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FIH continues to distribute Nokia telephones
FIH Mobile Limited, the main partner of HMD Global and now the manufacturer of Finnish Nokia-branded phones, has issued an interim financial report for 2022. This is a very nice read that explains all the major issues peppered with HMD experiences. Earlier, FIH stopped production of loss-making Nokia-branded smartphones in 2019, forcing HMD to adopt a multi-ODM strategy.
Nokia outperformed Credit score Suisse
Nokia Oyj ( NYSE:NOK - Get Rating ) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a report issued on Thursday.
Nokia's MACD histogram crosses the signal line
Nokia Moving Average Convergence Divergence (MACD) turned positive on September 9, 2022. Looking at previous cases when NOK's MACD turned positive, the stock continued to rise in 34 out of 47 cases in the following month. The chance of a continuous upward trend is 72%.
Nokia smartphone shipments tripled in the US
According to the new report of the analysis company Strategy Analytics for the second quarter of 2022, the shipment of Nokia smartphones more than tripled in the second quarter of 2022 in the United States, and thus, as you may have already read, Nokia smartphones accounted for more than a third of all Nokia devices in the second quarter.
Haivision, Nokia and Media Broadcast present a joint solution
AMSTERDAM, September 10, 2022 Haivision, a leading global provider of mission-critical, real-time streaming, video networking and visual collaboration solutions, today announced that Haivision has partnered with Nokia and German provider Media Broadcast to showcase a comprehensive and flexible solution at SportsInnovation 2022 for mobile video service via 5G networks.
Nokia will completely stop its operations in Russia by the end of the year
Ericsson said on Monday that it will gradually wind down business in Russia in the coming months, while Finland's Nokia also said it plans to close most of its business in Russia by the end of the year.