Nokia
Nokia shares recover after Microsoft sale rumours
June 02, 2011Nokia's shares have recovered on a report that it is to sell its mobile phone business to Microsoft. The website BGR said that a $19bn (£11.6bn) deal had been struck, although Nokia declined to comment. Earlier, Nokia's shares had fallen 11% to...
Nokia cuts sales and profit-margin forecasts
May 31, 2011Mobile phone giant Nokia has said it expects sales and profit margins for the current quarter to be well below its previous forecasts. Lower selling prices and gross margins together with general market trends were behind the downgrade for its Devices...
Nokia to shed 7,000 staff as part of reorganisation
April 27, 2011Mobile phone maker Nokia has announced it will shed 7,000 jobs as part of a plan to refocus the company on smartphones. Nokia said the majority of the job losses would be in Denmark and Finland, with a total of 700 jobs going in the UK. The plan will...
Finland in double-dip recession
June 09, 2010Finland's economy slipped back into recession during the first three months of 2010, official figures have shown. During the January to March quarter its economy contracted by a seasonally-adjusted 0.4%, after a decline of 0.2% in October to December...
- October 02, 2007
Cell phone manufacturer Nokia announced it is buying Navteq Corp., a digital mapmaker based in Chicago, for $8.1 billion cash. Navteq Corp., provides nearly all the maps for Garmin Ltd.'s Global Positioning System devices, as well as for other navigation...
- October 01, 2007
Cell phone manufacturer Nokia announced it is buying Navteq Corp., a digital mapmaker based in Chicago, for $8.1 billion cash. Navteq Corp., provides nearly all the maps for Garmin Ltd.'s Global Positioning System devices, as well as for other navigation...
Nokia buys U.S. mobile ad company
September 18, 2007Nokia Corp. said Monday it would buy U.S. cell-phone advertising company Enpocket for an undisclosed amount to accelerate its mobile advertising growth. Nokia said the deal for the privately held Boston company would be "an important element...
Motorola, Nokia, facing battery issues
July 09, 2007Nokia and Motorola Inc. are investigating whether counterfeit products are being passed off as their brands. A Chinese man in the Gansu province died when the battery in his Motorola cell phone exploded, the Chinese press reported last week. Both...