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Nokia

Latest Headlines

Latest Headlines

Ericsson takes on coordinator role for new METIS-II EU 5G project

Everyone has a role to play in the 5G standards process, and for Ericsson, that means spearheading 5G system development as coordinator of the new METIS-II EU project as it sets out to develop the overall 5G radio system design and roadmap recommendations.

Microsoft receives brutal criticism for Nokia device acquisition writedown

A Microsoft decision to lay off close to 8,000 staff and take a $7.6 billion (€6.8 billion) hit on its mobile phone business is regarded as tantamout to an admission that the company has failed in the broader wireless hardware market as well as in its bid to keep the Windows operating system (OS) relevant.

Report: Nokia in tense talks with German automakers over HERE unit

The battle to acquire Nokia's HERE mapping and location technology unit appears to have settled into a waiting game between the company and a consortium of German automakers as other bidders have faded away, according to a  Reuters  report.

Microsoft to slash 7,800 jobs, mostly in phone unit, as smartphone efforts falter

Microsoft said it will cut around 7,800 jobs, mostly from its phone business, and record an impairment charge of around $7.6 billion related to its purchase of Nokia's devices and services business. The layoffs and restructuring charges are the latest indication that Microsoft has not been able to gain traction in the smartphone market following its $7.2 billion deal for Nokia's handset business, which closed in April 2014.

Carriers, Apple, Samsung, Microsoft and others put anti-theft measures in place for smartphones

CTIA said that a group of wireless carriers and smartphone makers had implemented a set of voluntary principles aimed at stopping smartphone theft. The announcement came just as a California law requiring smartphones sold in the state to have a "kill switch" went into effect.  

Ericsson to be hit by SEK2.5B restructuring costs in Q2

Ericsson said its second-quarter results will be hit by restructuring costs of around SEK2.5 billion (€271 million/$304 million) as the company continues to implement measures first announced in November 2014 to reduce costs and improve efficiency.

HERE pushes specification for processing vehicle sensor information via cloud

Nokia's HERE division published a specification designed to integrate information from a diverse range of automotive sensors via the cloud, in a move the unit said could improve road safety and ease congestion.

Nokia's HERE unit reportedly drawing bids from German automakers, Baidu, Uber and maybe even Facebook

Nokia is still searching for a potential buyer for its HERE mapping and location business, as German car companies, Uber, Chinese search engine Baidu and perhaps even Apple and Facebook jockey with each other to get access to HERE's assets and technology.

ITU sets next steps for 5G, picks 'IMT-2020'

The ITU has decided on the term it will use to refer to IMT-2020, and it is, appropriately enough, "IMT-2020," referencing the year in which most industry watchers expect 5G to commercially deploy.

Nokia chiefs prefer German auto makers as HERE buyers

Nokia bosses continued to court a consortium of German car makers over a sale of its HERE navigation business, as a deadline for bids reportedly passed.