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Topic: Nokia

Microsoft set to axe nearly 2,000 jobs in bid to 'streamline' smartphone biz

05/25/2016, 09:05 am

Microsoft on Wednesday announced a restructuring of its mobile hardware group that will see as many as 1,850 employees -- most of them former Nokia staffers -- lose their jobs as the company looks to right the listing smartphone ship.

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Microsoft sells Nokia feature phone division to Foxconn for $350M

05/18/2016, 08:05 am

Microsoft's steady decline in the mobile phone business continues, as the Redmond, Wash., company announced on Wednesday that it will sell the feature phone division it acquired from Nokia to a subsidiary of manufacturer Foxconn for $350 million.

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Nokia buys health & fitness gear maker Withings in deal worth $192 million

04/26/2016, 11:04 am

Nokia Technologies on Tuesday announced a planned takeover of health and fitness accessory maker Withings, in a deal valued at €170 million, or about $192 million.

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Microsoft confirms elimination of Nokia's Salo phone unit, up to 2,300 jobs

08/21/2015, 12:08 pm

Microsoft on Friday announced the closure of Nokia's former cellphone development unit in Salo, Finland, along with plans to cut up to 2,300 jobs in the country, part of a broader plan to refocus the company and make it more profitable.

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Audi, BMW, Daimler officially buy Nokia Here maps in deal valued at $3.07B

08/03/2015, 10:08 am

Nokia has confirmed it will sell its Here maps division to German carmakers Audi, BMW, and Daimler, in a deal valued at 2.8 billion euros, or $3.07 billion.

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Audi, BMW, Daimler on verge of buying Nokia Here mapping service for $2.71B

07/21/2015, 01:07 pm

Three German carmakers -- Audi, BMW, and Daimler -- have together agreed in principle to buy Nokia's Here mapping service, in a deal estimated to be worth just over €2.5 billion ($2.71 billion), a report said on Tuesday.

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Microsoft to axe 7,800 jobs from struggling mobile phone unit in new restructuring plan

07/08/2015, 10:07 am

A strategic shift at Microsoft could see as many as 7,800 former Nokia employees lose their jobs this year while the software behemoth absorbs a $7.6 billion write-down on its troubled handset business, the company announced on Wednesday.

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Microsoft ousts ex-Nokia CEO Stephen Elop, combines OS and devices teams

06/17/2015, 04:06 pm

Microsoft on Wednesday announced the departure of former Nokia CEO Stephen Elop as part of a broad restructuring at the company, one that will see its Operating Systems Group and Microsoft Devices Group merge into one unit.

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Bidding intensifies for Nokia's Here maps as Uber offers $3B

05/08/2015, 03:05 pm

Whether or not Apple is still in the running to buy Nokia's Here, the digital mapping service will likely sell for more than $3 billion thanks to a bid made by transportation service Uber.

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Amid rumors of an Apple buyout, Nokia's maps business shines in otherwise disappointing quarter

04/30/2015, 03:04 pm

Shares of Nokia fell more than 12 percent on Thursday after the company's networking division reported disappointing results. But a bright spot was its "Here" mapping division, which is rumored to be a potential acquisition target for Apple.

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Apple being wooed by Nokia for $3.2B HERE mapping acquisition, report says

04/23/2015, 12:04 am

A report on Wednesday claims Apple is among a number of high-profile tech companies being courted by Nokia in the Finnish firm's attempt to sell off its HERE mapping service and related assets.

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Independent Nokia Technologies aiming to return to phone market - report

04/20/2015, 09:04 am

Although Nokia's original mobile phone division was sold to Microsoft in 2013, one of the company's three remaining divisions -- Nokia Technologies -- is planning to re-enter the phone world, a report revealed on Monday.

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Nokia confirms Here maps will return to iOS next year

12/10/2014, 12:12 pm

Finnish telecommunications company Nokia on Wednesday announced that it would bring its Here mapping service -- which has not appeared in native form on Apple devices in nearly a year -- back to iOS with a new standalone app in early 2015.

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Nokia channels Apple's iPad mini with new N1 Android tablet for China

11/18/2014, 12:11 pm

In one of its first major product releases as a Microsoft subsidiary, former handset heavyweight Nokia on Tuesday unveiled a new 7.9-inch Android tablet that appears to take a number of cues from Apple's rival iPad mini.

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Finland prime minister again blames Apple for destroying national economy

10/13/2014, 05:10 pm

In an interview discussing Finland's recent sovereign debt downgrade, Prime Minister Alexander Stubb said Apple's iPhone and iPad helped kill Nokia and the paper industry, both vital cogs in the country's economy.

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Nokia to take on Apple, Google maps with new cross-platform navigation app

09/03/2014, 09:09 am

Following the sale of its handset division to Microsoft, Finnish telecommunications company Nokia on Wednesday announced that it would expand its consumer offerings with the release of a free navigation app -- based on its Here mapping service -- for Apple's iOS and Google's Android platforms.

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Samsung hypes Note 4 by copying Apple's iPhone 5c "for the colorful" ads

08/27/2014, 02:08 pm

With sales of its flagship Galaxy S5 flagging, Samsung has turned toward hyping its upcoming Note 4 stylus-based phablet using teaser ads targeting the same "for the colorful" characters Apple presented last year using iPhone 5c.

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Nokia unveils new folding OLED display as rumors say similar tech headed for Apple's 'iWatch'

06/10/2014, 10:06 am

Nokia's Semiconductor Energy Laboratory has unveiled a new kind of OLED display that can be folded like a book while in use, similar to technology that Apple is thought to be exploring for future iPhones and the long-rumored "iWatch."

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Led by Apple Inc. iPhone, smartphones now account for 87 percent of U.S. handsets

05/21/2014, 05:05 pm

New research by Counterpoint indicates that 87 percent of Americans upgraded to smartphones by the end of March, with Apple remaining the top vendor.

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Nokia Lumia photography chief Ari Partinen joins Apple

05/09/2014, 09:05 am

Apple's mobile imaging team looks to have a new leader, as former Nokia camera engineering executive Ari Partinen announced on Friday that he will depart the Finnish smartphone maker and move to its American rival.

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