Nokia, Electronics | featured news

Soaring sales of smartphones lifted Samsung Electronics's profit to a record and apparently pushed the South Korean company past Nokia as the world's biggest cellphone seller—and perhaps past Apple as No. 1 in smartphones.

Contract handset maker Foxconn International its loss in this year's first half to widen significantly from a year earlier as demand from major customers like Nokia weakened further in the period.

Standard & Poor's has cut its credit rating on Finnish cellphone maker Nokia to junk on expectations of lower sales, following a similar move by Fitch Ratings earlier this week.

Nokia says that a bug is causing its latest smartphone to occasionally lose its data connection and is offering customers $100 (£63) in call credits. The Finnish manufacturer said a fix for the Lumia 900's "memory management issue" would be issued on 16 April.

Thought that Symbian was dead? Think again: at the Mobile World Congress in Barcelona, Nokia has just announced the 808 Pureview, a flagship Symbian device with a 41-megapixel camera.

Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 — nearly 23 percent of its work force — as it strives to cut costs by €1 billion ($1.35 billion). The mobile infrastructure company said Wednesday the measures are part of “an extensive global restructuring program,” which includes streamlining the organization to improve long-term competitiveness and profitability.

Oops! Nokia will launch a Windows 8-based tablet in June 2012, according to Paul Amsellen, the company’s general manager in France. He disclosed the tidbit in an interview with Les Echos; The Verge picked up on the news.

Apple and Samsung overtook longtime leader Nokia for the top two spots in the global smartphone market, highlighting the Finnish company's struggles even as it sets up a battle between the U.S. and South Korean rivals.

Nokia’s new all-screen N9 phone, the product of its ill-fated collaboration with Intel on the open sourced Meego operating system, is here.

Nokia Oyj won an almost two-year patent dispute with Apple Inc., in a settlement that awards a one-time payment and royalties to the Finnish handset maker. Nokia rose as much as 4.1 percent in Helsinki trading. The agreement will bolster the Devices & Services unit’s second- quarter profitability, Espoo, Finland-based Nokia said in a statement today. The details of the contract, under which Apple will pay an undisclosed sum and royalties for the term of the agreement, are confidential, Nokia said.