Nokia has announced plans to return $US4.4 billion to shareholders in dividends and buybacks and moved forward a target for the savings it expects to reap from the takeover of Alcatel-Lucent.
Tech giant Microsoft is due to release its latest Windows 10 gadgets, but some analysts believe it will be too little too late for it to make any significant smartphone market share gains.
Nokia has sold its Here digital mapping unit to a consortium of German automakers for €2.8 billion, or about $3 billion, marking the latest chapter in Nokia's transformation.
Microsoft plans to cut as many as 7800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit, wiping out nearly all of the value of a business it acquired just 14 months ago.
A new front is opening in what's been dubbed the smartphone wars as South Korea and China are adopting antitrust policies that may require companies like Apple to license inventions to rivals more cheaply, giving Asian companies a leg up against foreign competitors.
The biggest annual trade show for the world's mobile phone industry in Barcelona featured the weird and the wonderful in smartphone design, as companies seek to arrest Apple's runaway success.
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