Nokia
Nokia’s 2007 iPhone Threat Warning: A Missed Chance for Innovation
January 21, 2025 – A recently disclosed internal document from Nokia reveals that at least nine employees recognized the significant threat posed by the first-generation iPhone just a day after its release. These employees promptly submitted a confidential internal report highlighting their concerns. It’s worth noting that prior to the iPhone’s launch, Nokia held approximately…
Nokia Boosts 5G and 4G Revenue with Acquisition of Global API Hub
November 14, 2023 – Nokia announced on Wednesday that it has acquired the world’s largest Application Programming Interface (API) hub and marketplace from the US-based company, Rapid. This strategic move aims to bolster the revenue of its 5G and 4G network business. Like other telecommunications equipment manufacturers, Nokia has been exploring ways to monetize its…
Retro Reimagined: HMD Skyline G2 Unveils Lumia 1020-Inspired ‘Oreo’ Camera Design
June 28, 2024 –HMD Global, the home of Nokia phones, is poised to introduce two new smartphones under the Skyline/G2 series, drawing inspiration from the iconic Lumia design era. Based on recently leaked renders, the front of these devices will embrace the Fabula aesthetic that was synonymous with Nokia Lumia devices. Today, exclusive information from…
Nokia Acquires US-Based Infinera for $2.3 Billion, Bolstering Its Optical Communications Portfolio
June 28, 2024 –On June 27th, Nokia announced an “insider news” on its official website, revealing its intention to acquire Infinera, a global supplier of optical network solutions and optical semiconductors. This move is expected to significantly enhance Nokia’s capabilities in the optical networking domain. Headquartered in San Jose, California, Infinera is a vertically integrated…
Nokia Faces 28 Million Euro Loss as HMD Global Struggles with Financial Performance
June 03, 2024 – Nokia has recently unveiled its 2023 financial results, highlighting a significant revenue stream generated by its technology division, which oversees the company’s patent portfolio. Despite a slight dip in figures, the division managed to secure approximately 1.3 billion euros (currently equivalent to approximately 10.231 billion yuan) in annual net sales through…
Nokia X30 5G Spotted Testing Android 14 Update: GeekBench Revelations
January 11, 2024 – Recent reports indicate that HMD Global, or possibly Nokia Mobile, is currently testing the Android 14 update for the Nokia X30 5G smartphone. However, specific details regarding the rollout timeline remain unclear. According to information from the GeekBench benchmark database, the Nokia X30 achieved a score of 919 in the single-core…
Nokia Divests Management Platform Business to Lumine Group for €185 Million
December 21, 2023 – Nokia today announced its decision to sell its device and service management platform business to Lumine Group for a sum of €185 million (approximately 1.447 billion yuan). The sale is expected to be finalized in the first quarter of the following year. Lumine Group, recently spun off from Constellation Software, specializes…
Revolutionizing Japan’s Telecom Landscape: Nokia’s O-RAN 5G Solution with NTT Docomo
November 21, 2023 – In a recent announcement, Nokia revealed its collaboration with Japan’s largest telecommunications operator, NTT Docomo, to deploy a next-generation Nokia Open Radio Access Network (RAN) 5G AirScale baseband solution across the commercial network in Japan, adhering to the O-RAN specifications. Nokia asserts that the new AirScale communication solution is powered by…
Strong Demand Drives Nokia’s Expectation of Increased Sales in 2023
Nokia, a leading provider of telecommunications equipment, is expecting to see an increase in sales for 2023 due to the deployment of 5G technology in regions such as India. The deployment of 5G networks is expected to drive demand for a wide range of equipment, including base stations, core network infrastructure, and mobile devices. As…