Nokia may have taken a financial hit along with the rest of the IT industry over the last few months but one indication of how strong a position the company is in can be judged by the orders it is making for components and parts.

If a report on Digitimes is to be believed, then we're in for a roller-coaster ride of new devices this year as Nokia has made it quite clear that it intends to order large quantities of parts in March.

Nokia has notified chip manufacturers that it will be placing large orders in March for delivery later in the quarter. This is a sure indication that Nokia is still showing strength in the face of the credit crunch. It's also a good indicator that more handsets will be coming our way in 2009.

The Digitimes report suggests that 'as Nokia is going to launch several 3G and 3.5G products with multi-touch and multimedia functions in 2009, Qualcomm, Texas Instruments (TI) and Synaptics are expected to be beneficiaries of the increased orders.'

At this stage there is no indication as to whether these orders are for specific new devices or simply to meet the expected demands for handsets both here in the West as well as in emerging markets, such as China, which as seen a constant growth pattern in recent years.

Via: DigiTimes