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Nokia has been on the ropes in the smartphone ring largely due to competitor’s innovations, but to large extent due to lack of their own creative Mojo. Nokia CEO Stephen Elop believes today’s announcement of the new Lumia 920 will change all that. Whether or not his suggestion that the Lumia 920 is the world’s “smartest” smartphone is valid or not though, the latest Lumia is a big cut above previous Nokia efforts.
Nokia Corp. reported on Thursday that its loss in the second quarter has nearly quadrupled compared to the same period a year ago. Nevertheless, after seeing a promising lift in its tumultuous transition to a Windows-based smartphone business, the company remains hopeful.
Apple and Samsung once again dominated the smartphone industry, capturing a combined 55 percent of the market and 90 percent of the profits in the first quarter, according to a study by ABI Research released on Friday.
Computer giant Dell Inc. is aiming for more than $2 billion in cuts over the next three years so it can keep up in the highly competitive technology sector.
Nokia Corp. announced on Thursday that it plans to cut up to 10,000 jobs globally by the end of 2013 as part of its cost-cutting effort that will also reduce its device and services operating expenses.
Finnish handset manufacturer Nokia Corp., in partnership with AT&T Inc., unveiled the third iteration of its Lumia series of smartphones at the 2012 Consumer Electronics Show (CES) in Las Vegas on Monday.
The world’s largest cell phone maker Nokia Corp. will be shedding 1,800 jobs.
Nokia Corp., the world’s top cellphone maker, said this week that it is once again delaying its new top-of-the-line smartphone the N8, by a “few weeks.”
Anna Paquin and Stephen Moyer have been added to the list of presenters for the 62nd Primetime Emmy Awards show.
Nokia, the world’s largest maker of cellular phones, announced late last week that it has purchased MetaCarta, a leading U.S.-based location services firm.
Shortly after Apple Inc. hit smartphone maker HTC with a lawsuit, Internet giant Google Inc. rallied behind the small Taiwanese vendor.
In Europe, where most businesses and consumers are still reeling from the global recession, mobile phone makers are feeling the pinch.
