A German state government is demanding that Nokia give back subsidies of about $60.5 million used to revamp a part of the plant the handset maker recently announced it would close.
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An online mobile phone vendor, called zzzPhone, has adapted the Dell model of customized, factory-direct computers for the mobile phone industry. zzzPhones aims to focus on feature phones with large
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Patent holding firm IP-Com has filed a $17.7 billion lawsuit against Nokia for alleged patent infringement. IP-Com is just under 50 percent owned by private equity firm Fortress Investment Group.
Nokia announced it will make a public voluntary tender offer to acquire Norwegian open source software provider Trolltech for about $153 million, heralding a significant win for the snowballing
Japan's Kyocera has announced plans to leave China's thriving mobile handset market because of mounting losses and cheaper producers. Kyocera will dissolve its joint venture with Chinese electronics
Qualcomm and Nokia remain miles apart when it comes to hammering out a new licensing deal for WCDMA technology, and given both of the company's stellar results in the fourth quarter, it doesn't
Despite announcing stellar Q4 handset shipments and profitability, not everyone in the mobile phone industry was convinced that Nokia's future is quite so rosy. Analysts with IDC claim that the
The joint infrastructure venture between Nokia and Siemens appears to be heading upwards in its efforts to achieve profitability. The company reported a 25 per cent leap in Q4 revenues and managed to