Feeds

Symbian gang of five stumps up another £20m funding

Expecting 2.5G postal orders from Q2...

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Symbian's shareholders have dug into their pockets to find an extra £20.75 million to take it "through the next phase of its development." The money comes pro-rata from existing shareholders Matsushita, Motorola, Nokia and Psion (which warned it would likely have to cough up last autumn), and from Sony Ericsson taking up Ericsson's pro-rata subscription rights.

There is as yet no sign of a transfusion from NTT DoCoMo, which favours Symbian but remains only a rumoured potential shareholder.

Symbian, which announced the new round of financing today, has to deal with the problems of cash-strapped shareholders, stalling mobile phone sales and slow delivery of next generation technology. It is intended, as Sony Ericssion president Katsumi Ihara puts it, to be "the standard operating system for 2.5G snd 3G mobile phones," and we do not as yet have a whole lot of these around, do we?

Nor indeed, do the actual shipping Symbian devices yet do 2.5G, never mind 3G; the first 2.5G Symbian device will be the Nokia 7650, due out in Q2. In the meantime Symbian is forced to rely on a bijou stage army of "Symbian OS devices," consisting of the Sony Ericsson R380 and Nokia 9210 and a clutch of geriatric Psions, several of which have now been unshipped. It's eloquent testimony to Symbian's need for a little more dosh to tide it over.

Symbian does have a fairly substantial clutch of licensees now, so it clearly has prospects. And it even seems to have Motorola back on-board and enthusing, albeit vaguely. Motorola it was which, last January, mugged Psion's consumer aspirations to death by pulling the plugs on the Symbian OS Odin smartphone project; it subsequently demonstrated its impartiality by mugging a PalmOS one too. Now, company Personal Communications Sector president Mike Zafirovski tells us: "Symbian OS will play a key role within Motorola's product portfolio... Motorola believes that Symbian OS provides handset manufacturers with an opportunity to accelerate the adoption of compelling new multimedia services." What this adds up to in beans for Symbian, however, we know not. ®

Related Story

Smartphone, Symbian OS roadmaps

Secure remote control for conventional and virtual desktops

More from The Register

next story
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
NASA launches new climate model at SC14
75 days of supercomputing later ...
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
Stop the IoT revolution! We need to figure out packet sizes first
Researchers test 802.15.4 and find we know nuh-think! about large scale sensor network ops
DEATH by COMMENTS: WordPress XSS vuln is BIGGEST for YEARS
Trio of XSS turns attackers into admins
SanDisk vows: We'll have a 16TB SSD WHOPPER by 2016
Flash WORM has a serious use for archived photos and videos
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.