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Nokia’s Mexico, Hungary, Finland Phone Assembly Goes To Asia; 4,000 Jobs Go

Feb 8, 2012 3:24 AM

Today brings news of yet another round of capital-intensive cost-cutting for the challenged mobile phone maker Nokia: the company today announced that it would be transferring smartphone assembly from factories in Hungary, Finland and Mexico, and putting the operation in Asia.

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Posted In: Legal, Regulatory, EC, Mobile, Money, Companies, Apple, iPhone, Google, Android, HTC, Microsoft, Windows Phone, Nokia, RIM, Samsung, Countries, Europe, Russia, Finland, Asia, India, China, foxconn

Industry Moves
Is A Finnish IT Security Entrepreneur In Line To Be Nokia’s Next Chairman?

Jan 5, 2012 6:34 AM

Nokia (NYSE: NOK) may have looked westwards for its latest CEO—the Canadian, ex-Microsoft (NSDQ: MSFT) executive Stephen Elop—but, in picking its new chairman, it appears the handset maker may remain Finn.

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Posted In: Industry Moves, Mobile, Companies, Microsoft, Windows Phone, Nokia, Countries, Europe, Finland, f-secure, jorma ollila, risto siilasmaa

Nokia To Chop 1,300 People From Its Navteq Mapping/Commerce Division

Sep 29, 2011 6:27 AM

No one ever said turnarounds were easy, and Nokia (NYSE: NOK)—currently the world’s largest handset maker—is one big ship. Today the company announced that it would be downsizing its manufacturing, as well as its mapping and commerce divisions, which will result in job losses totalling 3,500.

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Posted In: Jobs & Layoffs, Marketing, Mobile, Social Media, Technologies / Formats, Companies, HTC, Microsoft, Windows Phone, Nokia, Samsung, Countries, Europe, Germany, Finland, Asia, location, maps, mobile payments, navteq, nfc

Sony Kisses Qriocity Branding Goodbye, Forms Sony Entertainment Network

Aug 31, 2011 5:44 PM

Many consumers were never completely sure of the correct way to pronounce it, and it has had mixed success as a household name synonymous with cloud-based entertainment, so it comes as not too much of a surprise to hear that Sony (NYSE: SNE) has now dropped the Qriocity brand. Instead,…

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Posted In: Entertainment, Music, Gadgets, Tablets, Social Media, Video, Companies, Apple, iPad, Sony, Countries, Europe, Belgium, Denmark, Finland, Germany, Norway, Sweden, UK, music unlimited, playstation network, qriocity, video unlimited

Fox Mobile Vet Stalbow Joins Rovio As GM, North America

Aug 22, 2011 4:00 PM

At our paidContent Mobile conference in May, Andrew Stalbow and Peter Vesterbacka paired up to tout the value of a major studio partnering with a popular game developer on the successful Angry Birds Rio. Now Stalbow has shifted from SVP-Mobile for *Fox* Digital to working with Vesterbacka directly as the…

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Posted In: Apps, Entertainment, Games, Animation, Mobile, Social Media, Video, Events, ContentNext Events, paidContent Mobile, Companies, Google, YouTube, News Corp., Fox, Samsung, Countries, Europe, Finland, andrew stalbow, angry birds, mikael hed, peter vesterbacka, rovio

Nokia: First WP7 Devices Will Debut In Six European Markets

Jun 17, 2011 8:16 AM

One of the biggest reasons that Nokia (NYSE: NOK) has dumped Symbian in favor of Windows Phone 7 from Microsoft (NSDQ: MSFT) is to better tackle winning back some market share and mindshare in the U.S. But it looks like it will try out its first WP7 devices in markets…

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Posted In: Mobile, Companies, Microsoft, Windows Phone, Nokia, Countries, Europe, UK, Spain, Italy, Germany, France, Finland, Asia, China, netherlands

Nomura Calls A Spade A Spade: Nokia Is Going Down

Jun 13, 2011 9:33 AM

Investment bank Nomura is the latest heavy hitter to weigh in on something wrong in the state of Nokia (NYSE: NOK). The analysts have released a report today that states what many may have already thought was the case: it says that Nokia will, this quarter, lose its position as…

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Posted In: Mobile, Companies, Apple, Google, Android, HTC, Microsoft, Windows Phone, Nokia, Samsung, Countries, Europe, Finland, Asia, Korea

Nokia Downsizes: 4,000 Jobs Cut, And Symbian Takes Off For Accenture

Apr 27, 2011 5:01 AM

Two big steps for Nokia (NYSE: NOK) today in its ongoing strategic shift: the company announced it would transfer all Symbian software operations to Accenture, including the 3,000 people that work in the division. It also said that it would begin a massive wave of layoffs that will total 4,000…

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Posted In: Jobs & Layoffs, Legal, Regulatory, EC, Mobile, Search, Companies, Microsoft, Windows Phone, Nokia, Countries, Europe, Denmark, Finland, UK, stephen elop

Some Life Left In MeeGo Yet? LG, ZTE Reportedly Interested

Apr 15, 2011 10:56 AM

Some of the mobile industry left MeeGo for dead when Nokia (NYSE: NOK) announced it would be focussing the bulk of its software development on integrating Windows Phone 7 from Microsoft (NSDQ: MSFT). But apparently there are some OEMs that could be interested in developing smartphones on the platform. Is…

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Posted In: Mobile, Companies, Google, Android, LG, Microsoft, Windows Phone, Nokia, Countries, Asia, China, Europe, Finland, lg, meego, zte

The iPad Abroad: Apple Holds Firm On March 25 Ship Date

Mar 22, 2011 9:22 AM

Despite the big stories about the iPad 2 selling out in the U.S., and the question marks over how events in Japan might affect consumer electronics supplies, Apple (NSDQ: AAPL) is going ahead with its scheduled launch of the iPad 2 outside the U.S.

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Posted In: Mobile, Companies, Apple, iPad, France Telecom, Orange, T-Mobile, Countries, Europe, UK, Sweden, Spain, Norway, Luxembourg, Italy, Ireland, Germany, France, Finland, Denmark, Belgium, Canada, Asia, Korea, Japan

Angry Birds’ Rovio Raises $42 Million From Accel And Skype Founders

Mar 10, 2011 8:05 AM

Big news today from Rovio, the Finland-based developers behind the hugely successful Angry Birds mobile game: the company has picked up $42 million in funding, a first round round led by no less than Accel Partners and Atomico Ventures, the VC firm founded and led by Skype/Kazaa/Joost founders Niklas Zennstrom…

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Posted In: Apps, Mobile, Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Europe, Finland, accel partners, angry birds, atomico, niklas zennstrom, rovio

The Mobile Lowdown: Nokia, Apple iPad Pricing, Square, Disney

Mar 3, 2011 5:47 AM

Our rundown of mobile news to start your day. Nokia’s MeeGo payoff; what the ASP of today’s iPad tells us about what’s next; Square hits $1 million, and Disney (NYSE: DIS) hedges its bets between apps and HTML5 with a new acquisition. Read on for the details.

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Posted In: Apps, Entertainment, Games, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Apple, iPad, Disney, Microsoft, Windows Phone, Nokia, Countries, Europe, Finland, meego, rocketpack, square

Grey Area Gets $2.6 Million To Build Out Location-Aware Gaming Business

Feb 24, 2011 7:38 AM

Nokia’s stock may have dipped to 1998 levels in the last few days on worries about its new smartphone strategy with Microsoft (NSDQ: MSFT), but there are some good-news stories coming out of Finland’s mobile world, too. Grey Area, the Helsinki-headquartered, location-based social mobile game developer, has announced that it…

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Posted In: Entertainment, Games, Mobile, Money, M&A & Venture Capital, Venture Capital, Social Media, Companies, Apple, iPhone, Countries, Europe, Finland, grey area, index ventures, initial capital, london venture partners

Voddler Picks Up Another $8 Million In Funding For VOD, Led By Nokia

Feb 1, 2011 8:31 AM

Nokia (NYSE: NOK) may be rethinking how it delivers mobile music—shuttering its Ovi Unlimited music service—but it is not giving up on digital entertainment altogether. The Swedish VOD and streaming site Voddler has announced that it has picked up an additional $8 million in funding, with this round led by…

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Posted In: Entertainment, Movies, Media & Publishing, TV, VOD, Mobile, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, P2P, Companies, Nokia, Countries, Europe, Sweden, Scandinavia, Norway, Finland, Denmark, nokia growth partners, voddler

Nokia’s ‘Comes With Music’ Disappears In 27 Markets

Jan 17, 2011 7:06 AM

Nokia’s struggle to compete against Apple (NSDQ: AAPL), and drive more sales of its own smartphones, hit a new low today, as the Finnish company said it would be discontinuing its free, bundled music service, Comes With Music, in 27 of the 33 markets where it has operated since 2008,…

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Posted In: Entertainment, Music, Legal, Regulatory, EC, Mobile, Companies, Apple, EMI, Google, Android, Nokia, Sony, Vivendi, Universal Music Group, Warner Music Group, Countries, Europe, UK, Finland, Asia, India, China, comes with music

Nokia Cuts 800 Jobs, Delays Shipment Of “iPhone Rival” E7

Dec 14, 2010 11:03 AM

Is Nokia feeling the heat, or making itself lean and mean for competitive times ahead? The handset maker today said that it would be cutting 800 staff in its home market of Finland. This is on top part of the 1,800 layoffs worldwide that it announced in October. The news…

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Posted In: Gadgets, Jobs & Layoffs, Mobile, Companies, Apple, iPhone, Nokia, Countries, Europe, Finland, e7

Will Angry Birds Make Mobile Operators Happy?

Dec 13, 2010 6:58 PM

Angry Birds, the quirky mobile game that’s become a flyaway success in all app stores where it has built a nest, is on course for a new direction. After selling as a paid app, and then as an ad-supported free app, developer Rovio is now teaming up with operators to…

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Posted In: Advertising, Apps, Legal, Regulatory, EC, Mobile, Countries, Europe, Finland, angry birds, rovio

Aspiro Sells Remaining Mobile Entertainment Assets To Exsol

Nov 19, 2010 6:22 PM

Aspiro, the hosted and white-label mobile TV and music provider, today announced that it has sold its remaining mobile entertainment business in Finland to Exsol Oy, for €100,000 ($137,000; £86,000), a holding company set up by games/ringtone distributor Buumi International. This follows a sale of entertainment assets in Norway, Sweden…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Scandinavia, Norway, Finland, Denmark

NHL Video No Longer Only On Verizon: ‘He Shoots, He Scores’ On The iPad

Oct 26, 2010 11:50 PM

Deals for exclusive mobile video rights to Verizon Wireless and Bell Mobility made sense for the National Hockey League in 2007. Now they are the reason for the greatest gap in a North American digital strategy aimed at growing audience as well as dollars. The NHL hopes to bridge that…

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Posted In: Entertainment, Sports, Mobile, Companies, Apple, iPad, iPhone, Google, Android, Nokia, RIM, BlackBerry, Verizon, Countries, Europe, Finland, john collins, neulion, nhl, perry cooper

Nokia Hits 2.3 Million Downloads A Day On Ovi Store

Oct 1, 2010 11:27 AM

The day after Nokia started shipping its flagship N8 smartphone, it released a furry of statistics to make the point that it was making progress in building out its Ovi Store and distributing applications. It said 200,000 people sign up daily for the Ovi Store; downloads have increased to 2.3…

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Posted In: Apps, Entertainment, Games, Music, Companies, Electronic Arts, IndiaGames, Nokia, Countries, Asia, China, India, Europe, Finland

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