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Nokia launches mobile streaming music

A Nokia store in Finland. Image via AFP.

NEW YORK — Nokia said Tuesday it was launching a free music streaming service for US customers with its Lumia handsets, without ads, as the Finnish firm seeks to gain traction in the smartphone market. The announcement came a day ahead of a news event with Nokia and US giant…

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Nokia to unveil Windows 8 smartphone in Sept: report

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HELSINKI — Finnish telecom giant Nokia and Microsoft plan to unveil a smartphone equipped with the US software giant’s Windows 8 operating system in New York on September 5, a report said Wednesday. The Helsingin Sanomat daily did not cite any sources but said the beleaguered Nokia could also unveil…

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Samsung and Apple snag most smartphone profits

Samsung and Apple have captured more than half the global market for smartphones and over 90 percent of its profits, a research firm said Friday. ABI Research said global smartphone shipments grew 41 percent year-over-year to 144.6 million in the first quarter of 2012. Samsung and Apple accounted for 55 percent of smartphone shipments and more than 90 percent of the market's profits, the report said. ABI said Samsung delivered 43 million units in the quarter, to 35 million for Apple. Nokia was third with 11.9 million and BlackBerry maker Research in Motion just behind with 11.1 million. Of the top 10 smartphone makers, only Samsung and Sony saw sequential growth from the fourth quarter, which is traditionally strong, the report said. "Nokia witnessed a 40 percent sequential decline in shipments and may soon be passed by ailing RIM in shipments despite the BlackBerry maker's 20 percent sequential drop. Nokia recently began working with Microsoft on a Windows-based smartphone, dropping its own powered by Symbian. "At this point in the year, Nokia will have to grow its Windows Phone business 5,000 percent in 2012 just to offset its declines in Symbian shipments," says Michael Morgan, an ABI analyst. The report said major markets like North America and Western Europe are nearing or passing the mark of 50 percent penetration for smartphones, meaning much of the growth will come from emerging markets like China, "which continues to show strong shipment growth of over 80," ABI said. A report last month by Gartner said 419.1 million mobile phones were bought worldwide during the quarter in a two percent decline from the same period a year earlier. It was the first quarterly decline since early in 2009.

Samsung and Apple have captured more than half the global market for smartphones and over 90 percent of its profits, a research firm said Friday. ABI Research said global smartphone shipments grew 41 percent year-over-year to 144.6 million in the first quarter of 2012. Samsung and Apple accounted for 55…

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Nokia to cut up to 10,000 jobs globally by end of 2013

Nokia Lumia via AFP

Finland’s Nokia, one of the world’s biggest mobile phone makers, on Thursday cut its outlook and said it planned 10,000 job cuts by the end of 2013 amid massive additional cost-saving measures. “These planned reductions are a difficult consequence of the intended actions we believe we must take to ensure…

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Nokia eyes China in smartphone comeback push

Nokia executive Mary McDowell. Image via AFP.

Mobile phone giant Nokia on Monday looked to a launch in China to help it stage a comeback in the fiercely competitive smartphonemarket after a dismal 2011. On the opening day of Mobile World Congress, where tens of thousands of executives from the industry have gathered, the phone maker said it would push its…

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Nokia to unveil cheaper Windows smartphone

A Nokia store in Finland. Image via AFP.

HELSINKI (Reuters) - Nokia will next week unveil a new, cheaper smartphone using Microsoft’sWindows Phone software, targeting a wider market for its new range of smartphones, two sources close to the company said. Cheaper phones are the key for Nokia and Microsoft in their battle to win a larger share of the market, analysts…

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Nokia cuts 4,000 jobs in fight for smartphone market

A Nokia store in Finland. Image via AFP.

World-leading mobile phone maker Nokia will cut 4,000 jobs at itssmartphone manufacturing facilities in Finland, Hungary and Mexico by the end of 2012, it said on Wednesday. “The expected headcount impact by country is 2,300 in Komarom (Hungary), 700 in Reynosa (Mexico) and 1,000 in Salo (Finland),” company spokesman James Etheridge told AFP. The job cuts…

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Nokia declares war in U.S. smartphone market

Stephen Elop, CEO of Nokia Corporation. Image via AFP.

Nokia has declared war in the US smartphone market, with a Microsoft-powered handset tailored to take on Apple iPhones and Google-backed Android devices. Microsoft chief executive Steven Ballmer joined Nokia boss Stephen Elop on Monday to unveil the new Lumia 900 smartphone, which will run on Windows mobile software and…

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Nokia declares war in U.S. smartphone market

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LAS VEGAS — Nokia declared war in the US smartphone market with a Microsoft-powered handset tailored to take on Apple iPhones and Google-backed Android devices. Microsoft chief executive Steven Ballmer joined Nokia boss Stephen Elop to reveal the Finland-based mobile phone titan’s plans to hit the US market in coming…

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