company to take a page out of this book is Nokia (NYSE: NOK), which announced on Friday that it was establishing a $60 million nanotech research center at the University of Cambridge in England.
Source:
fool.com
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