Nokia and Motorola to increase semiconductor spending by 15.1% and 14.5% in 2006

Leading mobile-phone makers Nokia and Motorola will increase their semiconductor spending by the highest percentage among the world’s top-10 OEM chip buyers in 2005 and 2006, iSuppli predicts. Top-ranked mobile-phone brand Nokia of Finland will boost its chip spending by 15.1% in 2006 as an encore to its 12.7% increase in 2005. Number-two mobile-phone OEM Motorola of the United States is projected to increase its semiconductor purchasing by 14.5% in 2006, following a 20.7% rise in 2005. Both companies will handily exceed the global average increase in chip spending of 7% in 2005 and 7.7% in 2006. They also will surpass the average rate of growth of semiconductor spending among wireless communications OEMs of 7.3% in 2005 and 6.3% in 2006.