Yesterday HMD Global wrapped off the Nokia 2 smartphone at an event in Gurugram, India. The Nokia 2 is presently company's most affordable and entry level smartphone globally. Now with the announcement of the Nokia 2 phone, the company has silently pushed a new update to the Nokia Mobile Support app.
Nokia has today made its Q3 2017 Earnings report public. The Q3 2017 highlight is Nokia Technologies registering big boost in both sales and profitability. Nokia Technologies has seen 37% year-on-year net sales increase and 73% year-on-year operating profit increase in Q3 2017, primarily due to higher patent and brand licensing income.
Nokia has entered into a strategic collaboration with Amazon Web services to help the enterprises in migrating easily to the cloud. Nokia will bring IoT applications for large enterprises using AWS services. The collaboration will also see Nokia and AWS working on 5G use cases for service providers. Here are some
Nokia has announced that its research arm Nokia Bell Labs will lead a collaboration project called WIVE (WIreless for VErticals). This project will focus 5G to increase the business value of many new industries like automated transport, smart grids, massive machine connectivity and media delivery. The project is co-funded by
Nokia has landed up with one more licensing agreement decision favoring it. The International Court of Arbitration of the International Chamber of Commerce has given its decision for arbitration between Nokia and LG Electronics. This decision is binding on both parties and Nokia will get onetime catch-up revenue and the
TRA, the Telecommunications Regulatory Authority of UAE has released statistics for the second quarter of 2017 on the nation’s most popular mobile phone handsets. Nokia as a brand still enjoys good recognition in UAE market highlights the report. Nokia is the 2nd top phone brand in UAE with 22.9% market share
Nokia has revealed during its Earnings Call that the patent and business collaboration deal with Apple has provided it with many reasons to be pleased. Not only Apple made an upfront cash payment of €1.7 billion for settling this patent litigation with Nokia, there will ongoing payments made along with uplift
Nokia has today made its Q2 2017 Earnings report public. Highlights are Nokia Technologies registering big boost in both sales and profitability, very strong margin of 39.1% in Networks business, overall gross margin of 41.7%. Nokia Technologies has seen 90% year-on-year net sales increase and 158% year-on-year operating profit increase in Q2
In a positive news for Nokia, Apple has resumed sales of Nokia (Withings) Digital Health Products in its retail and online stores. If you remember Apple had stopped selling Withings Digital Health products in its stores following a patent-licensing dispute with Nokia. But Nokia and Apple announced a business collaboration and