Nokia to Shutter Vertu Business in Japan
Reuters today reports that Nokia plans to fully end its presence in the Japanese market by the end of August. Nokia had already ceased selling its line of S40 and Symbian handsets there, but left its high-end Vertu business intact. Citing difficulty in selling the expensive Vertu phones in a market crowded with more capable smartphones, Nokia will cease offering Vertu services when its current contract with NTT DoCoMo ends next month. Its offices will remain open through the end of 2011, and it will then close up shop completely.
Hands On with the LG Fx0 See-Through Firefox Phone
The first high-end phone with the Firefox OS recently went on sale in Japan, and it's a thoroughly unique phone. Most obviously, it sports a gold-tinted case that's completely transparent.
Vertu to Close Up Shop
Vertu is through. The company plans to shutter its doors and jettison some 200 employees, according to the Financial Times.
Nokia Gains Control of Alcatel-Lucent
Nokia today said it has officially taken the reigns of Alcatel-Lucent after its public exchange offer for Alcatel-Lucent was accepted by the French stock market authority. Nokia expects to merge the two companies in order to form a telecommunications powerhouse to compete against Ericsson, ZTE, and others.
Nokia Networks to Buy Panasonic's Base Station Biz
Nokia Networks today announced that it has agreed to purchase select portions of Panasonic's wireless business. Specifically, the company will buy Panasonic's mobile phone wireless base station and related wireless equipment system businesses.