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Nokia to cut 1,600 jobs in China - Unit to be closed will develop radio technology
Network technology company Nokia is closing its research and development unit in Hangzhou, China, and cutting about 1,600 jobs. Nokia, a maker of network equipment, is closing its research and development unit in Hangzhou, China, sources familiar with the matter told Helsingin Sanomat.
New Face at Nokia - Florian Roth is Nokia's New CIO
A new face at Nokia as Florian Roth becomes Nokia's new CIO, having graduated in Enterprise Performance Management and Business Intelligence and Analytics from Ludwigshafen University of Business and Social Sciences in Germany.
Finnish HMD surprised and openly talked about its plans – It hinted at a summer launch for the smartphone market and confirmed that the Skyline 2 is in the works
Finnish company HMD Global has unexpectedly become active on the social network Reddit and has also revealed its future plans in the discussions. HMD Global has been known as the manufacturer of Nokia phones since 2016. Since then, due to changes in the licensing agreement, HMD has focused on its own brand of smartphones...
Nokia boosts 6G and defense networking product development in Finland with €40 million in funding from Business Finland
Business Finland has provided Nokia with €40 million for two research and development projects. The projects support Nokia’s over €100 million investment in Finland in the development of 6G technology, networking and sensor solutions for the defense sector.
HMD Secure, Qualcomm and Streamwide Bring Non-Mobile Communications to Authorities and Critical Infrastructure Operators with NR Sidelink Technology
HMD Secure, Qualcomm and Streamwide have announced a collaboration to bring device-to-device communications based on 3GPP NR sidelink technology to authorities and critical infrastructure operators in situations where regular network connectivity is not available.
Indian Smartphone Market Shrank 4.1% in Q1 2026
The first quarter of the year was not entirely productive for the Indian smartphone industry. According to the IDC Worldwide Quarterly Mobile Phone Tracker, India's smartphone market shipments declined 4.1% year-on-year to 31 million units in Q1 2026. Despite the declining volume, the market grew by 5.8% in value terms.
HMD Global to set up next manufacturing hub in Egypt
HMD Global has been quietly strengthening its manufacturing footprint, this time in Egypt. Alongside the Finnish President’s official visit to Egypt, Minister of Communications and Information Technology Eng. Raafat Hindi held a high-level meeting with Jean-François Baril, Co-founder and CEO of HMD Global, to discuss the company’s plans to expand mobile phone manufacturing in Egypt and increase exports to regional markets.
Brazilian court rules in Panasonic v. HMD PI case
A Brazilian court has granted Panasonic a personal investigator against HMD Global in a dispute over standard-essential patents (SEPs) for advanced audio coding (AAC) technology, confirming the international consensus on FRAND licensing.
Nokia Corporation Interim Report for Q1 2026
This is a summary of the Nokia Corporation Interim Report for Q1 2026 published today. Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group's financial information as well as on Nokia's outlook.
Nokia's restructuring talks concluded - 121 jobs to be cut in Finland
The restructuring talks at network technology company Nokia, which began in early March, ended on Wednesday. The restructuring talks will result in job cuts in Espoo, Oulu and Tampere. CEO Lasse Laurikainen confirmed the information to Kauppalehti.
Timo Ihamuotila is the new Chairman of Nokia’s Board – Sari Baldauf resigns from Nokia’s Board
The position of Chairman of Nokia’s Board has been transferred from Sari Baldauf to Timo Ihamuotila. Network technology company Nokia held its Annual General Meeting today at Finlandia Hall in Helsinki. Following the decisions of the Annual General Meeting and the subsequent Founding Board of Directors, he has become the new Chairman of Nokia’s Board.
HMD partners with Flipkart to launch 2026 smartphone range in India
Using Flipkart’s strong supply chain capabilities and scale, HMD said it aims to make its upcoming devices more accessible and affordable in major cities and tier 2 and 3 markets.
Nokia announces that FMR LLC’s stake has crossed the 5% threshold Author
ESPOO, Finland – FMR LLC’s voting rights in Nokia Corporation (HEL:NOKIA) have exceeded 5%, according to a regulatory filing. The notification, which was received under the Finnish Securities Markets Act, shows that FMR LLC held 5.26% of Nokia’s shares and 5.05% of its voting rights as of March 5. This is an increase from the previous notification, which showed 5.04% of the shares and 4.83% of the voting rights.
European smartphone market grows at the end of 2025
According to the latest data from Counterpoint Research, shipments grew by two percent year-on-year in the last quarter of the year. The growth was driven in particular by Apple, Samsung and Honor, which ended the year better than expected. However, new challenges are already in the background that could quickly turn the tide.
KIANEWS