Connect to share and comment

Nokia makes low-cost Android phone as maker of rival Windows software buys its phone business

BARCELONA, Spain - Nokia is targeting emerging markets with a low-cost smartphone that uses Google's Android operating system rather than the Windows Phone software from Microsoft, the company about to buy Nokia's phone business. Nokia will ditch many of the Google services that come with Android, which Google lets phone makers customize at will. Instead, the new Nokia X phone announced Monday will emphasize Microsoft services such as Bing search, Skype communications and OneDrive file storage. Its home screen sports larger, resizable tiles resembling those on Windows phone.

Nokia makes low-cost Android phones as maker of rival Windows software buys its phone business

BARCELONA, Spain - Nokia is targeting emerging markets with three low-cost smartphones that use Google's Android operating system rather than the Windows Phone software from Microsoft, which is about to buy Nokia's phone business. Nokia will ditch many of the Google services that come with Android, which Google lets phone makers customize at will. Instead, the new Nokia X line announced Monday will emphasize Microsoft services such as Bing search, Skype communications and OneDrive file storage. Its home screen sports larger, resizable tiles resembling those on Windows phone.

Nokia touts video recording in new 5-inch Lumia phone

NEW YORK, N.Y. - Nokia is selling a new Windows phone that promises enhanced video-recording capabilities. The new Lumia Icon sports four microphones, compared with the one or two typically found in smartphones. The two on the front are activated when making phone calls, while the two on the rear are used when taking video — to better capture sound coming from the subjects.

Nokia, HTC sign patent, technology pact ending all litigation proceedings

HELSINKI - Nokia Corp. says it has settled all pending patent litigation with HTC. The Finnish company says it has signed a patent and technology collaboration agreement with Taiwan's HTC Corp. The deal should help strengthen Nokia's licensing offering. Though HTC will make payments to Nokia, no financial details were disclosed Monday as the terms of the agreement are said to be confidential.

Nokia handsets unit being bought by Microsoft sees further drop in sales

HELSINKI - The Nokia handsets business that Microsoft is due to take over saw sales continue to slide in the fourth quarter as its Lumia smartphones failed to draw business away from larger competitors like Apple and Samsung. Shares in Nokia Corp. slumped Thursday after the company said it suffered a net loss of 25 million euros ($34 million) in the October to December period, with smartphone sales plunging 29 per cent. Nokia stock closed down more than 10 per cent at 5.11 euros in Helsinki.

Indian court allows Nokia to include Chennai factory, frozen in tax dispute, in Microsoft sale

MUMBAI, India - An Indian court ruled Thursday that Nokia Corp. may transfer a factory seized by tax authorities to Microsoft as part of the Finnish communications giant's 5.4 billion euro ($7.2 billion) sale of its devices and services unit.

India court frees Nokia plant for Microsoft sale

An Indian court Thursday released a major plant owned by Nokia seized over a multi-billion-dollar tax row, paving the way for the Finnish firm to include the factory in the sale of its mobile business to Microsoft. Nokia's Chennai plant in southern India is one of the Finnish giant's biggest manufacturing factories and was due to be taken onto Microsoft's books Thursday as part of the $7.2-billion sale to the US tech giant.

Nokia faces $3.4 bln tax claim in India

Finnish mobile phone maker Nokia faces a tax bill of more than 210 billion rupees ($3.4 billion) in India from liabilities arising out of unpaid charges and penalties since 2006, a report said Tuesday. Indian tax authorities froze some of Nokia's assets in October including its bank accounts and buildings over a dispute which has forced Nokia to approach the Indian courts seeking relief.

Nokia in third-quarter loss of $125 million with sales plunge but high hopes in networks unit

HELSINKI - Nokia reported Tuesday a third-quarter net loss as sales at the handsets unit it is selling to Microsoft continued to plunge. But the company gave a positive outlook on its continuing operations, including networks, causing the share price to rise. Third-quarter net loss of 91 million euros ($125 million) compared with a net loss of 969 million euros a year earlier, while revenue fell more than 20 per cent to 5.6 billion euros.

Nokia to fully acquire network operations with $2.2 billion purchase of Siemens' half

HELSINKI - Nokia is turning to the stronger-performing parts of its business to help bolster its struggling smartphone arm, as it offered Siemens 1.7 billion euros ($2.22 billion) for its half of the networks joint venture. Nokia Corp. said Monday that the transaction will be completed during the third quarter this year, meaning that the company formed in 2007 — Nokia Siemens Networks — will become Nokia's wholly owned subsidiary.
Syndicate content