Latest News - / Nokia - Posts

Nokia set to Lay Off 14,000 Personnel Due to Shrinking 5G Demand

 

While Nokia is usually known for its mobile devices, the company also makes a ton of profit from providing networking solutions such as Wifi routers and 5G equipment. However, it looks like things haven't been so peachy lately for the Finnish telecommunications giant.

 

In what is essentially the latest entry in a series of massive tech layoffs, Nokia recently announced that it will terminate 14,000 jobs in a bid to cut costs, following a considerable 20% drop due to weakening demand for 5G equipment. The latter is attributed to a slowdown of demand from the North American market, although the company has also attempted to establish growth in other markets like India.

 

In an interview with Reuters, Nokia Chief Executive Pekka Lundmark explained the circumstances influencing this decision:

 

The market situation is really challenging and it is witnessed by the fact that in our most important market, which is the North American market, our net sales are down 40% in Q3.

 

Following this massive layoff, Nokia is hoping to save up to 800 million euros ($842 million) and 1.2 billion euros by 2026. This reduction in personnel is expected to bring down the company's employee base from 86,000 down to between 72,000 and 77,000.

 

Recently, chip manufacturer Qualcomm also announced that it will be terminating around 1,200 employees, due to "continued uncertainty in the macroeconomic and demand environment," according to the company.


Nokia's Limited-Edition XR21 has Already Sold Out

 

Nokia recently announced that it launched a limited-edition version of the Nokia XR21, with an attractive-looking black and white color scheme priced at around $730 (when converted). The company says that only 50 pieces of the limited-edition model were manufactured, and it looks like the phone has already sold out on Nokia's official website. As per Nokia's original announcement:

 

The Nokia smartphones story continues to unfold with our new European assembly line. To mark the occasion, we've produced just 50 Nokia XR21 Limited Edition devices, assembled and tested closer to home. We've made 30 of them available so that you can be a part of the story.

 

Each one bears a unique engraving identifying it as a limited-edition device. With their Frosted Platinum coloring, 4 years of monthly security updates and software upgrades up to Android 15, Nokia XR21 Limited Edition is an elegant and enduring piece of smartphone history.

 

Nokia's Limited-Edition XR21 has Already Sold Out

 

In terms of hardware, the phone's specs remain mostly the same, save for the different color scheme. The XR21 features MIL-STD-810H level durability, a 6.49-inch IPS LCD display, and runs on a Qualcomm Snapdragon 695 5G chipset, backed by 6GB of RAM and 128GB of internal storage. For optics, there's a dual-camera setup on the rear panel with a 64MP and 8MP camera combo, joined by a 16MP camera on the front.

 

Other details include a 4800 mAh battery with support for 33W fast charging, a 3.5mm headphone jack, microSD card slot, stereo speakers, and a side-mounted fingerprint scanner.


Nokia's G310 5G and C210 Arrive Soon for US Markets

 

Nokia's focus on giving Android users budget-friendly smartphones is on a steady trajectory, and the Finnish manufacturer has added two new handsets to its North American device offering, the Nokia G310 and Nokia C210. The phones will be available via T-Mobile, and are priced to compete with similarly-affordable devices from Motorola, for example.

 

Nokia's G310 5G and C210 Arrive Soon for US Markets

 

The Nokia G310 comes with a 6.56-inch IPS LCD screen with a 720 x 1612 pixel resolution and Gorilla Glass 3, Qualcomm's Snapdragon 480+ 5G chipset, a triple camera setup with a 50MP main sensor, 8MP selfie camera, 4GB of RAM alongside 128GB of expandable storage, as well as a large 5,000 mAh battery with support for 20W fast charging. It also features an easily-repairable design that allows users to fix the phone with their own tools.

 

Nokia's G310 5G and C210 Arrive Soon for US Markets

 

Meanwhile, the Nokia C210 features a 6.3-inch IPS LCD screen with a 720 x 1560 pixel resolution and Gorilla Glass 3, a Snapdragon 662 chipset, a dual camera setup with a 13 main sensor and 2MP depth sensor, 5MP selfie camera, 3GB of RAM alongside 32GB of expandable storage, and a smaller 3,000 mAh battery.

 

Both phones will ship with Android 13 pre-installed; the Nokia G310 5G will be available at T-Mobile and Metro by T-Mobile starting at $186 from August 24, while the Nokia C210 will be priced at $109 and will be available starting on September 14.


Nokia Goes into 5G Association with Apple

 

Periodic group ups between significant tech organizations aren't precisely unprecedented - whether it be cell phone OEMs and camera makers, or satellite informing innovation, we've seen a ton of equipment, programming, and licenses sprout from far-fetched joint efforts among various tech organizations.

 

Considering that, Nokia and Apple have as of late gone into a drawn out patent permit understanding, which will see Apple dealing with 5G and other correspondence innovations. This revived group up comes in front of the expiry of an ongoing understanding between the two organizations, which is set to end in the not so distant future.

 

Nokia kept mum on the particulars in regards to the provisions of the association notwithstanding - the Finnish media transmission goliath basically expressed that getting installments from Apple for quite a long time down the line is expected. Nokia adds that it anticipates that this new understanding should yield income beginning from January 2024.

 

Jenni Lukander, President of Nokia Technologies, describes the deal with Apple was "amicable," adding that it "reflects the strength of Nokia's patent portfolio, decades-long investment in R&D and contributions to cellular standards and other technologies". Since 2000, Nokia has invested more than €140 billion on R&D resulting in thousands of patents, 5,500 of which are described as "essential" to 5G.


From Brick to Smartphone: The Evolution of Nokia Phones

 

Nokia, a Finnish telecommunications company, has a rich history in the mobile phone industry. From its humble beginnings in the early 1980s to its more recent foray into the world of smartphones. Nokia has consistently been at the forefront of mobile technology. For those who grew up in the early days of mobile communication, Nokia phones were more than just devices - they were companions, filled with memories and sentimental value. The durable build, distinctive ringtone, and iconic designs bring back a flood of memories. It reminds us of a simpler time when text messages were sent with T9 predictive texting, and Snake was the ultimate game. The nostalgia of Nokia phones lies not only in their physical attributes but also in the emotions and experiences associated with them. They represent a bygone era. An era when communication was less complicated, and technology was treasured in its simplicity. Old Nokia phones evoke a sense of comfort, reminding us of a time when the world seemed a little smaller and life was a bit more straightforward. That being said, Nokia has evolved. In this article, we will delve into the evolution of Nokia phones. We'll trace its journey from simple brick-like devices to cutting-edge smartphones.

 

The Birth of the Brick Phone

In the 1980s, Nokia entered the mobile phone market with its first device, the Mobira Senator. While bulky and heavy, it represented a major leap forward in mobile communication. Nokia continued to refine its designs, eventually releasing the iconic Nokia 3210 in 1999. This compact and robust device gained popularity worldwide. It had a durable build, interchangeable covers, and a long-lasting battery.

 

The Era of Durability and Iconic Design

Nokia became synonymous with durable phones. It earned a reputation for producing devices that could withstand rough usage. The Nokia 3310, released in 2000, epitomized this trend. It became one of the best-selling mobile phones of all time. All thanks to its exceptional battery life and legendary resilience. The later years saw the introduction of various iconic models, such as the Nokia 5110, 6600, and N-Gage, which further cemented Nokia's position as a leading mobile phone manufacturer.

 

The Rise of the Smartphone Revolution

As the 21st century progressed, smartphones began to dominate the mobile phone landscape. Nokia recognized this shift and responded by introducing its line of smartphones powered by the Symbian operating system. In 2005, the Nokia Nseries emerged, featuring advanced multimedia capabilities and innovative designs. The N95, released in 2006, gained acclaim for its cutting-edge features, including a 5-megapixel camera and built-in GPS.

 

The Windows Phone Era

In 2011, Nokia entered into a partnership with Microsoft, adopting the Windows Phone platform for its smartphones. The Lumia series marked a new chapter in Nokia's evolution. With devices like the Lumia 920 and 1020 showcasing impressive camera technology and a unique design aesthetic. The Windows Phone ecosystem struggled to compete with iOS and Android. Though Nokia's commitment to quality hardware and imaging capabilities gained them a dedicated following.

 

The Revival with Android

In 2016, Nokia returned to the smartphone market with the Nokia 6, but this time embracing the Android operating system. The move proved pivotal for the company. It allowed them to tap into the extensive app ecosystem and user-friendly interface associated with Android. Following releases like the Nokia 7 Plus and Nokia 8 Sirocco continued to receive praise for their build quality and clean software experience.

 

Embracing Modern Smartphone Trends

Nokia's recent smartphones have demonstrated a willingness to adapt to modern smartphone trends. The company has incorporated features such as dual-camera setups, edge-to-edge displays, and even the resurgence of nostalgic classics like the Nokia 3310 in a modernized form. Nokia has also prioritized software updates and security. This ensures a consistent and up-to-date user experience.

 

In conclusion, the evolution of Nokia phones mirrors the broader trends within the mobile phone industry. From their early brick-like devices to the present era of sleek and powerful smartphones, Nokia has strived to innovate and cater to evolving consumer demands. Nokia has faced its fair share of challenges and transitions. But, the company's commitment to quality craftsmanship and user experience has enabled it to maintain a loyal fan base. As technology continues to advance, just like Avalon78 mobile, it will be intriguing to see how Nokia further adapts and shapes the future of mobile communication.

Results per page:
<< 1 2 3 4 ... 25 >>
Description

youmobileorg
Posts: 8412





© 2023 YouMobile Inc. All rights reserved