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Nokia plans $4 billion AI investment in the United StatesNokia will invest $4 billion into the US to boost AI-driven network technology, the company announced on Friday. The telecom equipment make...
Nokia flags disruption from Trump's tariffs on Q1 profit missNokia's first-quarter profit significantly missed market expectations, reporting 156 million euros against an anticipated 243.83 million eu...
Nokia names Intel's AI head to replace CEOThe move comes as Nokia reported last month a surge in profit for 2024 after years of slumping demand for its 5G equipment from mobile netw...
Nokia India net sales fall 69% in Q1 as Jio, Airtel lower 5G investmentsNokia experienced a 69% decline in India sales to Rs 265 million in the March quarter, largely due to moderating 5G rollout. The company's ...
Nokia to cut up to 14,000 jobs after sales drop 20%Nokia plans to cut up to 14,000 jobs as part of a cost-saving initiative after experiencing a 20% drop in third-quarter sales due to slowin...
Telecom equipment maker Nokia's Q2 profit falls as US clients slash spendingThe company, which is competing with Swedish rival Ericsson and China's Huawei in the global rollout of 5G equipment, said the deployment i...
Nokia India’s net sales up 327% to over Rs 7.5k crore on 5G push“The strong growth in net sales in India was related to mobile networks, as 5G deployments continued to ramp in Q1 2023,” said Nokia in its...
Nokia changes its iconic logo for the first time in 60 years to signal strategy shiftThe new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of ...
Nokia India sales fall 15% to 250 million euro in December quarter"From a regional perspective, (net sales in) North America, Asia Pacific, Greater China and India declined on a constant currency basis. Th...
Nokia sales in India fall 6% in September quarterNokia mentioned about the scope and duration of the COVID impact, particularly in certain countries, including India, where the pandemic ha...
Nokia completes acquisition of SAC WirelessNokia said the acquisition is expected to boost company's network implementation services business and grow market share in the US.
Shivakumar to head Nokia's emerging markets such as India, Middle East and AfricaNokia India vice-president and MD D Shivakumar will head all emerging markets -India, Middle East and Africa - in his new role, the handset...
Nokia shutters online stores, sells operator messaging unitNokia Oyj, the world's biggest maker of mobile phones, closed the last of its 10 online stores as CEO Stephen Elop pares parts of cos's ope...
- Synchronica to acquire Nokia's OB messaging biz for $ 25 mn
The acquired technology includes Nokia's email, Instant Messaging (IM) and Social Networking Gateway and client software.
- Nokia's Chennai unit crosses 350 million handset mark
Nokia's manufacturing facility at Sriperumbudur near Chennai has crossed production volumes of 350 million handsets.
- Nokia production crosses 350 mn handsets in four years
Nokia’s manufacturing facility at Sriperumbudur near Chennai has crossed production volumes of 350 million handsets.
- Nokia pays high price for cheap phone push
Nokia, the world’s largest maker of mobile phones, said profit fell as sales of cheap handsets in China and India eroded margins.