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Corporate News

The great Nokia smartphone revival comes at a steep price: Gadfly

TAIPEI: What the heck? FIH Mobile Ltd. managed to double revenue to a record, yet the smartphone manufacturer posted its deepest loss in history.

Technology

Robust demand for chips

GEORGE TOWN: Electrical and electronics firm Globetronics Technology Bhd is experiencing unprecedented growth in the volume of orders that will translate into a record-breaking first quarter ending March 31, 2018 – traditionally a weak quarter for the electronics and semiconductor industries

Telcos

HMD Global unveils Nokia 8 to win over Apple customers

LONDON: Finnish company HMD Global Oy unveiled its latest Nokia-branded smartphone in a first bid to win over Samsung Electronics Co Ltd and Apple Inc customers.

Telcos

New Nokia 8 phone targets surging demand for video-streaming

HELSINKI: 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.

Telcos

Nokia aims to recapture market share

PETALING JAYA: Nokia aims to recapture Malaysian market share with the roll-out of its latest Android-powered smartphones, the Nokia 3, 5 and 6 here.

Technology

Nokia beats expectations, sees network market improving

HELSINKI: Finnish network equipment maker Nokia reported its quarterly profits fell less than expected, helped by cost cuts and the acquisition of Alcatel-Lucent, and said the tough global market was starting to stabilise.

Business

Breakfast briefing: Monday, January 9

Breakfast briefing: Monday, January 9

Technology

Nokia sues Apple for infringing patents, industry back on war footing

BELGRADE/HELSINKI: 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.

Markets

Microsoft may cut 1,850 jobs as CEO pares phone ambitions

HONG KONG: Microsoft Corp will cut as many as 1,850 jobs and take a new impairment charge as chief executive officer Satya Nadellapares back the company’s ambitions in smartphones.