EMEA Technology Correspondent
Tarmo's Feed
Oct 12, 2011

Phone makers outlook in focus in grimmer economy

HELSINKI (Reuters) – Investors will look to handset vendors’ quarterly reports in coming days for signs of how much the global economic slowdown will hit cellphone sales in the crucial year-end shopping season.

While the outlook for consumer spending has worsened in recent weeks, analysts have changed their fourth-quarter cellphone sales forecasts only slightly, with a Reuters poll showing they expect a historically normal 12 percent quarter-on-quarter rise.

Oct 7, 2011

Sony in talks to buy Ericsson out of phone JV – source

HELSINKI/TOKYO (Reuters) – Sony Corp (6758.T: Quote, Profile, Research) is in talks to buy out Ericsson (ERICb.ST: Quote, Profile, Research) from their mobile phone joint venture in a bid to catch up with rivals, a source with direct knowledge of the matter told Reuters.

The move could help Sony recoup ground in the battle against Apple Inc (AAPL.O: Quote, Profile, Research) and Samsung Electronics (005930.KS: Quote, Profile, Research), where it has been hampered by a disjointed strategy regarding mobile gadgets and online content.

Oct 7, 2011

Sony in talks to buy Ericsson out of phone venture – source

HELSINKI/TOKYO (Reuters) – Sony Corp is in talks to buy out Ericsson’s stake in their mobile phone joint venture, a source said, in a bid to catch up with rivals.

The move could help Sony recoup ground in the battle against Apple Inc and Samsung Electronics, where it has been hampered by its disparate offerings of mobile gadgets and online content.

Oct 6, 2011

Sony near buying Ericsson out of phone venture: report

By Tarmo Virki, European Technology Correspondent

(Reuters) – Sony Corp is nearing a deal to buy Telefon AB LM Ericsson’s stake in their 50:50 smartphone joint venture, The Wall Street Journal reported on Thursday, citing people familiar with the matter.

Sony and Ericsson have been talking for weeks about the future of the venture because the companies’ 10-year-old pact is up for renewal this month, two industry sources told Reuters.

Oct 6, 2011

Sony near buying Ericsson out of phone venture-WSJ

Oct 6 (Reuters) – Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) is nearing a deal to
buy Telefon AB LM Ericsson’s (ERICb.ST: Quote, Profile, Research, Stock Buzz) stake in their 50:50
smartphone joint venture, The Wall Street Journal reported on
Thursday, citing people familiar with the matter.

Sony and Ericsson have been talking for weeks about the
future of the venture because the companies’ 10-year-old pact
is up for renewal this month, two industry sources told
Reuters.

Oct 5, 2011

Apple stumble seen opening door for rivals

TAIPEI/HELSINKI (Reuters) – Rival smartphone makers could exploit a rare letdown by Apple in the launch of its new iPhone 4S model, which failed to wow fans, and grab a bigger share of the most lucrative part of the phone market.

However, analysts also noted that Apple’s decision to keep older iPhone models and slash their prices, would help the U.S. firm to reach the bigger, mass market, where it will be in more direct competition with phones using Google’s Android software.

Oct 4, 2011

Nokia to unveil first Windows phones this quarter

HELSINKI, Oct 4 (Reuters) – Nokia will unveil its
first Windows-based smartphones this quarter, arguing that there
is room for an alternative to the products of big-hitters Apple
and Google on the same day that Apple prepared
to launch its latest iPhone.

“Our belief is that there is a clear opportunity for an
alternative ecosystem,” chief executive Stephen Elop told a
technology fair in Helsinki on Tuesday.

Sep 30, 2011

Start-ups aim to reboot Finland after Nokia crash

HELSINKI, Sept 30 (Reuters) – The creators of Angry Birds
and other young entrepreneurs are leading Finland’s effort to
reboot its economy after Nokia Oyj admitted defeat in
the smartphone race and shed thousands of jobs.

The initial shock of the February decision by Nokia Chief
Executive Stephen Elop to dump the company’s own software
ambitions and use Microsoft Corp’s Windows instead cast
a long shadow over Finland’s hopes for technology-led growth.

Sep 29, 2011

Nokia to cut 3,500 jobs, close Romania plant

HELSINKI, Sept 29 (Reuters) – Nokia Oyj , the
world’s largest cellphone vendor by volume, is cutting 3,500
jobs partly through the closure of its plant in Cluj, Romania,
as it struggles with falling sales and profits.

The company said the planned closure of the Cluj factory
would result in 2,200 job losses, while a further 1,300 jobs
would be cut at its Location & Commerce business unit, which
includes the world’s largest digital mapping business Navteq.

Sep 28, 2011

Intel, Samsung get behind new Linux phone software

Sept 28 (Reuters) – Two Linux software groups have joined
forces, they said on Wednesday, to develop a new operating
system for cellphones and other devices in collaboration with
Intel and Samsung Electronics .

However, analysts said the new Tizen platform is likely to
struggle to attract wider developer and manufacturer support to
compete with the dozen or so other mobile operating systems in a
market dominated by Apple and Google’s
Linux-based Android.