Russia’s Sistema to Make Smart Phones With Glonass Chip in 2011
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Russian billionaire Vladimir Yevtushenkov’s holding company AFK Sistema unveiled the country’s first smart phone equipped with the Glonass navigation chip as the government seeks to challenge U.S. control of satellite navigation.
Devices with chips developed by Sistema and state-run Russian Nanotechnologies Corp. will go on sale for 10,990 rubles ($360) next March, Yevtushenkov said in a televised briefing with Russian Prime Minister Vladimir Putin late yesterday.