Nokia to cut 4,000 jobs and move assembly to Asia
Nokia is to axe an additional 4,000 jobs and move its assembly work to Asia in a bid to cut costs and return to its previous dominance in the mobile arena.


Nokia is to axe an additional 4,000 jobs and move its assembly work to Asia in a bid to cut costs and return to its previous dominance in the mobile arena.
The CEO of Nokia, former Microsoft executive Stephen Elop is continuing with his grand restructuring plan, bringing the next wave of cuts to the manufacturing division in Finland, Hungary and Romania.
Mobile prince-turned-pauper Nokia has reported abyssal financial results, with a €1 billion loss and a whopping drop of 73 percent in earnings per share for the fourth quarter and a fall of 52 percent for the entire year.
Samsung said it is confident that it will oust Nokia this year to become the largest mobile phone manufacturer in the world, changing the face the of the industry completely.

Microsoft is expected to deliver a “dazzling” send-off at its last Consumer Electronics Show (CES) this week, according to analysts, with demonstrations of both Windows Phone devices and the eagerly-awaited Windows 8 operating system.
The Nokia Lumia 900 Ace was recently spotted on Nokia Pulse website which has the capacitive touch buttons that are placed closer to the edge, compared to the Lumia 800. It was also reported that the Finnish company would be launching the phone at the Consumer Electronics Show 2012 in Las Vegas next week.
Nokia's first Windows Phone 7 device, the Lumia 800 smartphone, has failed to impress European consumers, according to a report by investment research firm Exane BNP Paribas.
The Lumia 800 Windows Phone was announced at Nokia World in October, and was only recently launched in Singapore. And from online sources, it looks like the Finnish company could be announcing a 4G-capable Lumia 900 in February next year with a larger touchscreen display.
Smartphone manufacturer Nokia is currently seeking buyers for their luxury phone division, Vertu, after more than a decade since its creation. Amidst the Finnish company’s restructuring efforts, it seems that Nokia is planning to dedicate its resources toward the smartphone and devices for budget users.
Nokia has bet on their new Windows Phone Lumia 800 and Lumia 710 to keep the company alive. And it seems that the Lumia 800 has faced some complaints when it was launched in UK recently - the phone's poor battery life. Well, the Finnish company has announced that updates will be released for improve the Nokia Lumia 800's battery life.
Intel and Nokia have jointly announced the MeeGo platform at Mobile World Congress in 2010, but it was not until last month that we see the first (and perhaps last) MeeGo device from the Finnish manufacturer. But how good is the Nokia N9. Find out inside this review.
During the Google Music launch event, Jamie Rosenberg, Director of Digital Content for Android introduced an impressive statistic. We have all heard the figure of 550.000 activated devices daily, but did you knew that in only five months, 100 million people activated their Android devices?
The new Nokia Lumia Windows 7.5 phones were unveiled at the Nokia World two weeks ago, and yesterday, the local media were treated to a showcase of the new phones. For those of you who are wondering when the Nokia Lumia 800 and Lumia 710 are going to be available, well, the company mentioned that the phones will retail before end of year.
In a surprising announcement it has come to light that ST-Ericsson will soon be part of the Windows Phone ecosystem which so far has been the sole playing ground for Qualcomm. ST-Ericsson has been selected by none other than Nokia to become its supplier of SoCs for its future Windows Phone handsets.
The most surprising announcement at Nokia World 2011 wasn't one of Nokia's new handsets, instead it was the announcement that Nokia is teaming up with Monster to co-brand headsets for its phones. What makes this so interesting is that HTC bought into the Beats brand, which was originally a collaboration between Monster and Dr Dre and we're curious about what HTC will have to say about this partnership
