Nokia Q2 profit falls 32% on weak demand for telecom gear Nokia has today reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales … Business • 28 mins
Nokia taps AI boom with $2.3 billion Infinera deal Nokia's bid to buy US optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the … Business • 28 Jun
Nokia CEO makes world's first 'immersive' phone call Nokia CEO Pekka Lundmark has made a phone call using a new technology called "immersive audio and video" that improves the quality of a call … Business • 10 Jun
Nokia's quarterly profit lower than expected Finnish telecom gear maker Nokia has today reported a smaller-than-expected rise in quarterly profit as sales tumbled because operators bought less 5G technology, but said … Business • 18 Apr
Nokia's fourth quarter profit beats expectations Nokia's fourth-quarter operating profit beat expectations today despite weak sales of 5G equipment as the Finnish telecom gear maker kept a tight lid on costs, … Business • 25 Jan
Nokia lowers profit margin target, wins Germany deal Finnish telecom equipment maker Nokia said today it had revised down its comparable operating margin target to at least 13% by 2026 from at least … Business • 12 Dec 23
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 23
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 23
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 23
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 23
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 23
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 23
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 23
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
