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matti huuhtanen

Matti Huuhtanen

Photo: Reuters

Nokia posts 60% rise in net profit, beats expectations

by Matti Huuhtanen |Jul 30, 2015

A good performance in its core networks division suggested the Finnish company is succeeding in turning its business around since selling its handsets operation to Microsoft in 2013.

New President and Chief Executive Officer of Nokia Rajeev Suri <em>Photo: Associated Press</em>

Nokia eyes turnaround with new CEO Rajeev Suri

by Matti Huuhtanen |Apr 30, 2014

Nokia is planning for a turnaround now that it has sold its lossmaking handset business to Microsoft, naming on Tuesday a new CEO, promising to pay dividends again and laying out its vision for it...

Nokia Asha mobile phones on display in a shop in Helsinki, Finland. PHOTO: AP

Nokia smartphone sales, profits plunge in Q4

by Matti Huuhtanen |Jan 23, 2014

The Finnish handset maker said its overall business suffered a net loss of $34 million in the October-December period, with smartphone sales plunging 29 per cent.