VIA Telecom chip gives Samsung more power and less cost

The Samsung Galaxy Nexus will soon run on a Via Telecom CDMA/EV-DO Rev chip combined with a Samsung LTE chip, which together cost less than half of the $23 that the previous LTE chip Samsung used used to cost. Technology is getting faster and more advanced but also cheaper.

"Emerging markets and the spread of LTE technology have also contributed to the growth of the smartphone market, which is expected to grow by more than 30 percent. The telecommunication system business will further solidify its leadership in the wireless network market with the expansion of the LTE service in Korea and North America." Source: Telecomlead.com