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Ex-Nokia engineers launch new smartphone (Update)

Engineers who used to work for Nokia are hoping to grab a share of the lucrative and highly competitive smartphone market with a new handset, which is based on the former world No. 1 cellphone maker's old software and is ...

Microsoft to take over Nokia HQ in 2014 after deal

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.

Nokia shareholders to vote on mobile sale to Microsoft

Nokia's shareholders were set Tuesday to vote on a historic decision to sell the Finnish company's mobile business to Microsoft, as the once-proud Nordic brand struggled to regain its edge.

Nokia in Q3 net loss as sales continue plunge (Update)

Nokia reported Tuesday a third-quarter loss as sales at the handsets unit it is selling to Microsoft continued to plunge. But the company gave a positive outlook on continuing operations, including the networks unit, causing ...

Being ahead of time 'caused Nokia's failure': Ex-CEO

Nokia realised the significance of smart phones "too early", the Finnish company's former chief executive says in a new book, countering the view that the brand's failure to remain a world leader was due to it being late ...

Former CEO concedes mistakes in Nokia's downturn (Update)

Former Nokia CEO Jorma Ollila, who steered the Finnish company to become the world's biggest maker of cellphones, has conceded that several mistakes were made during his tenure, including a failure to predict changing customers' ...

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