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All posts tagged "nokia"

  • Former Rovio CEO to lead Nokia brand’s return to market

    Earlier this year, it was announced that new firm HMD Global would be bringing the Nokia name back to the smartphone world. At the time, HMD Global said it would be using the Nokia name for smartphones and tablets and that these devices would be running Android. The company already has several high-profile executives, but you can add another one to the list, in the form of ex-Rovio Entertainment CEO Pekka Rantala. The executive, who was also a senior vice-president of global marketing at Nokia, is now the chief marketing officer at HMD Global, the company announced. Rantala has 17-years of experience at Nokia, before...

  • Nokia study reveals reasons why consumers switch mobile networks

    A new study by Nokia has revealed the main reasons for people choosing their current mobile network. Of course, price was the number one reason, but there are a number of interesting trends nonetheless. Nokia's 2016 Acquisition and Retention Study polled over 20 000 users in 14 countries (including South Africa), covering both "mature" and "transition" markets. Why are people on their current network? The study unsurprisingly found pricing to be the main factor, with 45% of users choosing this as the number one reason for joining their carrier. It was a tight race for second place, as best network coverage/quality (26%), best geographical network coverage...

  • Weekly Round Up #63: Google I/O 2016, Nokia, Mango R1 sale & Max Verstappen

    Welcome to Weekly Roundup, our podcast discussing the latest tech trends, innovation, and news from the last few days. This week, the main man Stuart Thomas talks to Andy and Hadlee. This week the team discusses the announcements at Google I/O 2016, Foxconn and HMD Global purchase of Microsoft's feature phone unit for US$350-million (which signals Nokia's return to tablets and smartphones), Mango's R1 glitch sale and Max Verstappen, an 18-year-old Dutch driver, who has won the Spanish Formula 1 GP. On the 'What are you...?' segment, the team discusses the TV series they're currently watching, the games they're addicted to and,...

  • Microsoft sells its feature phone unit for $350m, Nokia devices coming

    Microsoft's mobile divisions are no stranger to upheaval. After all, the US company added Nokia's mobile unit to the stable several years ago and mobile saw plenty of layoffs last year. Now, there's more big news as the Redmond company is spinning off the feature phone unit. The US company has announced plans to sell the feature phone business to FIH Mobile, a subsidiary of manufacturing colossus Foxconn, and HMD Global for US$350-million. The deal will also see Microsoft selling its Vietnamese manufacturing facility to Foxconn. "Upon close of this deal, approximately 4500 employees will transfer to, or have the opportunity to join, FIH Mobile Ltd. or HMD Global,...

  • WhatsApp will no longer support BlackBerry, Nokia S40, Windows 7.1, earlier Android versions

    By end of this year, WhatsApp users on BlackBerry, including BlackBerry 10, will no longer be able to use the instant messaging sevice.In addition to cutting support for the BB OS, WhatsApp will no longer be compatible with Nokia S40, Nokia Symbian S60, Windows Phone 7.1 and earlier versions of Android, Android 2.1 and Android 2.2. The Facebook owned IM announced that these devices and platforms will soon be incompatible with the platform, owing to their inability to offer the kind of capabilities that WhatsApp needs to expand its app's features in the future. The company, which recently turned...

  • HERE leaves Nokia, plans to build maps for self-driving cars

    The sale of Nokia's mapping business unit, HERE, was no small issue. It was quite the funfair. Uber was in the running for it, so was Facebook, but the business was ultimately sold to an automotive industry consortium that comprises of AUDI AG, BMW Group and Daimler AG. The sale was worth an enterprise value of €2.8 billion (US$3.07-billion). Today, the HERE team is finished packing its bags and whatever else lay on their work stations and is leaving Nokia. About 6 500 employees of HERE are today shifting gears and officially saying farewell to Nokia. There has not been...

  • Tech brands dominate the top 10 spots in Interbrand global brands list

    Interbrand, the world’s leading brand consultancy firm, puts together an annual best global brands report, in which it details the 100 most valuable brands in the world. The 2015 list is out and tech brands are dominating the top ten, occupying more than half of the top ten spots. Apple and Google continue to dominate the top spots in the list. Apple is the most valued brand at $170.276 billion, a brand value increase of 43 percent from the previous year, whilst Google is estimated to be worth US$120.314-billion, with 12% brand value increase. The other tech brands in...

  • Nokia sells its Here mapping business to Audi, BMW, and Mercedes for $3 billion

    Nokia, after much speculation and bidding, has announced that it has agreed to sell its HERE digital mapping and location service business to an automotive industry consortium at an enterprise value of €2.8 billion (US$3.07-billion). The automotive consortium comprises of AUDI AG, BMW Group and Daimler AG. Rajeev Suri, President and Chief Executive Officer of Nokia, said: "With this step we complete the latest stage of Nokia's transformation. We will focus on our planned combination with Alcatel-Lucent”. Suri went on to reveal Nokia’s focus moving forward. He stated that the company will after the deal is completed focus on...

  • Nokia agrees to buy Alcatel-Lucent for $16.6bn, puts HERE on sale

    Nokia is going to buy Alcatel-Lucent for $16.6 billion in shares. Once the merger is completed Alcatel-Lucent will take on the Nokia name. Though the deal has been approved by both companies’ boards, its completion is subject to receipt of regulatory approvals and other customary conditions. Nokia said that it expects, once everything has been completed, to close the deal on the first half of 2016. In a statement, Nokia President and Chief Executive Officer, Rajeev Suri, said “Our innovation capability will be extraordinary, bringing together the R&D engine of Nokia with that of Alcatel-Lucent and its iconic Bell...

  • Samsung will make fewer smartphone models next year

    Samsung executives have confirmed that the company is betting on a more streamlined range of smart devices as it looks to claw back some of the profits it lost in the most recent financial quarter. Before releasing its quarterly earnings report last month, the company warned of weak demand for phones and increased marketing spend. Still the announcement to streamline its range of smartphones is hardly surprising. Read more: Samsung profits fall as it gets squeezed at both ends of the market The global smartphone leader's market share declined in annual terms for the third straight quarter in July-September. In...

  • The next Nokia you own may not even be a phone

    Nokia is not done yet, at least a brand name. You see, the Finnish company looks set to license its iconic brand to other businesses, and not necessarily in the mobile space either. The reason it can do that is because in its deal with Microsoft, Nokia sold its smartphone line but held on to its brand name. Although the former mobile giant has seen massive revenue losses since 2012, it is still the world’s 98th most valuable name with a net worth of around US$3.2- billion. Its plan is to profit off that name by licensing...

  • Future Nokia devices will be branded as Microsoft Lumia, company confirms

    So it seems Microsoft has finally stuck the dagger into Nokia's ailing heart. The company once famed for making those indestructible Nokia 3310s we could never seem to destroy, will not have its branding on future Lumia phones. Instead, the brand will be known as Microsoft Lumia. We all knew this was coming, but we're pretty sad, nevertheless, to see this iconic name die. While there are currently no Microsoft Lumia devices on the market, Tuula Rytilä, Senior Vice President of Marketing for Phones at Microsoft noted that she is "looking forward to unveiling a Microsoft Lumia device soon." Interestingly, she also...

  • All of a sudden, things aren’t looking so bad for Microsoft

    Over the last few months people have been asking a lot of questions about Microsoft. That's understandable. Steve Ballmer's retirement was sudden and, even a few weeks before he was named, Satya Nadella was a dark horse in the race to replace him. Now though, things are starting to look up for the Redmond-based tech giant. Once we started learning more about Nadella, it became increasingly apparent that he was probably wasn't the worst candidate when it came to setting Microsoft back on track. He had, after all, run its most successful division and came with serious geek credentials....

  • Microsoft, Nokia could close their multibillion dollar deal by April

    If you've been wondering when Microsoft's US$7.1-billion buyout of Nokia's handset business will finally go through, we're now that much closer to actually knowing. Nokia today issued a statement saying that it hopes the deal, which was first announced in September last year, will close by April. The announcement comes on the back of a similar post from Microsoft, in which it says that the two companies "are nearing the final stages of our global regulatory approval process". According to Nokia, the problem lies with "antitrust authorities in Asia which are still conducting their reviews". It is careful to point out...

  • The Nokia X Android fork… smart move or dead-end?

    Unexpected? Probably not. This was one of the worst-kept secrets in mobile. Speculation that Nokia would ship an Android phone has been swirling for at least a year. And that makes sense. Any serious move to ship Android devices would’ve had to start about 18-24 months ago, way before Microsoft had conjured up a deal to buy Nokia (or, more correctly, way before Nokia was about to run out of cash and hit the wall). Of course, there’s now confusion about what Microsoft will do – will it kill Nokia X? How could it let Nokia ship an Android...