Nokia released a statement that resonates louder than a bomb in the smartphone industry – the number one phone manufacturer is teaming up with Microsoft in a "strategic alliance" that will make Windows Phone Nokia’s "principal smartphone strategy". This news is shaking the smartphone industry as we write this, and will surely continue to do so in the foreseeable future.
Even after this news LG doesn’t seems to be backing of from its Windows 7 Phones
It is also a shocking news for INTEL as it was to deliver low power consuming atom processors to Nokia. Now Nokia seems to be going for ARM processors