“Nokia envisages that the R&D activities supported by this loan will also benefit the work of the Symbian Foundation and its development of open-source software for mobile devices," they are quoted.
Nokia Receive Multi Million Euro Loan To Fund R&D
Published by Ewan Spence at
Nokia have recieved a loan from the European Investment Bank to support Research and Development in the Finnish company. Spread over five years, the 500 million euro loan will be used by Nokia to "make Symbian-based smartphones more competitive." While not directly for the Symbian Foundation the work will benefit the Foundation and other Open Source initiatives.