Nokia | featured news

Soaring sales of smartphones lifted Samsung Electronics's profit to a record and apparently pushed the South Korean company past Nokia as the world's biggest cellphone seller—and perhaps past Apple as No. 1 in smartphones.

Contract handset maker Foxconn International its loss in this year's first half to widen significantly from a year earlier as demand from major customers like Nokia weakened further in the period.

Standard & Poor's has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week.

While the company's new Lumia line of smartphones is gaining traction, those using the older Symbian operating system have lost their appeal.

Nokia says that a bug is causing its latest smartphone to occasionally lose its data connection and is offering customers $100 (£63) in call credits. The Finnish manufacturer said a fix for the Lumia 900's "memory management issue" would be issued on 16 April.

Nokia and Microsoft joined forces to make the Lumia 900, a top-of-the-line device. But that doesn’t necessarily mean that people will flock to it.

Thought that Symbian was dead? Think again: at the Mobile World Congress in Barcelona, Nokia has just announced the 808 Pureview, a flagship Symbian device with a 41-megapixel camera.

One of the bigger, if expected, events at today’s CES Press Day was the announcement (three times) that AT&T will offer the Microsoft Windows-based Nokia Lumia 900 smart phone. AT&T announced the news Monday morning at a meeting for developers – with a hand from Nokia CEO Stephen Elop and Microsoft CEO Steve Ballmer; Nokia then discussed it at their own event; and then Ballmer discussed the launch again at his keynote Monday night.

Nokia is getting back into the U.S. smartphone business with an entry-level model powered by Microsoft's latest Windows software and sold by T-Mobile USA. The Lumia 710, one of two models that Nokia has launched in Europe, is slated to go on sale Jan. 11 for $50 after a rebate and a two-year contract. The Lumia 710 retails for €270 ($351) in Europe.

Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 — nearly 23 percent of its work force — as it strives to cut costs by €1 billion ($1.35 billion). The mobile infrastructure company said Wednesday the measures are part of “an extensive global restructuring program,” which includes streamlining the organization to improve long-term competitiveness and profitability.