Nokia, Smartphone | featured news

The coming months will be very important for Lumia since Nokia will have to work hard to ensure that the demand doesn’t fizzle out post the initial euphoria in order to stage a turnaround in its smartphone business.

Nokia and Microsoft Corp took the wraps off the struggling European company's most powerful smartphone on Wednesday, in what may be their last major shot at reclaiming a market lost to Apple, Samsung and Google.

Nokia agreed to sell its software-development business Qt to information-technology firm Digia, as the ailing Finnish handset maker continues to divest assets in a bid to return to profitability.

The price of Nokia's flagship Lumia 900 Windows phone has been cut in half in the critical U.S. market, a little more than three months after the launch of the smartphone at AT&T stores.

Nokia’s latest smartphones may be chasing the ubiquity of iPhones and Androids, but the Finnish phone maker hopes that vivid colors, simple form factor and the “instinctive” user interface on its latest Lumia range will help claw back thinning margins and faltering profits. The trick is to appeal to trend-setters, much like Apple‘s iMacs first did nearly 15 year ago. Are its designers and managers living in a parallel universe, or can they pull it off?

Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the outlook negative, meaning it could downgrade it again.

Nokia shares are trading higher Friday morning in a move that at least one report attributes to dubious rumors that the company could be a takeover target for Samsung. Honestly, the rumor seems ridiculous. Samsung has little reason to buy a struggling handset maker given its own success in dominating the market for Android-based smart ...

Wounded cellphone maker Nokia has turned on one of its former allies in the patent protection battlefield by filing lawsuits against rival smartphone maker HTC as it steps up its efforts to raise funds.

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.

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