Nokia volume drops and supplier impact

A Wall Street Journal article (Sept 27, 2011) describes the declining fortunes of Nokia and its impact in suppliers. These suppliers are described as finding that Apple and Android based smartphones are using custom built components that are closed to these suppliers. What is a possible alternate approaches that suppliers could consider to survive ? Will suppliers have to morph to become OEMs of phones to permit the supply chain to persist ? Will there be a collateral impact of failure of these suppliers on prices charged by component manufacturers to current smartphone OEMs ?

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