Nokia has enlisted the services of an ethics officer to conduct a review into the controversial ‘faked’ promotional video for the new Lumia 920 handset.
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Nokia has announced it will lay off 10,000 workers worldwide by the end of 2013 in a further drive to save costs.
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The UK launch of the Nokia Lumia 900 has been put back by over two weeks, according to retailer Phones 4U.
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HELSINKI (AP) — Moody’s ratings agency downgraded Nokia’s debt grade to near junk status on Monday, citing a sharp decline in first-quarter cellphone sales that led to a 35 percent fall in revenue.
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Nokia shares dropped over 16 per cent on the Helsinki Stock exchange today after it cut its profit forecast for the first quarter.
The Finnish phone firm said that it now thought its operating margin for the first three months of this year was around -3 per cent, instead of a previously expected break-even...
Microsoft and Nokia will invest up to €18 million (£15 million) in a new mobile application development programme at Finland’s Aalto University during the next three years, with the goal of helping create applications for Windows Phone, the two companies said.
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A 41-megapixel Nokia smartphone was among the new technology on show during the opening day of Mobile World Congress in Barcelona.
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Nokia, the world’s largest mobile phone maker, is to cut 4,000 factory jobs in Finland, Hungary and Mexico as it shifts the assembly of its smartphones to Asia.
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Nokia has announced that it will issue two software updates to address power efficiency issues with its Lumia 800 smartphone.
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As the company plans to refocus its core strategy and streamline operation, it announces 17,000 jobs would be cut.
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