Nokia signs &#36;2.5B in deals with China
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Nokia Corp. announced deals worth more than 2 billion euros ($2.5 billion) with Chinese customers on Tuesday, sending the company's shares up 3 percent.
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Finland's Nokia (NOK1V.HE) said on  Wednesday it had won an order from Taiwan Mobile Co. (3045.TW)  to expand its WCDMA 3G mobile telecoms network.
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China signed contracts Monday worth nearly &#36;2.1 billion to buy 23 Airbus jetliners and other German industrial goods.
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European telecom makers Nokia Corp. and Siemens AG have agreed to combine their telephone equipment units in a deal valued at roughly 25 billion euros (&#36;31.6 billion), according to a newspaper report.
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The $205 acquisition nets Nokia a software suite for managing mobile phone subscriptons.
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This will simplify the process of discovery, trial and purchase of mobile applications, content and services for the consumer. HELSINKI: The world&#39;s largest mobile phone maker Nokia, has launched an initiative
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Nokia has signed a contract with the Libyan post office for a nationwide mobile network and equipment, in a deal valued at euro120 million (US$146 million), the Finnish company said Monday.
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Nokia (NOK1V.HE), the world's top  cellphone maker, said on Tuesday it plans to close its plant in  Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as  it moves production to lower-cost regions.
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The Finnish group Nokia was the world's leading provider of mobile telephones in the third quarter, capturing 35.1 percent of the market after 32.5 percent in the same period last year, a study by the Gartner institute has revealed.
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Nokia  is seeing small local  rivals entering the Chinese market, filling a gap left by  Motorola , the Finnish firm's regional head said in  comments published on Thursday.
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Nokia Siemens Networks said Monday it will provide a digital network for Zain, a mobile phone operator in Saudi Arabia, in a deal valued at about $935 million.The contract includes operations, support systems, maintenance and services over five years for the network which will use 2G and 3G (second and third generation) technologies.Nokia Siemens Networks is the sole supplier of Zain Saudi's core network, the Finnish-German company said.'This deal is one of the most important in Nokia Siemens Networks' history, and also very strategic for our growth in Africa as Zain is present in more than 14 countries in the region,' said Walid Moneimne, head of the company's Middle East and African operations. Read more
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Nokia is blowing away its competition in the mobile handset market in large part due to its aggressive moves to address developing markets, like China, India and Africa.
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Global cellphone sales rose to record levels in the second quarter as Nokia clawed back some of its lost market share, according to figures released Thursday.
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TechWeb - Nokia also introduced a smartphone, camera phone, and low-end phone including an FM radio.
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Nokia , the world's top cellphone maker, said on Tuesday it plans to close its plant in Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as it moves production to lower-cost regions.
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Nokia, the mobile phone company, is standing by its decision to close its factory in Bochum, western Germany. About 2,300 employees are affected along with, according to trade union estimates, up to 2,000 jobs at suppliers and subcontractors. The Finnish company's decision has provoked indignation. The reasons for the public outrage are obvious: Nokia earns EU90,000 a year from each production worker - operating profit at Bochum runs at an annual EU134m. Nevertheless, production will now be shifted to Romania.
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InfoWorld - A pair of Taiwanese companies signed a technology agreement to develop 3G (third generation telecommunications) and 3.5G smartphones around the Windows Mobile OS, adding to the growing pool of companies developing mobile phones around the Microsoft software.