• Fri
  • Dec 26, 2014
  • Updated: 1:46am

Nokia

A former leader in the mobile phone sector, Finland’s Nokia encountered problems after the 2007 launch of smartphones, particularly Apple’s iPhone, as well as devices running on Google's Android operating system. In February 2011, Nokia formed a strategic partnership with Microsoft, with Nokia smartphones replacing Nokia’s traditional Symbian operating system with a mobile system from Microsoft. Microsoft bought Nokia's handset business for 5.44 billion euros in September 2013.

 

Patent deal ends feud between HTC and Nokia

Nokia started its patent litigation against HTC in 2012.

Taiwanese smartphone maker HTC has signed a patent and technology collaboration agreement with Finnish phone giant Nokia to end all pending patent litigation between them.

Monday, 10 February, 2014, 5:19am

Nokia chairman defends Lumia sale

The Lumia handsets that run Windows software have helped push Microsoft's market share up to 10 per cent in Europe. Photo: Reuters

Nokia shareholders have approved the sale of its mobile-phone division to Microsoft after about 5,000 people braved icy rain in Helsinki to cast their vote and pay their last respects to a business that once dominated European phone manufacturing.

25 Nov 2013 - 3:52am

Nokia delays phablet launch after Microsoft deal: source

Nokia struggled to close the gap with Samsung Electronics and Apple in smartphones. Photo: Reuters

Nokia has delayed the launch of a large-screen “phablet” device, originally planned for late September, following a deal to sell its handset business and license patents to Microsoft, a source said.

17 Sep 2013 - 10:09am

Nokia's loss is phone users' gain

Consumers will benefit from the Nokia- Microsoft marriage.

Having stood at the top of the world, a precipitous fall is all the more shocking. Nokia, the pride of Finland, was worth €100 billion only five years ago. Now its market value is just about €15 billion, and that's only after a hefty share price boost following its announcement that it is selling its mobile phone unit to Microsoft. It is, however, keeping its brand name as well as its network equipment and mapping businesses.

14 Sep 2013 - 2:45am

Microsoft's big Nokia deal may be too little, too late

The Microsoft-Nokia marriage is too late as emerging market of mobile industry is shifting to Asia. Photo: AFP

Obviously, Microsoft’s US$7.2 billion acquisition of Nokia is an important deal, but it may be more about the past than the emerging challenges of the future.

10 Sep 2013 - 2:45am

Nokia chief becomes a front runner for top job at Microsoft

Nokia chief becomes a front runner for top job at Microsoft

When a British bookmaker installed Stephen Elop as the favourite to take over the soon-to-be vacant position of chief executive at Microsoft, most technology observers laughed it off as a publicity stunt.

8 Sep 2013 - 4:36am

Finns mourn loss of Finland's biggest success story, Nokia phones, to Microsoft

Nokia Lumia 820, one of Nokia's new models. Photo: Reuters

The sale of Nokia Oyj's handset business to Microsoft sent shock waves through its home country, where the phones are a source of national pride and at one point were carried by 90 per cent of Finns.

5 Sep 2013 - 3:40am

Nokia's Stephen Elop seen rejoining Microsoft as CEO

Nokia's Stephen Elop seen rejoining Microsoft as CEO

Stephen Elop, already a bookmakers' favourite to take over as Microsoft's next leader, just boosted his chances by helping orchestrate the US$7.2 billion deal that makes him a senior executive at the software maker he once helped run.

5 Sep 2013 - 3:22am

As Finland reels, Microsoft doubles down with Nokia phone deal

Nokia’s decision to sell its handset business to Microsoft marks the end of a Finnish technology icon. Photo: Reuters

In an era when shiny new tech start-ups can be worth tens of billions of dollars, Microsoft’s deal to acquire Nokia’s mobile handset business for 5.44 billion euros (HK$55.6 billion) is a modest one from a strictly financial point of view.

4 Sep 2013 - 12:43pm

Nokia patent move may mean big payoff post Microsoft

Despite selling its handset business to Microsoft, Nokia is retaining its patent portfolio. Photo: Reuters

Nokia may have sold its handset business to Microsoft Corp, but by hanging on to its valuable patent portfolio, the Finnish company could also get a big future payoff at the expense of Android phone makers.

4 Sep 2013 - 11:15am

Pressure mounts for Lenovo after Microsoft-Nokia deal

Microsoft's takeover of Nokia's devices and services business sparked a rally in the shares of Asian electronics companies that supply to Nokia. Photo: Reuters

Investors may cast a bearish eye over the prospects of Lenovo after Microsoft's €5.4 billion (HK$55.2 billion) takeover of Nokia's devices and services business, which leaves the mainland computer giant looking isolated as a top smartphone supplier without its own dedicated software platform.

4 Sep 2013 - 11:12am

Microsoft to acquire Nokia’s handset business for HK$55.7b

Microsoft’s deal to purchase the mobile phone business of Nokia is expected to close in the first quarter of next year. Photo: Reuters

Microsoft said it would buy Nokia’s phone business for 5.44 billion euros (HK$55.7 billion), making its boldest foray yet into mobile devices and bringing well-regarded executive Stephen Elop back into the fold.

3 Sep 2013 - 5:19pm

Nokia says India 'least favourite market': report

Nokia, already battling for survival as it faces tough competition from Samsung Electronics and Apple, is also fighting a 20-billion rupee (HK$2.4 billion) tax demand from Indian authorities. Photo: Reuters

Finnish telecom giant Nokia has told India’s government that the country is now its “least favourable market” to operate in and it makes better sense to export its products from China, a report said on Friday.

24 Aug 2013 - 10:04am

Nokia to launch large-screen smartphones next month: sources

Nokia has fallen behind Samsung and Apple in smartphones, and is stepping up product launches to stem a decline in sales. Photo: Reuters

Nokia plans to unveil new, large-screen mobile handsets next month to revamp its Lumia smartphone lineup and challenge rival Samsung’s dominance in increasingly popular phablet devices, sources said.

Nokia has developed more than one new mobile device and is due to announce them at an event in New York in late September, said the sources familiar with the plan.

22 Aug 2013 - 10:28am

Nokia’s halting turnaround hit by weak handset sales

Nokia chief executive Stephen Elop is pinning his hope on smartphones running Microsoft’s untested Windows Phone software. Photo: Reuters

Weak quarterly sales of Nokia smartphones raised the heat on chief executive Stephen Elop, whose decision to adopt Microsoft’s untested Windows Phone software has yet to deliver the recovery in the company’s fortunes he was hired to achieve.

19 Jul 2013 - 1:23pm

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