Nokia is planning for a turnaround now that it has sold its lossmaking handset business to Microsoft, naming on Tuesday a new CEO, promising to pay dividends again and laying out its vision for its remaining operations.
Nokia says it has completed the 5.44 billion-euro ($7.5 billion) sale of its troubled cellphone and services division to Microsoft, ending a chapter in the former world leading cellphone maker's history that began with paper ...
Nokia Corp. says it has settled all pending patent litigation with HTC.
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 says its headquarters near the Finnish capital will be taken over by Microsoft on completion of the sale of its cellphone and services division to the U.S. software company, expected in early 2014.
Amid the largest corporate restructuring in its nearly 40-year history, and what is viewed by many as a risky $7 billion acquisition of Nokia Corp.'s mobile-handset business, Microsoft Corp. meets with Wall Street analysts ...
Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft.
Nokia, the former star of the cellphone world, has seen its light further dimmed by the news Tuesday that Microsoft Corp. was acquiring its handset operations.
Microsoft is wagering $7.2 billion on the idea that owning Nokia's phone business will help the software giant grab a bigger slice of the mobile computing market from Apple and Google.
Microsoft Corp. is buying Nokia Corp.'s line-up of smartphones and a portfolio of patents and services in an attempt to strengthen its fight with Apple Inc. and Google Inc. to capture a slice of the lucrative mobile computing ...