Nokia Technologies

Nokia smartphones in 2017 may be dead on arrival because the "real Nokia" has moved on

It's not easy to pull off a Nokia today and that is the exact problem HMD Global will face apart from the fact that the Nokia brand is still in one way or another, rooted to Microsoft, its previous owner.

Microsoft just licensed the Nokia brand to an unheard of Foxconn subsidary for $350 mn

HMD will acquire the rights to use the Nokia brand on its products over a period of 10 years.

Nokia reports Q1 net loss of $583 million, well below expectations

Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks and a drop in overall revenue despite its acquisition of Alcatel-Lucent. It warned of a further decline in earnings, causing the shares to plunge 7 percent.

Nokia announces new team post Alcatel-Lucent merger

The company in April had announced acquisition of French firm Alcatel-Lucent in an all-stock deal valued at €15.6 billion ($16.6 billion).