Nokia Siemens Networks' Future Undecided
Nokia Siemens Networks' parent companies, Nokia and Siemens, are mulling plans for the joint venture's life after their current contract expires in 2013. According to sources cited by the Wall Street Journal, they are weighing the possibility of selling a 51% stake in the company to private equity firms. "Our parent companies have stated their commitment to Nokia Siemens Networks, whilst exploring the possibility of private equity taking a stake in the company," a NSN spokesperson said. A Nokia spokesperson said that they are not seeking to sell the entire company. Nokia Siemens Networks has struggled in recent quarters, and is a burden to both parent companies. It has not achieved its primary goal, which was to become a major player in the U.S. market. No final decisions have been made.
Hands On with the Nokia 8
The Nokia 8 is the first flagship phone from the "new Nokia". What separates it from the rest of Nokia's current lineup is the dual-camera system with Zeiss lenses.
Nokia Brings Back the 3310
Nokia today introduced a new version of the old Nokia 3310 phone. It includes a color screen, Snake, and the original Nokia ringtone.
HMD Global Trots Out the Nokia 130, an Entry-Level Feature Phone
HMD Global today announced the Nokia 130, a bar-style handset that runs the Series 30+ platform with basic connectivity apps and a handful of simple games. The handset has a 1.8-inch screen, number pad, 1,020mAh battery, Bluetooth, music player, FM radio, and headphone jack.
Audi, BMW, Daimler to Buy Nokia's HERE Maps
A consortium of three German automotive makers has agreed to purchase HERE Maps from Nokia for about $2.71 billion, according to the Wall Street Journal. Sources familiar with Nokia's plans say Audi, BMW, and Daimler (Mercedes) have fielded a winning bid for the mapping division, which Nokia put up for sale earlier this year.