Shares in Finnish telecoms giant Nokia have taken a tumble after it warned of tougher competition in China and a weaker global market.
Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected.
HMD Global, the company that's licensed to produce Nokia phones and tablets, says it is partnering with Germany-based Zeiss to produce high quality optics on its new Nokia smartphones.
Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together.
Suffering from what the CEO described as "a typically seasonally weak quarter," Finland-based networks provider Nokia has reported a first-quarter net loss of €473 million ($515 million)— a slight improvement from the ...
In the future, the coverage of a single base station has to be reduced because of the rapidly increasing number of mobile devices. This reduces the size of base stations, but increases their number, which makes the price, ...
Finnish brand Nokia, a former mobile star, on Sunday launched three new Android smartphones and unveiled a revamped version of its iconic 3310 model more than a decade after it was phased out.
Telecommunication experts estimate the amount of data stored "in the cloud" or in remote data centers around the world, will quintuple in the next five years. Whether it's streaming video or business' database content drawn ...
In a move to further focus on software technology, Nokia says it has offered to acquire software company Comptel for some 347 million euros ($370 million).
Telecoms giant Nokia on Thursday said that falling network sales and costs stemming from acquisitions and its integration of Alcatel-Lucent had resulted in a "disappointing" loss in 2016.