Nokia to cut up to 14,000 jobs after sales drop 20% Finnish telecom gear group Nokia will cut up to 14,000 jobs to reduce costs, it said today, after weaker demand for next-generation 5G equipment lowered … Business • 19 Oct
Nokia profit falls on North American slowdown Finnish telecom gear group Nokia has today reported a drop in second-quarter profit due to a drop in margin as growth in sales of 5G … Business • 20 Jul
Nokia warns on Q2, lowers full-year results guidance Finnish telecom gear group Nokia has today reported preliminary second-quarter sales of €5.7 billion and a comparable operating profit margin of 11%, and lowered its … Business • 14 Jul
Nokia's quarterly profit misses forecast Nokia has today reported operating profit below market expectations for the first quarter and the Finnish company said it was seeing signs of customer spending … Business • 20 Apr
Nokia changes iconic logo to signal strategy shift Nokia has announced plans to change its brand identity for the first time in nearly 60 years, complete with a new logo, as the telecom … Business • 27 Feb
Nokia's quarterly profit beats expectations Nokia today beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker benefited from 5G roll-out in countries such … Business • 26 Jan
Nokia signs new 5G patent deal with Samsung Nokia said today it has signed a new cross-license patent agreement with Samsung following the expiry of a previous agreement at the end of 2022. Business • 23 Jan
Nokia quarterly operating profit lags expectations Nokia has today reported quarterly operating profit below market expectations despite the Finnish telecom equipment maker continuing to benefit from strong demand from phone companies … Business • 20 Oct 22
Nokia's quarterly operating profit beats forecasts Finnish telecom equipment maker Nokia has reported quarterly operating profit ahead of market expectations, boosted by strong demand for 5G gear from phone companies. Business • 21 Jul 22
Nokia's quarterly profit beats on 5G demand Telecom equipment maker Nokia has today reported a stronger than expected quarterly operating profit, helped by higher demand for 5G gear despite supply chain constraints. Business • 28 Apr 22
Nokia says to stop doing business in Russia Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said yesterday … Business • 12 Apr 22
Nokia resumes dividend as turnaround gathers pace Nokia has restarted its quarterly dividend and initiated a share buyback programme after reporting fourth-quarter comparable operating earnings above markets estimates as the Finnish telecoms … Business • 03 Feb 22
Nokia expects its turnaround to continue in 2022 Finnish telecoms equipment maker Nokia today gave its first guidance for 2022, easing investors' concerns over the impact the global chip shortage may have had … Business • 11 Jan 22
Review: Nokia T20 Tablet The Nokia name has been gaining currency again in the smartphone world since the brand was taken over by HMD Global. The manufacturer has since … Business • 11 Dec 21
Nokia's quarterly profit beats on 5G demand Nokia has today reported a stronger-than-expected third-quarter operating profit on higher demand for 5G gear, but warned the global shortage of semiconductors would hit its … Business • 28 Oct 21
Review: Nokia's rugged XR20 Few manufacturers try to sell mainstream devices on the basis of how indestructible they are. But that's exactly what HMD Global is doing with the … Business • 21 Aug 21
Nokia plans to raise full-year outlook Finland's Nokia said today that it planned to raise its full-year outlook as business picked up pace in the second quarter, sending the telecom equipment … Business • 13 Jul 21
Nokia to allow staff to work remotely for three days Nokia said its employees can choose to work up to three days a week remotely with increased support for flexible working hours from January after … Business • 22 Jun 21
Ericsson settles patent dispute with Samsung Ericsson has reached a "multi-year" agreement on global patent licences with Samsung, the Swedish telecom equipment maker said today, ending a dispute that hit its … Business • 07 May 21
Nokia on 5G growth path as new strategy takes shape Finnish telecom network equipment maker Nokia today showed how its new strategy was driving growth in sales of network and 5G equipment, helping to boost … Business • 29 Apr 21
Nokia unveils new range of entry and mid-tier phones Nokia has unveiled six new smartphones in one of the firm's largest launches to date, including an entry-level smartphone costing just €89. Business • 09 Apr 21
Nokia settles patent fight with Lenovo Finland's Nokia has settled a multi-year patent fight with China's Lenovo Group, the world's biggest PC maker, resolving all pending litigation across all jurisdictions. Business • 07 Apr 21
Nokia to cut up to 10,000 jobs over next two years Finnish telecoms group Nokia said today it planned to cut up to 10,000 jobs within the next two years to trim costs and invest more … Business • 16 Mar 21
Broadband plan network could in time carry 25Gbps speed The National Broadband Plan (NBP) network could in time be capable of handling data speeds of up to 25Gbps, a senior telecoms executive has said. Business • 12 Feb 21
Nokia warns of 'challenging' year as it plays catch-up Finnish telecom network equipment maker Nokia has warned of challenges to come this year as it tries to catch up with rivals after a strong … Business • 04 Feb 21
