Nokia to Follow Ericsson's Lead?

Nokia is rumored to be considering following rival Ericsson's decision to bow out of the cell phone manufacturing department.

I'd expect Nokia to do outsourcing as well," said one analyst. "It can be done cheaper by a company like Flextronics."

Several major companies have recently announced plans to focus on other areas than handset production, including Motorola and Qualcomm. Nokia has not commented on their intentions.