The former maker of rubber boots, Nokia, has cut 353 jobs in its home market Finland due to a weak global network market and as part of its global cost-savings plan.
Making sure no one sells it to the Chinese
Finland’s government investment arm Solidium has acquired a 3.3 percent stake in Nokia at a cost of about 844 million euro to strengthen government influence over the telecom network gear maker.
3.5Ghz and 28Ghz spectrum compliant
Nokia and Qualcomm have completed interoperability testing in the 3.5Ghz and 28Ghz spectrum compliant with the global 3GPP 5G NR Release 15 standard using the commercially available Nokia AirScale base station and device prototypes from Qualcomm Technologies.
5G on the way by 2020 in Land of the Rising Sun
Former rubber boot maker Nokia has signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo.
The former maker of rubber boots, Nokia, has signed a multi-year smartphone patent license deal with China’s Huawei, completing its list of agreements with the world’s largest handset makers and sending its share price up.
Withing and I
Last year Nokia purchased fitness tracker, smart scales, and smartwatch maker Withings and has now made the Steel HR available to the public for pre-order.
Makes more workers redundant
The former rubber boot maker Nokia has abandoned its OZO VR camera project and made more workers redundant.
Will get a one off payment
Nokia will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea’s LG Electronics (066570.KS) for using its smartphone patents.
Could come with 4,000mAh battery
Nokia, or to be precise HMD Global, is gearing up to launch its affordable Nokia 2 smartphone and today, press renders as well as some specification details have emerged online.
Pays $2 billion that it owed.
It appears that all that rubbish that Apple spouted about the former rubber boot maker Nokia was completely untrue and the fruity-cargo cult has written a cheque for $2 billion dollars to provide the Finns with the money they are owed.