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HMD Global has resumed sales of Nokia phones and devices in European markets
As is known, just a week earlier, HMD Global removed the sales of Nokia devices and devices in several European countries, which made the sales of Nokia devices unavailable in the previously mentioned markets of the United Kingdom, Germany and Austria.
HMD Thailand Confirmed to continue distribution of Nokia mobile phones in Thailand
HMD Thailand has announced that it will continue to distribute the Nokia mobile phone brand in Thailand. Within the framework of the multi-brand strategy. Focus on marketing the HMD brand while also promoting the Nokia brand. Confident that the mobile phone market is still bright, HMD and Nokia users can use it confidently with HMD Thailand's after sales service through HMD Service Center.
Nokia Oyj is among the worst affordable stocks
While it's true that the company's glory days of dominance as a preeminent hardware maker are history, management is making efforts to strengthen its network infrastructure business. To this end, the company announced the sale of the ASN business and indicated its intention to purchase Infinera. Nokia Oyj ( NYSE:NOK ) is currently undergoing an ongoing cost-savings overhaul, and management reiterated its 2026 target of 800-1,200 million euros ($893.64 million to $1,340.46 million).
Patent dispute threatens Fire TV sales in Nokia vs Amazon patent dispute
Nokia vs Amazon: Patent dispute threatens Fire TV sales The regional court in Munich ruled in favor of Nokia in the patent dispute between Nokia and Amazon. The ruling puts Nokia in a position to stop selling at least some Fire TV devices in Germany. The process is based on license fees for video patents, which Nokia wants to receive from Amazon.
Nokia rejects rumors of a CEO change
The Financial Times reports that Nokia is looking to replace CEO Pekka Lundmark. Nokia is struggling with weak sales figures. The Financial Times cites sources as saying that the search is ongoing and that Nokia has approached potential candidates. Lundmark has been the President and CEO of Nokia since 2020. Before that, he was the president and CEO of Fortum. Nokia has denied a Financial Times report that it is looking for a new CEO. The company said the board fully supports its current boss, Pekka Lundmark.
Nokia denies commercial sales of mobile networks to Samsung
Nokia has dismissed speculation that Samsung is buying its mobile network business. The Finnish telecommunications giant issued a statement confirming its commitment to the division.