Nokia will close its battered gaming service N-Gage next year, acknowledging failure in its first major services offering. The handset maker’s mobile gaming push has encountered major challenges over the years, with consumers first shunning its dedicated gaming phones. The online gaming service, opened last year, never moved beyond a niche audience. Nokia [...]
Posts Tagged ‘Nokia’
20 Jun
Nortel announced to liquidate itself. Selling Wireless business to Nokia.
Once the biggest maker of telecom equipment and Canada’s most valuable company, Nortel said it was in advanced stages of discussions with other parties to sell its other businesses. Toronto-headquartered Nortel, which is under bankruptcy protection in both the US and Canada, has announced that it will liquidate itself. In a statement, the 127-year-old Canadian [...]
28 Apr
Layoffs news again. Nokia is cutting 450 more jobs.
Nokia, the world’s biggest mobile phone maker, said on Tuesday it would reduce investment in creating new services, helping it to cut further 450 jobs. Nokia, which made its first ever quarterly pretax loss in January-March, is cutting annual costs at its key handset unit alone by more than 700 million euros ($911 million) to [...]
22 Apr
Wipro in shopping spree. Nokia to sold its enterprise mobile TV unit to Wipro Technologies.
Nokia has sold its enterprise mobile TV unit to Wipro Technologies. Wipro also confirmed that it has purchased Nokia Mobile TV Broadcast Solution, offering enterprise mobile TV solutions. However, the tech major has declined to put a value to the deal. The unit has around 40 employees, who have been developing software and hardware to [...]
18 Mar
Nokia to layoff 1,700 employees globally. Indian operation is not impacting much.
The world’s largest mobile phone maker Nokia will be trimming its workforce by 1,700 employees worldwide, as part of the company’s cost cutting efforts. As per officials, this layoffs will not affect Indian operation much. The firm in a statement today said actions would be taken at its devices and markets units as well as [...]
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