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Nokia turnaround since handset unit sale continues

Nokia appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier. ...

7 hours ago
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Nokia suspends production at Indian handset factory

Finnish telecom equipment group Nokia said Tuesday it was halting production in its Indian factory near Chennai and that a dispute with local tax authorities was hindering finding a buyer for the facility that employs 7,000 ...

Oct 07, 2014
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Foxconn says cannot meet demand for iPhone 5

Taiwan's Foxconn has admitted that it cannot meet strong demand for Apple's new iPhone 5 due to difficulties in building the gadget, as investors grow concerned about the US giant's future earnings.

Nov 08, 2012
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