HMD Global, the company which has the rights to manufacture, market and sell Nokia branded smartphones for ten years may have put Nokia on the consumers' minds once again
The release of the 3G-enabled Nokia 3310 in the country may see it lock horns with other players in the emerging feature phone segment in India
The Finnish company said it would also get a one-off payment, although it did not disclose any of the sums involved. The companies had started the arbitration in 2015.
The Finnish company did not disclose details of the award but said that it would book revenue, as well as a non-recurring catch-up payment, starting from the third quarter.
It is unlikely that the model will have bezel-less display, a trend among recent phone models
The job cuts would concern central and support functions within Alcatel-Lucent International and Nokia Solutions Networks France, which employ a combined 4,200 people in the country, a Nokia spokeswoman told Reuters in an e-mail.
The Nokia 130 joins the re-imagined Nokia feature phones bandwagon, and is intended to be a utility device with a dose of classic Nokia nostalgia
The company in a filing to BSE said that its board in a meeting held today approved the recommendations of its capital raising committee to go for a rights issue of shares to existing shareholders "as a mode of raising equity capital aggregating up to Rs 500 crore".
The event is expected to be streamed on YouTube by the promoters of the company, HMD Global
The phone will initially be available only offline and is speculated to cost around Rs 13000
This subscription growth is expected to intensify closer to the sale date of the Nokia 6 on August 23, 2017. Launched for Rs 14,999, Nokia 6 will be available in matte Black and Silver colour, exclusively on Amazon.
It is expected to have a 2.4GHz octa core Qualcomm processor, 4 GB RAM, a storage capacity of 64 GB
Earlier this year, BlackBerry had tied up with Optiemus Infracom to design, manufacture and distribute its devices in India and neighbouring countries. It has a similar partnership with TCL for some other markets.
"India is a very important market for us. The brand still has a strong connect. With the lineup that is planned, I hope to see India among our top 5 markets," BlackBerry Senior Vice President, General Manager, Mobility Solutions, Alex Thurber told PTI.
The phone, reportedly, is priced in the range of 550-600 Euros. That is, in India, it will be priced at more than Rs 41,000.
Vertu, known for its high-class, jewel-embedded handsets, has shut shop. Vertu, a luxury brand, was founded by Nokia in 1998.
Nokia 6 registrations have begun on Amazon India website from today (July 14) and the device will go for an open sale on August 23 on the same e-commerce portal.
Nokia made its comeback last month by launching 3 Android operating smartphones - Nokia 3, Nokia 5 and Nokia 6.
The two companies will also collaborate on and advance the quality of imaging for smartphones through screen quality and optic design.
"Xiaomi is one of the world's leading smartphone manufacturers and we are delighted to have reached an agreement with them," said the President & CEO of Nokia - Rajeev Suri. "In addition to welcoming such a prominent global technology company to our family of patent licensees, we look forward to working together on a wide range of strategic projects."
The new traffic routers can handle the greater demands of virtual reality programming, cloud-based internet services and next-generation mobile communications, the Finnish company said.
Going by market share today, Google's Android and Apple's iOS combine for 99.8 percent global market share.
As far as the pricing is concerned, the Nokia 3 will be the cheapest Nokia Android smartphone for an expected price of under Rs 10,000. The Nokia 5 is expected to cost under Rs 15,000 while the Nokia 6 might be priced under Rs 18,000.
A delegation led by IT and Industries Minister K T Rama Rao, who is on a tour to the United States of America, yesterday interacted with top leadership of major global corporations including Nokia, an official release said here today.