Nokia

  • Nokia confirms another 1,000 layoffs in Finland

    Nokia confirms another 1,000 layoffs in Finland

    As a late Friday coda to this week’s news of Nokia’s old feature phone business getting sold once again, today Nokia quietly confirmed it is laying off 1,032 employees in its home market of Finland. The cuts will come across all business units, with half out of its HQ in Espoo. The majority of cuts will happen by this summer. On top of putting the news out in the evening on… Read More

  • Microsoft offloads Nokia feature phone business to Foxconn for $350M

    Microsoft offloads Nokia feature phone business to Foxconn for $350M

    Microsoft is selling the feature phone business it acquired from Nokia back in 2013 to a subsidiary of Chinese manufacturer Foxconn for $350 million, it announced today. At the same time former owner Nokia said it has inked a deal to license its brand to HMD Global, a new Finnish company run by ex-Nokia and Microsoft devices staff, to “create a new generation of Nokia-branded mobile… Read More

  • Nokia buys France’s Withings for €170M to ramp up in health tech and IoT

    Nokia buys France’s Withings for €170M to ramp up in health tech and IoT

    Nokia’s history as the world’s biggest mobile phone maker is becoming a distant memory, but it’s not out of the gadget business just yet. To build out its health technology business, the company today announced that it has acquired Withings, makers of smart scales, activity trackers, and other health gadgets. Withings is based out of France, and with Nokia in Finland… Read More

  • Highlights From Mobile World Congress 2016

    This week, we went to Barcelona for Mobile World Congress 2016. We covered a panel about mobile ad blocking, Mark Zuckerberg talked about Free Basics and encryption, Samsung announced the Galaxy S7 and S7 Edge, we went hands on with the modular LG G5, and oh, by the way, tablets are dead. Here’s everything you need to know from the event. Read More

  • Nokia: We’re In No Rush To Get Our Brand Back On Phones

    Nokia: We’re In No Rush To Get Our Brand Back On Phones

    After exiting the smartphone market dramatically by selling its mobile making division to Microsoft for $7.2 billion back in 2013, Nokia has hinted it is looking to return to the smartphone business by a different route — taking advantage of a clause in its sale agreement that allows it to use the Nokia brand on handsets again starting from this year. Read More

  • Nokia Growth Partners Announces $350M Fund Focused On IoT

    Nokia Growth Partners Announces $350M Fund Focused On IoT

    What do you finance if you’re in the network business and need to encourage your customers to upgrade faster to the next generation of cellular tech (aka 5G)? Why the Internet of Things of course… Read More

  • What New Mobile Hardware To Expect At MWC 2016

    What New Mobile Hardware To Expect At MWC 2016

    Mobile World Congress, the biggest tradeshow specifically focused on mobile, kicks off in just over a week’s time in Barcelona so here’s a quick rundown of some of the big hardware-focused announcements we’re expecting to land during the best part of a week of fully mobile-focused news… Read More

  • Nokia Closes Its $2.8B Sale Of Here To The Audi, BMW And Daimler Car Consortium

    Nokia Closes Its $2.8B Sale Of Here To The Audi, BMW And Daimler Car Consortium

    One of the bigger makers of maps and location services used in mobile phones and connected cars has now been taken over by a consortium of car makers. Today Nokia completed its sale of Here to Audi AG, BMW Group and Daimler AG for €2.55 billion ($2.8 billion). The deal was originally announced in August, pending regulatory approval, at an original price of €2.8 billion, “subject… Read More

  • Nokia Is Betting On VR Making It In Hollywood

    Nokia Is Betting On VR Making It In Hollywood

    Former mobile phone maker Nokia has professional filmmakers in its sights with a new piece of camera hardware it’s been cooking up since early 2013. After teasing its plans this summer, the Finnish firm has today confirmed a forthcoming pro level VR camera, called Ozo. Read More

  1. ...
  2. 2
  3. 3
  4. 4
  5. ...