NOKIA NEWS ON FASTMOVING

Samsung Electronics Co Ltd’s quarterly operating profit surged 26 percent to a new record, matching estimates and powered by a strong recovery in its memory chip business as smartphone sales growth eases sharply. read more

Paris - Coca-Cola has lost its crown as the world's best brand, a closely watched survey said last month, unseated by the iconic iPhone and iPad maker Apple. read more

Helsinki - Beleaguered Finnish mobile phone maker Nokia will sell its mobile phone unit to the US group Microsoft for 5.44-billion euros ($7.17-billion), it has said. read more

Mobile handset maker Nokia has announced the appointment of Shaun Durandt as general manager for Nokia South Africa.  read more

Standard & Poor’s downgraded Nokia further into junk territory on Friday, warning that the Finnish telecom firm’s plan to take over Siemens AG’s stake in their joint network equipment venture would strain its finances.  read more

Nokia has announced local availability of the Nokia Asha 210 across East Africa, bringing consumers more social experiences at an affordable price. The Nokia Asha 210, available in both single and easy swap dual-Sim variants, features a distinct design, smart imaging and Wifi to help people enjoy more of the internet for less. read more

Finnish mobile phone company Nokia said on Monday it has agreed to buy Siemens AG’s stake in their joint venture Nokia Siemens Networks (NSN) for 1.7 billion euros ($2.2 billion). read more

Microsoft Corp recently talked with Nokia about buying the Finnish phone maker’s devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition.  read more

Taiwanese smartphone maker HTC Corp will struggle to improve its margins this year as it increases marketing spend for its latest model in a bid to catch up to rivals Samsung Electronics Co Ltd and Apple Inc. read more

Nokia’s push to expand sales of its Lumia smartphones in new markets such as China should help shrink an overall revenue decline and reduce its first-quarter loss, easing some of the pressure on CEO Stephen Elop.  read more

A German court ruled in favor of Finnish mobile phone maker Nokia on Tuesday, saying some devices made by Taiwan’s HTC infringed on its power-saving patent. read more

Finnish mobile phone maker Nokia is set to launch cheaper handset models in an attempt to fend off growing competition from Chinese rivals in the low-end market, company sources said on Friday. read more

Mobile phone maker Nokia plans to raise 750 million euros ($980 million) by issuing convertible bonds to bolster its cash position as it battles to claw back market share lost to Apple and Samsung. read more

Telecommunications infra-structure provider Nokia Siemens Networks (NSN), a joint venture between Nokia and Siemens, will slash about 28% of its workforce in SA, as part of NSN’s global strategy of reducing costs and focusing on mobile broadband.  read more

Helsinki - Shares in Nokia Oyj fell over 3 percent on Monday after the company slashed the price of its flagship smartphone, with investors seeing it as a sign of desperation in its battle against Apple Inc and Samsung Electronics Co Ltd.  read more

Salo, Finland - Nokia workers in Salo thought chief executive Stephen Elop signalled that their plant, Europe’s last major mobile phone factory, would survive when he visited in February, but last week he announced its closure anyway. read more

Paris - Loss-making Finnish cellphone maker Nokia plans to cut another 10 000 jobs globally and warned the second-quarter loss from its cellphone business would be larger than expected. read more

Samsung Electronics reported a record $5,2bn profit in the first quarter on Friday, overtaking Nokia as the top cellphone seller, and its Galaxy smartphones outsold Apple’s iPhone at the top of the market.  read more

Moody’s rating agency yesterday downgraded Nokia’s debt grade to near-junk status, citing a sharp decline in first-quarter cellphone sales that led to a 35% fall in revenue. read more

The third quarter will see the arrival of Apple’s iPhone 5, bug on new Nokia smartphone with Windows operating system has dashed hopes for a comeback read more

Nokia has signed a supplier deal to ensure that the tantalum it sources comes from conflict-free sources.  read more

Nokia no longer resembles a man standing on the edge of a burning oil platform with the sea as his only option for survival, according to CEO Stephen Elop. read more

Las Vegas - Samsung Electronics, the world’s biggest technology firm by revenue and the world’s No2 handset maker, is confident of its handset shipments overtaking those of Nokia this year, its CEO said on Monday.  read more