Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming the US tech giant was using Nokia technology in "many" products without paying for it.
Business
Dec 21, 2016
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Nokia Siemens Networks has successfully tested a technology that could drastically increase the data carrying capacity of standard copper wires. The company achieved data transmission speeds of 825 megabits per second (Mbps) ...
Telecom
Oct 31, 2010
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(AP) -- For decades, Motorola Inc.'s products told the story of the march of electronics into the hands of consumers: car radios in the 1930s, TVs in the 1940s and cell phones starting the 1980s.
Business
Jul 19, 2010
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Apple on Tuesday announced that the chief finance officer who served during the company's meteoric rise over the past decade is retiring later this year.
Business
Mar 4, 2014
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Finnish mobile phone maker Nokia said Wednesday it had finalised the purchase of German engineering giant Siemens' 50 percent stake in Nokia Siemens Networks, and changed the company's name.
Business
Aug 7, 2013
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Ratings agency Standard and Poor's on Friday downgraded Nokia Corp.'s credit rating, citing the deal this week to buy out Siemens from its Nokia Siemens Networks joint venture for 1.7 billion euros ($2.21 billion).
Business
Jul 5, 2013
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Nokia is turning to the stronger-performing parts of its business to help bolster its struggling smartphone arm, as it offered Siemens 1.7 billion euros ($2.22 billion) for its half of the networks joint venture.
Business
Jul 1, 2013
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Rumours that struggling Finnish mobile phone maker Nokia may be up for sale have intensified this week, with analysts seeing three potential buyers who could be even more interested if the company undergoes a restructuring.
Business
Jun 20, 2013
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Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Telecom
Feb 7, 2013
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Struggling Nokia Corp. turned a fourth-quarter net profit of €202 million ($270 million) compared with a loss of $1 billion a year earlier, but revenue fell 20 percent as it failed to make gains in the fiercely competitive ...
Business
Jan 24, 2013
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Nokia Siemens Networks is one of the largest telecommunications solutions suppliers in the world. Nokia Siemens Networks was created as the result of a joint venture between Siemens AG's COM division (minus its Enterprise business unit) and Nokia's Network Business Group.
The new company was announced on 19 June 2006. Nokia Siemens Networks was officially launched at the 3GSM World Congress in Barcelona in February 2007. Nokia Siemens Networks then began full operations on 1 April 2007 and has its headquarters in Espoo, Greater Helsinki, Finland, while the West-South Europe headquarters and three of its five divisions are based in Munich, Germany. The Services division is based in India. Nokia Siemens Networks has operations in some 150 countries.
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