S&P downgrades cellphone maker Nokia
Rating agency Standard and Poor's on Wednesday downgraded Finnish cellphone maker Nokia's long-term corporate credit rating to BB-, from BB+, citing the likelihood of the company's deteriorating profi
Lenovo executive dismisses Nokia bid talk as 'joke'
Chinese personal computer maker Lenovo on Wednesday quashed market speculation it was interested in buying struggling Finnish cellphone maker Nokia.
"This must be a joke," Gianfranco Lanci, who runs
Analysis: Apple sounds warning bell for smartphone industry
If Apple Inc's weaker-than-expected quarterly result is anything to go by, the global smartphone industry is a lot more vulnerable to economic shocks these days than during the 2008-09 financial crisi
Nokia looks to revamp marketing strategy: Report
Nokia is considering ripping up its traditional mass marketing strategy ahead of the unveiling of its new Windows 8 smartphone in the autumn, the Financial Times reported on Monday.
The mobile phone
Nokia revival hopes fade as analysts cut targets
Analysts cut their price targets on Nokia to little more than the value of its cash and patents on Friday as hopes fade that phones using new Microsoft software can revive the ailing mobile company an
Nokia sees Q2 net loss deepen four-fold to 1.41 bn euros
Nokia posted a deep second quarter net loss on Thursday of 1.41 billion euros ($1.74 billion), four times more than during the same period a year earlier and more than double the loss expected by anal
India mobile handset revenues drop 5% to Rs 31,215 crore
The Indian mobile handset market saw a drop of five per cent in revenues during 2011-12 to Rs 31,215 crore from Rs 33,031 crore a year ago, according to an annual survey.
The survey by the journal Vo
Samsung's Galaxy powers record $5.9 billion profit; euro a worry
Soar away sales of the Galaxy smartphone drove record quarterly profit of $5.9 billion at Samsung Electronics, though the South Korean tech giant is sweating over how Europe's debt crisis is denting d
Microsoft stumbles into crucial financial year
An ugly first week for Microsoft Corp's new financial year, probably its most important to date, has done little to inspire confidence that the software giant can jumpstart a stubbornly stagnant share
Nokia launches cheapest Lumia phone at Rs. 12,999
Aiming a larger share in the country's smartphone market, Finnish handset maker Nokia on Friday launched its Windows-based phone 'Lumia 610' at Rs 12,999, the cheapest device in the series.