Although far from the mobile powerhouse it once was, Nokia still has a name and some services that are worth an impressive sum. Now it's down one, after selling its HERE mapping service to a consortium of German car manufacturers for 2.8 billion euros (£2 billion). Together BMW, Audi and …
Read More »Chief exec of Nokia re-affirms: Nokia will develop smartphones again
Chief executive officer of Nokia Corp. this week reaffirmed that the company will design smartphones again in the second half of 2016. Officially, the company only wants to develop hardware and leave production, distribution and selling to other. Still, for end users it will mean the return of Nokia smartphones. …
Read More »Nokia’s return to smartphone market confirmed by executive
President of Nokia China has confirmed the company’s plans to return to the market of smartphones next year. He indicated in an interview that the company is currently evaluating different options and building its own manufacturing facilities is one of them. This week Mike Wang, president of Nokia China, participated …
Read More »Nokia may return to smartphone market
Nokia Corp. is plotting its return to the market of smartphones and tablets, a media report suggests. This time, however, the company will not manufacture its handsets itself, but will develop devices that will be made and distributed by other companies. In accordance with its agreement with Microsoft, Nokia does …
Read More »Nokia’s new CEO bets on Internet-of-Things, new devices to revive the company
Now that Nokia Corp. got rid of its devices and services division which sold smartphones and mobile phones, it has three business units with which it needs to return to profitability and grow. While all three business units can potentially grow exponentially under certain conditions, the company clearly needs a …
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