Worldcrunch
In Oulu, Finland, near the Arctic Circle, 500 researchers at the 6G Flagship laboratory are already outlining the next generation of mobile technology, due to arrive by 2030. Nokia’s homeland wants to turn the page on 5G, which failed to win over the industry.
Intellectual property laws in China are used (or simply ignored) for the short-term interests of Chinese companies. But that must change if the nation wants to compete globally.
Not prone to emotional effusiveness, the Finnish have developed a particular taste for euphemisms: “Naturally, this is a day of big change for Finnish industry,” Premier Jyrki Katainen affirmed modestly last Tuesday, when the country’s best-known company, Nokia, sold its mobile phone outfit to Microsoft for $7.2 billion. That is about 15 times less than […]
THE NEW YORK TIMES, BBC, REUTERS Worldcrunch SEATTLE — Microsoft has announced plans to purchase Nokia’s mobile phone business for $7.2 billion, a move by Microsoft to catch up to competitors Samsung and Apple on the mobile business. Nokia shares jumped by 45% on news of the deal. According to the BBC, the purchase is […]