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Nokia warns of losses in face of “competitive industry dynamics”

Nokia's flagship Lumia smartphone

Finnish handset vendor Nokia has announced that is expecting to report a loss for the first two quarters of 2012. In a statement released Wednesday the firm blamed “competitive industry dynamics” for damaging net sales for its Mobile Phones and Smart Devices business units, particularly in the Middle East and Africa, India and China.

MWC: Nokia launches new range of devices

MWC_Nokia_Lumia610

Nokia has announced today two new smartphones powered by Microsoft Windows Phone 7 (WP7), the Lumia 610 and an LTE-less variant of Lumia 900 targeting Non-US market. With the introduction of these new smartphones, Nokia aims to broaden its WP7 portfolio beyond the main-stream smartphone market.

Gartner: smartphone sales up 58 per cent in 2011

iPhone4s

Gartner has published its mobile device numbers for the final quarter of 2011, reporting that 1.8 billion units were sold to end users across the year, up 11.1 per cent on 2010. Smartphones accounted for 31 per cent of all device sales with 472 million units sold, up 58 per cent year on year.

Buyer’s Market

peter-becker

As the global director for terminals marketing at the Vodafone Group, Peter Becker-Pennrich holds decision making powers over a procurement strategy that deals in serious volumes. Vodafone buys between 60 and 70 million handsets each year, spending $8bn across it’s footprint, including affiliates and partner markets. In this exclusive interview Becker-Pennrich offers frank assessments of the different strategies adopted by the vendor community, their chances for success and the nature of the relationship – ever evolving – between operators, vendors and platform developers.

Nokia smartphones “too expensive” says Telefónica handset chief

Nokia's Lumia is too expensive at €420, according to Simon Lee-Smith

Nokia’s high end smartphones are “too expensive” according to the European general manager for devices at international carrier Telefónica. Simon Lee-Smith told Telecoms.com that Nokia’s premium devices are “not yet at the right price point,” adding: “If Nokia wants to sell in volume, they need to bring out devices which are cost-competitive.”

HTC spreads bets with WP7 Mango handsets

The Titan is HTC's flagship WP7 Mango handset

Taiwanese handset vendor HTC has previewed two Windows Phone 7 smartphones to consumers across Europe, ahead of the products’ commercial release in October. The Titan and Radar handsets are the first from HTC to run the latest version of WP7, dubbed Mango.

Nokia set to withdraw completely from Japanese handset market

Nokia is reported to be ready to close its Vertu luxury mobile phone outlets in Japan

Nokia’s gradual withdrawal from the Japanese market looks set to continue, with rumours that the vendor is set to withdraw its Vertu range of “luxury” handsets and services due, apparently, to the brand’s inability to compete with smartphones.

No sign of an NSN buyer

NSN is reported to be unable to find a buyer for controlling stake in its JV

Nokia Siemens Networks’ search for a willing buyer for a stake in the ailing JV appears to have staggered to a halt, with reports emerging that Nokia and Siemens have agreed to rather invest more of their own cash in an effort to revive the partnership’s fortunes. Reports in the Wall Street Journal suggest that plans to sell a controlling stake in the venture to a consortium including private equity investors were about to fall through, with Reuters quoting telecoms analyst Earl Lum as saying that “Any potential investor would need to see some light at the end of the tunnel with regard to profitability for NSN.”

Microsoft opposes Google bid for Nortel patents

Microsoft has joined the queue of tech firms opposed to Google's acquisition of Nortel's patent portfolio

Microsoft has joined HP, Motorola Mobility and Nokia in a growing line of tech companies opposed to Google’s proposed $900m purchase of Nortel’s patent assets. According to Redmond, a 2006 deal means that Microsoft has a “worldwide, perpetual, royalty-free licence to all of Nortel’s patents” and that this agreement is binding regardless of who buys the intellectual property.

Nokia takes a bite out of Apple

Apple has agreed to pay Nokia licensing fees for its technologies

Nokia has announced the settlement of a long-running patent spat with Apple. Under the terms of the agreement, Apple will pay an undisclosed lump sum as well as ongoing royalty payments for its use of patents Nokia claims belong to it. Both parties have agreed to withdraw their respective complaints to the US International Trade Commission (ITC).