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Nokia Corp

BUSINESS
February 15, 2006 | From Associated Press
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.
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BUSINESS
June 19, 2006 | From the Associated Press
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.
BUSINESS
September 7, 2012 | By Salvador Rodriguez, Los Angeles Times
An ad for a new Nokia Corp. smartphone shows off the device's amazing ability to stabilize a video shot under rocky conditions. Except the images shown in the ad were faked. The ad is for the Lumia 920, the company's upcoming flagship phone with a technology called PureView. It's supposed to stabilize hand-held video and shoot better pictures at night. The ad, which can be viewed on YouTube, shows a man and a woman riding bikes, with the man supposedly shooting video with the Lumia 920. Parts of the ad that were staged to look like they were shot by the phone were not, according to tech news site The Verge.
BUSINESS
June 13, 2006 | From Dow Jones/the Associated Press
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.
BUSINESS
August 30, 2007 | From the Associated Press
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.
BUSINESS
March 21, 2012 | By Deborah Netburn, Los Angeles Times
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.
BUSINESS
June 13, 2001 | DAVID COLKER, TIMES STAFF WRITER
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.
BUSINESS
July 28, 2000 | From Times Wire Services
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.
BUSINESS
July 4, 2001 | SCOTT LANMAN, BLOOMBERG NEWS
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.
BUSINESS
February 12, 2011 | By Nathan Olivarez-Giles, Los Angeles Times
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.
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