Nokia has just released a brightly coloured version of the classic 3310 talk and text phone which was the world’s most popular device 17 years ago.
Yup, it looks like we are all waking up in the Year 2000, the only thing different is a slightly bigger screen and a $52 price tag. You can have 22 hours of talk time and up to one month of standby time too.
The 3310 is a retro gambit and Nokia also launched four moderately priced smartphones ranging from 139 to 299 euros.
Nokia Chief Executive Rajeev Suri told a news conference at Mobile World Congress in Barcelona that people loved the brand and claimed it had a lot of affection from millions and millions of people.
Once the world’s dominant phonemaker, Nokia in 2014 sold its by-then ailing handset operations to Microsoft for $7 billion, leaving it with its network equipment business and a large patent portfolio.
Last year, it gave the Nokia brand a fresh start by licensing its devices brand to HMD Global, a new company led by ex-Nokia executives and backed by Chinese electronics giant Foxconn.
Industry analysts say the revived Nokia 3310 has the makings of one of the hit devices of 2017, appealing to older Nokia fans in developed markets looking for an antidote to smartphone overload, while also appealing to younger crowds in emerging markets.
The original 3310 sold 126 million phones, the 12th best-selling phone model in history. Nine of the top 12 selling models were produced by Nokia.
The other three three smartphones are cheap Androids. The Nokia 6 smartphone has a 5.5-inch screen, the Nokia 5 with a 5.2-inch screen and the Nokia 3 with a 5.0-inch screen.
It also offered a limited edition of the Nokia 6 with added features retailing for around 299 euros.
Former maker of Wellingtons, Nokia wants to buy company Comptel for $370 million as part of a cunning plan to expand its software services business.
Nokia and its rival, Ericsson and Huawei have been suffering as 4G mobile broadband equipment demand has peaked and the move to the next-generation 5G networks are still years away.
Nokia said its customers were now turning to software to make their networks more intelligent.
“The planned acquisition is part of Nokia’s strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities with additional sales capacity and a strategic partner network,” Nokia said in a statement.
Comptel had sales of about 100 million euros in 2016, said its board of directors, and shareholders so far had backed the offer.
Last year, Nokia bought Franco-American group Alcatel-Lucent in a 15.6 billion-euro all-share deal and is cutting thousands of jobs as it seeks to reduce annual costs by $1.3 billion by 2018.
Former rubber boot maker Nokia has reported a better-than-expected quarterly profit thanks mostly to the fact it bought Alcatel-Lucent and slashed its costs.
Nokia and its rivals, Ericsson and Huawei, are not having a good time as telecom operators’ demand for faster 4G mobile broadband equipment has peaked, and upgrades to next-generation 5G equipment are still years away.
Fourth-quarter group earnings before interest and taxes fell 27 percent from a year ago to $1.01 billion, but about 25 percent better than the cocaine nose jobs of Wall Street predicted.
The networks unit’s sales in the quarter fell 14 percent, more than expected, but its operating margin came in at 14.1 percent, ahead of a market forecast of 11.7 percent.
Nokia said that while networks sales were set to decline further this year, profitability could improve from a 2016 margin of 8.9 percent.
Chief Executive Rajeev Suri said in a statement that he was disappointed with Nokia’s topline development in 2016, he expected its performance to improve in 2017. He saw potential for margin expansion in 2017 and beyond, as market conditions improve and sales transformation programmes gain traction.
Still in the current market, Nokia’s results are strong. Nokia bought Alcatel-Lucent last year in response to industry changes and is currently axing thousands of jobs as it seeks to cut 1.2 billion euro of annual costs by 2018.
Nokia was caught out by the rise of smartphones and ended up selling its handset business to Microsoft in 2014, leaving it with the networks business and a portfolio of technology patents.
Former rubber boot maker Nokia is back in the smartphone game and launched a mid-range smartphone for the Chinese market.
The Nokia 6 is an Android smartphone and is being made by HMD which owns the rights to use Nokia’s brand on mobile phones.
The Nokia 6, which runs the newest version of Google’s mobile operating system, Android Nougat, sports a 5.5-inch full HD (1920×1080 pixels) display. With metal on the sides and a rounded rectangular fingerprint scanner housed on the front, the Nokia 6 seems reminiscent of the Samsung Galaxy S7.
It is powered by a mid-range Qualcomm Snapdragon 430 processor and will compete with the likes of Samsung’s Galaxy A series models and other mid-end smartphones. The smartphone is manufactured by Foxconn.
On the face of it there is not much to see there, but really there is not much to see in many mid-range smartphones anywhere. It does have dual amplifiers which it claims can deliver a louder sound but the innovation seems to stop there.
The Nokia 6 will exclusively sell in China through ecommerce giant JD.com for $250. HMD says it will launch more products in the first half of this year.
“China is the largest and most competitive smartphone market in the world,” the company said in a press note, justifying why its long-anticipated smartphone is limited to the Chinese market. “Our ambition is to deliver a premium product, which meets consumer needs at every price point, in every market.”
The idea is to get its brand into China where it can be noticed. The price point of Nokia 6 is very close to the average selling price offered by the top three Chinese players. The mid-end smartphone market is growing 12 percent year-on-year.
It appears that hell hath no fury like an Apple exec with his knickers in a twist. The fruity cargo-cult has announced that it is pulling Nokia goods from its cathedrals of pointless consumerism, until Nokia accepts that it can use its technology without paying anything.
For those who came in late, Nokia sued Apple after the outfit decided not to pay out for 32 licences on its tech in Europe and the U.S. courts. The Patents that Nokia claims Apple infringed, cover technologies such as display, user interface, software, antenna, chipsets and video coding.
Nokia said Apple agreed to license a few of Nokia Technologies’ patents in 2011, but has declined offers by Nokia since then to license other patents whose inventions have been used in Apple mobile devices, including the iPhone and iPad, and the Mac.
Now Apple is fighting back by refusing to sell Nokia’s Withings products. Nokia bought Withings, which makes Wi-Fi scales and other digital health and fitness gear.
A Google search finds a listing on Apple’s web store for both a bathroom scale and smart thermometer made by Withings, but clicking on the link leads to an error message on Apple’s site.
This week has seen the former maker of rubber boots Nokia sending patent lawsuits daily to the fruity tax-dodging cargo-cult Apple.
Nokia said yesterday it had filed a new set of patent lawsuits against Apple in Asia, Europe and the United States.
This follows the announcement on Wednesday it was suing Apple, accusing the iPhone maker of violating 32 technology patents. All up this means that Apple is facing 40 patents suits in 11 countries.
The Tame Apple Press has warned Nokia that a battle with Apple could hold up royalty payments that are vital to shoring up the Finnish company’s profits, but Nokia pointed out yesterday that Apple had stopped paying anyway.
HMD Global, the Finnish outfit that owns the rights to use the Nokia brand on mobile phones, has released two basic handsets without internet access priced at $26 before local taxes and subsidies.
The Nokia 150 and Nokia 150 Dual SIM could go on sale in selected markets early next year.
The outfit, which is led by former Nokia refugees who took over the Nokia basic phone business from Microsoft and has struck a licensing deal with Nokia Oyj to bring the brand back from the dead.
The basic phone business makes most of its sales in India, elsewhere in Asia and eastern Europe. The business model will be based on making phones for the poorer countries and burners. This will provide a base for more expensive Nokia smartphones.
The company is staffed by many employees who were let go when Microsoft’s love affair with mobile phones ended up in an expensive divorce. HMD Global is based in Finland, which is Nokia’s old stomping ground.
Up North networking outfits’s Nokia and Ericsson have been battling it out for an ever-shrinking market but it looks like Nokia is the clear winner.
Finland’s Nokia reported falling quarterly sales and profits for its network gear business, but outperformed rival Ericsson in a weak market. The improvement was thanks to cost cuts after its recent acquisition of Alcatel-Lucent.
Nokia said total third-quarter operating profit decreased 18 percent from a year ago to $606 million, but was buoyed by a one-off patent licensing payment.
Group sales dropped seven percent from a year ago to $6.49 billion, including network equipment sales falling 12 percent to $5.8 billion which was pretty much what everyone was expecting.
In the third quarter, the networks unit’s operating margin was 8.1 percent, compared with a market view of 7.6 percent.
Sweden’s Ericsson, which replaced its chief executive this week, spooked investors earlier this month when its quarterly profit plunged more than 90 percent.
“The trend of declining sales is similar for both companies, but Nokia has been better prepared for slowing demand by continuously improving its efficiency,” Rautanen said.
Nokia projected global network equipment demand was set to fall for the rest of 2016, but for declines in sales to taper in 2017.
Chief Executive Rajeev Suri said he expected market conditions to stabilise next year,
Nokia is cutting thousands of jobs worldwide following the merger as it seeks savings targets of $1.3 billion in 2018.
The company also on Thursday said its chief financial officer Timo Ihamuotila, who had helped the company to restructure from a troubled mobile handset maker into a network equipment company, would resign to join Swiss engineering group ABB.
Fruity tax-dodger Apple has lost a patent law suit to MobileMedia Ideas and not in an East Texas Court for once.
Apple apparently infringed MobileMedia’s patent RE39,231, which relates to ring-silencing features on mobile phones and the court ruled that Jobs’ Mob will have to write a cheque for $3 million.
The Tame Apple press has waded into MobileMedia on two fronts for daring to take Apple to court. Firstly, it called it patent troll when it really isn’t. It is a patent pool majority-owned by MPEG-LA, a that licenses common digital video technologies like H-264, MPEG-2, and MPEG-4.
Secondly, the Tame Apple Press claimed that it was a “proxy war” being waged by Sony and Nokia, which both contributed the patents owned by the company.
The case took years and was initially for three patents, and the ring-silencing was the last one remaining. It is likely that Apple will not take this lying down either and will appeal to the Federal Circuit.
Apple’s defence was that when Sony had direct control of the patent it failed to mention it to Apple, however when it moved the patents to the pool suddenly it was sued. We know, it is hardly a defence – it just means that after farming out its patents to MobileMedia their enforcement became more efficient.
The outfit which is the proud owner of the Nokia brand has hired the bloke who created the the Angry Birds franchise to give it some street cred.
Nokia signed an agreement that essentially licensed its brand to HMD Global Oy, a newly founded Finnish company that planned to create phones which would be manufactured and distributed by Foxconn.
Now HMD has hired Pekka Rantala, the one-time CEO of Angry Birds creator Rovio, who stepped down in 2015 after tough time with the mobile gaming company. He actually did a lengthy stint at Nokia from 1994 to 2011 and knows his onions. Apparently he will be signing up as the Chief Marketing Officer for the company.
HMD is currently run by Nokia vet Arto Nummela who has not said how he will save the mobile company. The Nokia deal provides the company with naming and patent rights, in exchange for royalty payments. Nokia is providing some oversight via a position on the company’s board, though it’s not investing directly in HMD, as per the deal.