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Posts Tagged ‘Finlands Nokia’

On June 19th of this year, Nokia was reborn. The company that had been known for years as a cell phone pioneer had sold off its devices business, and the world was waiting to see what new paths Nokia might take. There are a few, as it turns out, but one of them saw the company release […]

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HELSINKI (Reuters) – Nokia is expected to report profit margin at its core networks business fell to 7.7 percent in the second quarter from 9.3 percent in the first quarter as a result of weaker software sales, a Reuters poll of analysts showed. On Friday, Nokias bigger rival Ericsson posted stronger-than-expected results on the back […]

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The new Microsoft layoff wave will axe thousands of employees from Nokia’s old handset unit and will close down the once crucially important Oulu RD center that used to be the source of global phone innovation, from internal antennas to 3G tech. Many now view the handset industry as an unprofitable sunset business that has little […]

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