Tag: Nokia

News highlights for 9 October 2017 Nokia cuts more jobs, halts VR camera production HELSINKI (Reuters) – Nokia plans to reduce up to 310 jobs from its Nokia Technologies unit and halt development of its virtual reality camera “OZO” and hardware, the Finnish company said on Tuesday. Read more… Samsung shares jump on memory chip […]

News highlights for 8 October 2017 U.S. Treasury investigates illegal surveillance allegations: watchdog WASHINGTON (Reuters) – An internal watchdog at the U.S. Treasury said on Friday it is investigating allegations the department illegally looked at financial records of U.S. citizens. Read more… Drug chains tumble on reports Amazon eyeing their pie (Reuters) – Shares of […]

News highlights for 2 October 2017 European telecoms companies’ hopes of lighter regulation dashed by EU BRUSSELS (Reuters) – European Union lawmakers have dashed large telecoms companies’ hopes for lighter regulation as part of efforts to encourage investment in superfast internet networks. Read more… Indian government weighing options to help weak telcos exit smoothly The […]

HELSINKI (Reuters) – HMD Global, the Finnish start-up looking to reinvigorate the Nokia phone brand, unveiled the Nokia 8 on Wednesday, hoping to cash in on rising consumer demand for high-quality audio and video features. The Android device, due out in September, will potentially beat rivals on price but will still face fierce competition, with […]

PARIS (Reuters) – Finland’s Nokia plans to sell its undersea cables unit, a business that underpins the global Internet, two union sources and a French government source told Reuters. The division, valued at about 800 million euros ($870 million), is one of the top suppliers of undersea cable networks in the world and was bought […]

BELGRADE/HELSINKI (Reuters) – Nokia Corp said on Wednesday it had filed a number of lawsuits against Apple Inc for violating 32 technology patents, striking back at the iPhone maker’s legal action targeting the one-time cellphone industry leader a day earlier. Nokia’s lawsuits, filed in courts in Dusseldorf, Mannheim and Munich, Germany, and the U.S. District […]

News highlights for 18 December Nokia bags 110 deals for 4.5G roll out in India NEW DELHI: Finnish telecom gear maker Nokia said that it has bagged contracts for the rollout of 4.5G networks with 110 service providers globally, according to reports. Read more… Yahoo security problems a story of too little, too late SAN FRANCISCO/BOSTON/WASHINGTON (Reuters) […]

News highlights for 13 December HMD launches its first new Nokia phones HELSINKI (Reuters) – HMD Global, the Finnish company that owns the rights to use the Nokia brand on mobile phones, announced its first new products on Tuesday – two basic handsets without internet access priced at $26 before local taxes and subsidies. Read […]

FRANKFURT/HELSINKI (Reuters) – Nokia smartphones are poised for a comeback after former managers at the Finnish company licensed the handset brand from Microsoft and struck up partnerships with Google and phone manufacturer Foxconn. Nokia was once the world’s dominant cellphone maker but missed the shift to smartphones and then chose Microsoft’s unpopular Windows operating system […]

The Finnish company sets up standalone software business to target enterprise and IoT, and offset five-year decline in core networking sales. Nokia has been the most advanced of the major OEMs in embracing software-driven networks – even before ‘software-defined networking’ (SDN) entered carriers’ daily conversations, it had Liquid Net and Liquid Apps, and back in […]
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