Published July 22, 2010
The top mobile phone maker by volume in the world, Nokia, today released earnings for the second quarter of 2010.
The company reported a massive operating loss of EUR 295-million, marking a significant 31-percent increase in operating losses compared to the same period last year.
Nokia is still shipping the most volume when it comes to mobile phones in the world, posting net sales of EUR 10-billion (shipping 111.1-million units in the period), up 1-percent YoY, but the company is suffering from slumping profits because it is selling fewer smartphones that normally carry higher margins.
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Published July 17, 2010
During Apple’s held press conference yesterday that explained the antenna issues with the latest iPhone 4, the company alleged other smartphones also have similar connectivity issues if the devices are held in certain ways.
Apple specifically made these claims against Research In Motion (RIM), the company behind the BlackBerry, including other top phone makers like Nokia, Samsung, and High Tech Computer Corporation (HTC).
Today, both Nokia and RIM published statements debunking Apple’s claims against their products.
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Published July 06, 2010
One of the top five semiconductor makers in the world, Japan-based Renesas Electronics Corp., has entered into a definitive agreement with the Finnish phone maker, Nokia, to acquire part of the firms mobile operations.
The deal worth $200-million, will give Renesas exclusive ownership over previously held Nokia assets, including various GSM patents, and will see the acquisition of Nokia’s modem business unit.
Additionally as part of the deal, the company will also acquire a part of Nokia’s research and development division, which will consist of about 1,100 Nokia professionals who work mainly in Finland and India.
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Published July 05, 2010
Traditional phone-makers such as Nokia have seen slumping sales and losses in market share as competition in the mobile space has greatly intensified over the last few years, namely with the introduction of the iPhone from Apple and now more recently, Android from Google.
Google specifically has made its Android operating system open source, allowing device makers to use its advanced operating system to power their devices without licensing fees.
Today, Anassi Vanjoki, the top man at Nokia’s Mobile Solutions, confirmed via a blog post that the company has no plans to release any devices powered by Google Android, instead, opting for its now open-source Symbian platform.
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Published May 07, 2010
The market research firm IDC published a report today on global smartphone sales, indicating the market grew 56.7-percent in Q1 2010 with 54.7-million units shipped, compared to 34.9-million units shipped in the same period last year.
The smartphone market also grew by a record 38-percent in the final quarter of 2009 year-over-year.
Most notably, Apple was able to double its iPhone sales over the same period last year, as the company introduced the iPhone in emerging high-growth markets such as China.
According to the report, Apple sold 8.8-million iPhone devices, putting the company in the third top spot of global mobile vendors.
Apple is expected to unveil its latest iPhone model sometime this June, with the more redefined OS 4 that will bring many new features including multi-tasking, enhanced e-mail and personal information management, among other key enhancements.
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Published August 25, 2009
Nokia is working on a new netbook dubbed the “Booklet 3G” that will be powered by Microsoft Windows Vista (according to the video below but it is more likely the netbook will in fact run Windows 7).
The device weighs in at only 2.75 lbs, has AGPS, WiFi, will include the Nokia OVI store, and a long 12-hour battery life. The device will come in blue, black or silver colors.
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Published June 20, 2009
Update: Nortel is working on removing its shares from stock exchanges
The largest telecom equipment maker Nortel Networks Corp. has just announced the company will actually now liquidate, after entering chapter 11 bankruptcy protection in January 2009.
Nortel confirmed Nokia Siemens would buy its most lucrative carrier-networks division, CDMA assets, and its wireless-research division for $650 million.
The deal is expected to close, pending regulatory approval (July 30 in Canada, July 28 in the United States), in Q3 2009.
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Published May 25, 2009
Nokia firstly announced the Nokia Ovi Store merely a few months ago at the 2009 Mobile World Congress in Barcelona. The Nokia Ovi store is simply an online store where people can purchase applications, themes, ringtones, among other content, for their Symbian-powered handset. Free applications can also be found, such as the Bloomberg news app.
The Ovi Store has just launched in Singapore, Australia, with more countries to be added over the next day.
Right now, S40 and S60 Symbian powered devices are supported, with support for additional Nokia phones to be added.
The Ovi Store icon will come standard on newer Nokia phones such as the much-anticipated N97 that will be released June 2009.
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Published February 17, 2009
Internet telephony VoIP company Skype has just announced a new partnership with Nokia to bring Skype preinstalled on the Nokia N97. Skype will also be available on the other N series Nokia handsets. “With more than 400 million Skype users worldwide, the integration of Skype on Nokia Nseries mobile computers is a significant step in bringing converged Internet experiences from the desktop to the world’s most advanced mobile computer,” said Jose-Luis Martinez, Vice President, Nokia Nseries.
Published February 08, 2009
Not to be left behind, both Samsung and Nokia are set to unveil a new mobile app store at the upcoming MWC 2009. Samsung will launch its Samsung Mobile Applications app with just over 1,000 apps initially available for mainly Symbian S60 and Windows Mobile powered devices. Both freeware and commercial apps will be available.
Nokia, which owns the Symbian OS, will also unveil its Nokia app store as well during the conference. Nokia already has its app store finalized; it just now needs to officially unveil it. The new app stores will help the millions of users of the most used mobile OS Symbian find and use useful mobile applications, as currently, people mainly search online the internet and online forums to find the apps. Read the full story
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