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
Nokia
Nokia Unveils First 5G Smartphone | Tempemail
HMD Global has officially unveiled Nokia’s first 5G smartphone – the Nokia 8.3 5G – alongside the brand-new Nokia 5.3 and the latest addition to the Originals family, the Nokia 5310. “I am incredibly proud of the innovations we have introduced today that build on our unique commitment to ensuring 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 names new CEO as its 5G future remains uncertain
Why it matters: Nokia’s bid to capitalize on the opportunity presented by the emergence of 5G took another turn on Monday as the company’s board of directors announced that CEO Rajeev Suri will be stepping down later this year. The executive will be replaced by Pekka Lundmark effective September 1, 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
Time is running out for 5G to save Nokia
Bottom line: Nokia is reportedly exploring strategic options ranging from the sale of assets to mergers, sources familiar with the matter told Bloomberg. 5G could be the company’s saving grace but it may be a case of “too little, too late” and at too great a cost. The Finnish telecommunications 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