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BARCELONA: Nokia, soon to be acquired by Microsoft Corp, is turning to software created by arch-rival Google for a new line of phones it hopes will make it a late contender in the dynamic low-cost smartphone market.
STOCKHOLM: Nokia Oyj investors cleared the sale of its mobile-phone unit to Microsoft Corp in a 5.44 billion-euro (US$7.4bil) deal, unshackling the Finnish company from the unprofitable division and letting it focus on networks.
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.
Finland's Nokia said on Monday the liabilities of its former unit Nokia Mexico S.A. de C.V. were now held by Microsoft Corp, responding to a Mexican court ruling that Nokia Mexico would have to pay damages for faulty equipment.
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.
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.
Nokia has won an appeal to release a local factory seized by authorities in a tax dispute, allowing the transfer of the plant as part of the sale of its mobile phone business to Microsoft.
Nokia is expected to show a steep fall in network equipment sales in its results this week, highlighting the challenge facing management after selling its once mighty handset division to Microsoft for 5.4bil euros (RM24.25bil).