Ottawa strikes $40M research deal on 5G technology with Huawei rival Nokia
The funding comes as Ottawa is in the middle of a comprehensive national-security review of the potential involvement of Nokia’s Chinese rival, Huawei, in Canada’s eventual fifth generation mobile network.
3 German automakers buy Nokia’s HERE map business
The $3.1B deal is for technology that will be used for driverless cars.
Microsoft to cut 7,800 jobs amid phone business restructuring
Company will write down its entire$7.3 billion purchase of Nokia in Q4, take restructuring charge of up to $850 million.
Microsoft to buy Nokia’s devices and services business
Software giant says it will license patents for about $7.2 billion.
Nokia Siemens Networks, Ballard Power develop fuel cell backup power for mobile networks
System being tested at a DOCOMO R&D Centre test site in Japan’s Yokosuka Research Park.
Nokia downgraded to junk status after job cuts, plant closures
Troubled cell phone maker cut 10,000 jobs and shutters main production plant.
Nokia slashes 10,000 jobs, closes plants
Cell-phone maker looks to cut costs and streamline operations as market share plummets.
Nokia slashes 4,000 jobs
Finnish phone-maker will close plants in Finland, Mexico and Hungary, shifting production to lower-cost operations in Asia.
