January 31, 2001 |
Finland's Nokia Corp. posted healthy fourth-quarter earnings Tuesday, boosted by continued strength in handset sales, but warned of soft results ahead, confirming fears that the world's most successful mobile phone maker is succumbing to a sector slowdown. For the fourth quarter, Nokia said profit jumped 41% to $1 billion on a 46% rise in sales to $8.3 billion, slightly better than analysts expected. But Nokia--once seen as largely immune to troubles affecting rivals Motorola Inc.
February 15, 2006 |
Japan's Sanyo Electric Co. and Finland's Nokia Corp. announced Tuesday that they would combine some of their cellphone operations into a joint venture with major operations in San Diego. The new entity will have 3,500 employees, Nokia said; more than 200 jobs will be cut because of the merger. Apart from San Diego, the venture will have major operations in the Japanese cities of Osaka and Tottori. The companies did not say where the new entity's headquarters would be.
June 19, 2006 |
Nokia Corp. of Finland and Siemens of Germany have reportedly agreed to combine their telephone equipment units in a deal valued at about $31.6 billion. Nokia would control a majority of board seats of the new company, which would be based in Finland and not trade separately, the Wall Street Journal reported Sunday on its website, citing people familiar with the deal.
June 13, 2006 |
Qualcomm Inc.'s legal clashes with Nokia Corp., which have become more bitter during the last few months, have heated up again. In a complaint filed with the U.S. International Trade Commission on Friday, San Diego-based Qualcomm alleged that the Espoo, Finland-based wireless manufacturer infringed six Qualcomm patents. The move strains an already tense relationship between the two.
August 30, 2007 |
Nokia Corp. unveiled new services and cellphones Wednesday that customers could use to download music and play games, a bid by the world's largest mobile phone maker to challenge Apple Inc.'s higher-end iPhone, as well as iTunes and the iPod. The move by Nokia, whose basic handsets give it a strong position in emerging markets, is the latest recognition that high-end markets require handsets with photo, music and video capabilities and quick access to the Internet.
March 21, 2012 |
Nokia Corp. is taking steps to make sure that you never miss another phone call, text or email alert again: The company has filed a patent for a tattoo that would send "a perceivable impulse" to your skin whenever someone tries to contact you on the phone. According to the patent filed with the U.S. Patent and Trademark Office, the phone would communicate with the tattoo through magnetic waves. The phone would emit magnetic waves and the tattoo would act as a receiver. When the waves hit the tattoo, it would set off a tactile response in the user's skin.
June 13, 2001 |
Nokia Corp., seen as a bastion of strength in the troubled cell phone industry, joined the profit warning club Tuesday, sending not only its stock but others in the telecommunications field tumbling. The Finland-based company, by far the world's largest producer of mobile phones, said its second- quarter sales will grow less than 10%, down from an earlier forecast of 20%. Nokia said the economic slowdown has spread from the United States to the rest of the world.
July 28, 2000 |
One of the brightest tech-stock stars of the last year, wireless phone giant Nokia Corp., became the sector's latest casualty on Thursday after warning that near-term earnings won't meet expectations. While the Finnish company reported a 64% surge in second-quarter net income as phone sales continued to soar, that news was overshadowed by Nokia's warning that third-quarter profit will weaken as customers delay cell-phone purchases until new models are available.
July 4, 2001 |
Nokia Corp., the world's largest mobile-phone maker, agreed to pay Qualcomm Inc. royalties on sales of new phones that offer high-speed Web access, ending Nokia's status as the biggest holdout against such an agreement. With the accord, Qualcomm will get royalties on Nokia-made phones that use a new version of Qualcomm's patented code-division multiple-access, or CDMA, technology. Nokia is promoting the new standard, which probably will become widespread in Europe, Japan and parts of the U.S.
February 12, 2011 |
Nokia is set to pair its hardware with Microsoft's Windows Phone software in an effort to fend off increased competition from Apple's iPhone, Google's Android operating system and Research in Motion's BlackBerry handsets. Nokia, the world's largest mobile phone maker, made the widely expected decision official on Friday morning during a London news conference. "The entire smart phone market is growing rapidly, and we should be setting the pace," said Nokia Corp. Chief Executive Stephen Elop.