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A new version of Symbian, the mobile phones Operating System, is going to be released each 6 months, was announced in a new post on Symbian's blog.

Symbian^2, which is based on S60 5.1, reaches a functionally complete state at the middle of this year, and should be hardened by the end of the year. This means that the first devices based on Symbian^2 could be reaching the market any time around the end of this year - depending on the integration plans, the level of customisation, and the design choices made by manufacturers. Symbian^3 follows on six months later - reaching a functionally complete state at the end of this year, and should be hardened by the middle of 2010:

symbian release schedule

Symbian won't be the first operating system to be released on a regular schedule, as opposed to "when it's ready." The folks at Canonical have been releasing a new version of Ubuntu Linux every six months for the last few years.