It seems phone makers like Google, Nokia and LG don’t want Qualcomm’s expensive Snapdragon 865

The big picture: Qualcomm has chosen to bundle all sales of its high-end Snapdragon 865 system-on-a-chip with the X55 5G modem, which is reportedly pushing phone manufacturers away from the tradition of using the latest and greatest mobile platform in their new phones. Makers are instead favoring an approach that Continue Reading

HMD Global announces a plethora of budget and mid-range Nokia phones

In brief: HMD Global is releasing several budget and mid-ranged phones. They range from the 5G-enabled Nokia 8.3 with a camera system that could rival other flagships to the humble Nokia 5310, another blast from the past meant to stoke nostalgia. HMD Global, the company that’s been responsible for Nokia’s Continue Reading

Nokia draws €500 million R&D loan for 5G – Benchmarking Change – Networking- Tempemail

Finnish telecoms equipment maker Nokia drew a €500 million euro (A$871 million) loan last month to help it to accelerate development of 5G technology, its annual report shows. Nokia said that its R&D loan facility with the European Investment Bank (EIB), which has an average maturity of about five years Continue Reading

Nokia replaces CEO with Fortum boss Lundmark to revive 5G business – Hardware – Software – Telco/ISP- Tempemail

Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company’s efforts to revive its faltering 5G business. Lundmark, who will succeed Rajeev Suri as Nokia chief executive in September, will team up with Sari Baldauf, the incoming chairman, in a move that reunites Continue Reading

From paper mills to 5G: The many lives of Nokia – Hardware – Telco/ISP- Tempemail

Pekka Lundmark will take over as Nokia chief executive in September to lead the former handset giant in its battle for the fast-growing 5G networks business. Here are the highlights of the Finnish group’s business transformations: 1860s: Mining engineer Fredrik Idestam establishes a paper mill in Tampere, Finland, in 1865 Continue Reading

Nokia shares rise on report of possible mergers, assets sales – Finance – Telco/ISP- Tempemail

Shares in Nokia Oyj rose in a falling market on Thursday, after Bloomberg News reported that the Finnish telecom network equipment maker was considering asset sales and mergers. JPMorgan analysts wrote in the wake of the report: “If exploring strategic options, only viable ones are a sale to an unrelated Continue Reading

US urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei – Security – Telco/ISP- Tempemail

EU countries have no reason to use 5G mobile technology from Huawei because Sweden’s Ericsson, Finland’s Nokia and South Korea’s Samsung are on par with the Chinese group in the field, a senior US diplomat said. Robert Strayer, deputy assistant secretary for cyber, international communications and information policy at the Continue Reading