Nokia has acquired a stake in Panasonic’s network business to increase its presence in Japan. Nokia said it will buy Panasonic’s mobile phone wireless base station system business for operators and the wireless equipment system business. The terms of the deal were undisclosed and it is expected to close in early 2015.
Nokia Corporation Posts
At Mobile World Congress in February 2014, Nokia announced its first Android phone called the Nokia X. Now Nokia has launched a new entry-level Android device called the Nokia X2. The Nokia X2 has dual-SIM support and a price of $135 (€99) without a contract.
Before Microsoft acquired Nokia, the Finnish mobile company was experimenting with Android. Now the division of Nokia that Microsoft did not buy has released a new entry-level Android device called the Nokia X. Nokia’s spun off technologies group is now its own startup.
Nokia apparently paid millions of dollars to hackers six years ago after being threatened. Police are investigating the case of the alleged blackmail and said that the case is still open, according to Reuters.
Continue reading →
Nokia has started to sell the Lumia 1320 in the U.S. through Cricket Wireless. The actual sales of the device will start on June 13th. This makes Cricket the only U.S. operator to sell the 6-inch Windows Phone. The 1320 is going for sale on Friday for $230 after a $50 mail-in rebate. The main camera sensor on the phone is 5-megapixels. It has 21 hours of maximum talk time on 3G, and a dual-core 1.7GHz Qualcomm Snapdragon S4 processor.
Former Nokia CEO and Microsoft Executive Vice President Stephen Elop will receive a compensation package for leaving the company, according to a new report. After Microsoft announced plans last year to acquire Nokia’s handset business for $7.2 billion, Elop was criticized by shareholders who were concerned that he would make $26 million in severance pay in the transaction.
Continue reading →
An off-duty police officer decided to put his Nokia Lumia 520 in his back pocket and this might have saved him from serious injury. Brazilian newspaper Globo.com and off-duty Sao Paulo policeman was visiting his family. At that time, they were being held hostage and robbed by armed criminals. Once they saw the police officer, they shot at him. One bullet missed and another one hit him in the buttocks. Fortunately, the Nokia Lumia 520 in his pocket absorbed most of the damage, which left him unscathed. The police officer was not injured, but the robbers ended up getting away with stolen cellphones, watches, jewelry, and money.
Nokia has named Rajeev Suri as the new CEO of the company. Suri has been head of Nokia Solutions and Networks (NSN) since October 2009. NSN is going to become Nokia’s primary business after selling its mobile phone unit to Microsoft for over $7 billion. Nokia’s former CEO Stephen Elop became an executive vice president of the Microsoft devices group.