Nokia, Bosch Partner for Industrial IoT

Espoo, Finland – Nokia and Bosch Connected Devices and Solutions GmbH have announced a strategic partnership to enable enterprises and Communications Service Providers to more easily deploy industrial IoT solutions from sensors through to applications. Initial work will focus on asset tracking, predictive maintenance and environmental monitoring use cases, with the companies currently doing several…

Apple Tightens Grip on Electronics Supply Chain

Apple Inc. is aptly named. The iPhone maker is golden on Wall Street, venerated by fans and irresistible to enterprise partners, making it the most tempting and most sought after customer in the global electronics supply chain. Conversely, Apple can morph into a living nightmare for rivals, suppliers and contractors who defy it as some…

Nokia Stays Out of Phone Business for Good

Nokia Corp. said it has no plans to re-enter the mobile communications handset market, effectively curbing growing speculations the company intended to make smartphones in China with a contract manufacturer. In an unusual response, Nokia issued a tersely-worded press statement stating clearly the reports about it intending to make smartphones were “false, and include comments…

What Nokia Should Really be Buying: a Chinese Rival

Nokia Corp. should be buying China’s ZTE Corp. and not Alcatel-Lucent SA, which it this week agreed to buy for $16.6 billion. If approved by regulators and shareholders such a deal would be transformative and open up new growth vistas across the industry, potentially sparking a flurry of East-West and West-East mergers and acquisitions. The…

Nokia Renews Makeover Efforts with $16.6B Alcatel-Lucent Deal

Nokia Corp. is intensifying efforts to transform the company’s operations with an agreement to acquire French-American telecom equipment maker Alcatel-Lucent SA for about $16.6 billion. The deal is in continuation of a reorganization exercise that culminated almost one year ago in the sale of the Finnish company’s mobile handset division to Microsoft Corp. for $7.2…

Microsoft to Cut 18,000 Jobs

Microsoft Corp. today announced a restructuring plan to simplify its operations and align the recently acquired Nokia Devices and Services business with the company’s overall strategy. These steps will result in the elimination of up to 18,000 positions over the next year. Of the total, about 12,500 professional and factory positions will be eliminated through…

Flex PCB Market Set to Grow

Rising labor costs in China as well as currency appreciation hurt the nation’s domestic flexible printed circuit board industry last year, according to the “Global and China FPCB (Flexible Printed Circuit Board) Industry Report.”  The overall market will continue to grow: the global flexible printed circuit board (FPCB) market is valued at $1.321 billion with…