Items tagged with (NYSE:NOK)

Here's a bit of good news for budding filmmakers who want to create virtual reality experiences. Nokia just slashed $15,000 off the price of its funky looking Ozo, the first VR camera system specifically designed for professional production. Now brace yourself for the bad news—the price cut brings the cost down to $45,000, which is still a hefty chunk of change. Hey, that's $5,000 less than it costs to spend just a single night at the Ty Warner Penthouse at the top of Manhattan's Four Season's Hotel (no joke). And if you want a 2016 Tesla Model S P90D, you'll have to come up with more than twice... Read more...
Nokia was once a major force in the mobile phone market, before the rise of smartphones and subsequent selloff to Microsoft, which never made good use of the transaction. Now Nokia is making a comeback, or at least will attempt to make one, through a 10-year licensing deal with HMD Global Oy. HMD is a new outfit in Finland that was created to "provide a focused, independent home for a full range of Nokia-branded feature phones, smartphones, and tablets." The decade long deal covers exclusive branding rights and intellectual property licensing, and in return HMD will make royalty payments to Nokia... Read more...
Remember Nokia's fancy pants Ozo camera? It's billed as the first virtual reality camera system specifically designed for professional production, and today we learned it will have a price tag to match -- $60,000. Ah, but turn that frown upside down, you don't have to come up the full amount right off the bat. It only requires a $5,000 deposit! All kidding aside, the price tag reflects the camera's target audience and intended purpose. This isn't a toy or even a high-tech device for hobbyists, but a serious tool for creating professional level content in the emerging VR field.Is it just us, or... Read more...
Virtual reality has captured the hearts and minds of consumers and developers alike with systems like Oculus Rift and Samsung's Gear VR, but what if you want to capture your own VR content? Nokia has you covered. The company announced a funky looking camera with an equally funky name -- OZO. While it looks like one of the orbs that shot energy bolts at a blindfolded Luke Skywalker during his Jedi training, it's actually a purpose-built camera designed for professional content creators. OZO came out of the minds of Nokia's R&D facilities in Tampere, Finland. It's a work in progress, though it's... Read more...
A familiar face is returning to the smartphone scene. After selling its mobile phone business to Microsoft in 2014, Nokia plans to get back in the game in late 2016 when its agreement with the Redmond outfit expires. However, Nokia won't get back to building handsets and will instead design the hardware and license its brand to other companies."We will look for suitable partners," Nokia boss Rajeev Suri said. "Microsoft makes mobile phones. We would simply design them and then make the brand name available to license."As part of its sales agreement with Microsoft, Nokia is prohibited from slapping... Read more...
Nokia just announced a huge acquisition today, confirming that it is purchasing one of its closest competitors in the network equipment market: Alcatel-Lucent. The purchase price was a hefty $16.6 billion in an all-stock transaction. The acquisition will allow Nokia to better compete with Chinese players like Huawei, which have flooded the market with low-cost networking equipment. According to Bernstein Research, the combined companies will take over the second place spot in the mobile network hardware market with a 35 percent share. Ericsson will maintain its first place position with a 40 percent... Read more...
On Android, given that it's built by Google, consumers already have access to what is arguably the best routing/navigational app in the known universe: Google Maps. But if for some reason that doesn't appeal to you, there's another major player coming to Android at long last. The HERE team is announcing this week that a beta of its mapping app is now ready for Android users, so long as you're using a Samsung device. Thanks to a licensing agreement with Samsung, it'll be available for free, exclusively for Samsung Galaxy smartphones like the Galaxy S5. What makes HERE special is that it'll work... Read more...
If you don't want to get caught with a dead smartphone, it's a wise idea to carry along either a spare battery (provided your handset sports a removable battery) or a portable charger. However, if you have neither and you happen to be surrounded by 800 potatoes and apples, all you'll need is a copper wire and galvanized nails to be back in business. Practical? Not even for MacGyvr. Cool? You betcha. In a blog post, Nokia explains how multimedia artist Caleb Charland set up a large display of fruit and potatoes to organically charge a Lumia 930 handset. His setup generated an electrical current... Read more...
There's been a ton of focus on camera performance and features in the smartphone space, but what about videos? If you're an armchair director and video buff, you're going to love what the Video Tuner app brings to the Windows Phone 8.1 platform. Rather than have to extract videos from your Lumia device to edit them, Video Tuner lets you tweak your videos in real time on your smartphone. You won't find the same controls as full featured (and awfully expensive) video editing programs offer, but Video Tuner is free and offers some neat tools. For example, you can trim, crop, rotate, flip, mirror,... Read more...
Microsoft has something up its sleeve that it's planning to unveil next week, and if the speculation turns out to be true, that "something" is the Nokia X2 smartphone. We'll find out for sure as the calendar flips over to Tuesday, June 24, right at the stroke of midnight PST (or in the wee hours of the morning for those on Eastern time). There's a live countdown timer on a new Nokia Conversations blog post titled "Green with Envy" that indicates the "Time left to launch." Above the timer, Microsoft teases website visitors by saying, "Summer brings out our inner glow...stay tuned to Conversations... Read more...
The process that began back in September is now complete: Microsoft has finished subsuming Nokia’s Devices & Services business. Nokia said in a statement that the final transaction price will be slightly higher than the originally-announced 5.44 billion euros. Among the adjustments to the final details, Microsoft is not getting Nokia’s manufacturing facilities in Chennai, India nor Masan, Korea. The Chennai plant is having tax problems, and Indian authorities have frozen its assets; instead of Microsoft taking it over, Nokia has agreed to make mobile devices for Microsoft. The Masan... Read more...
Shortly after Sony had to recall its very last Viao Fit notebook due to a potential battery issue, Nokia has today issued a product advisory notice of its own. The notice impacts the  European and UK variant of the AC-300 charger, which is used exclusively with the Lumia 2520 tablet. Consumers in Austria, Denmark, Finland, Germany, Russia, Switzerland and UK are strongly advised to suspend use of the charger until further notice. Also, consumers who purchased the Lumia 2520 travel charger accessory in Austria, Denmark, Finland, Germany, Russia, Switzerland, UK and the US are strongly advised... Read more...
It may have taken a little longer than expected, but Nokia has won approval from China to sell its Devices and Services business to Microsoft. The two companies announced the roughly $7.2 billion deal back in September, at the time saying it would need to clear regulatory hurdles. Nokia and Microsoft expected to wade through all the red tape by the end of the Q1, but getting approval from the Ministry of Commerce of the People's Republic of China proved more difficult than anticipated, hence the slight delay. Nokia says the regulatory approval process included a thorough review of its patent license... Read more...
Nokia famously went all in with Microsoft when it decided to ditch its own OS and sell smartphones running Windows Phone, but the company has opted to add Android handsets to its roster as well in an effort to capitalize on the growing and vast low end smartphone market. Referred to as the “next billion”customers, the developing world is ripe for the picking when it comes to smartphones, and Nokia wants to be a player with five new handsets. Nokia X “Our deliberate approach is to offer four tiers of products including our affordable entry-level devices like the new Nokia 220;... Read more...
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