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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.
Trump Mobile T1 Phone Changes Again – Executives Unveil New Model
Trump Mobile made headlines last year when it announced its own Android phone. However, the device remained largely a mystery after the crash, and its fate was repeatedly questioned. Now, the matter has been further clarified, as Trump Mobile has confirmed that the phone is still on the way.
Nokia CEO welcomes EU Huawei ban
A world map drawn for Nokia’s Capital Markets Day in November showed each country in a different shade of green, pink or grey. Green represented the Finnish supplier’s most productive territory, which was locked out by Chinese rivals Huawei and ZTE. After recent political developments, Nokia is optimistic that Europe’s pink splash will soon turn green.
Nokia’s China sales plunge
Ericsson and Nokia’s revenue in the region fell sharply last year as geopolitics continued to encroach. Western visitors to the telecoms sector often return home enthralled by the country’s vast 5G infrastructure. A series of base stations have sprung up in major cities, leaving no escape from the 5G signal.
More Phone Makers Could Be Leaving Europe This Year
The price of memory chips has started to rise dramatically, and it’s now having a very tangible impact on the smartphone market, especially in Europe. According to a recent analysis by Counterpoint Research, phone makers’ bills of materials (BOM) have increased by up to 30 percent since the first quarter of 2025, and there’s no sign of relief. Costs are expected to rise another 15 percent over the next two quarters.
Nokia Corporation Financial Report for Q4 2025 and full year 2025
This is a summary of the Nokia Corporation Financial Report for Q4 and full year 2025 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.
Federal Court hears FRAND appeal in VoiceAge v. HMD case - HMD statement on German Federal Court press release 021/2026
The German Federal Court is closely examining the new FRAND approach of the Higher Regional Court in Munich. The Supreme Court’s decision in VoiceAge v. HMD has far-reaching consequences for European FRAND law. The EU Commission has intervened in the proceedings again.