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Top related persons:
Refinitiv - 1 Börje Ekholm - 1 Ericsson's - 1 Richard Webb - 1 Webb - 1 we’ll - 1 Martin Coulter - 1 Anna Ringstrom - 1
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Nokia - 1 Ericsson - 1 Markets - 1 5G - 1 CSS Insight - 1 Thomson - 1

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☆ Nokia issues profit warning, rival Ericsson delivers 'lukewarm' results
  + stars: | 2023-07-14 | by ( Martin Coulter | ) www.reuters.com   time to read: +3 min
Nokia's shares dropped 7.8% in early trade to their lowest since April 2021, while Ericsson shares were down 7.7%. Nokia reported preliminary second-quarter sales of 5.7 billion euros ($6.4 billion), while analysts polled by Refinitiv had estimated sales of 6 billion euros on average. Nokia said it now expects 2023 sales of 23.2-24.6 billion euros ($26.1-$27.6 billion) against 24.6-26.2 billion euros estimated previously. Meanwhile, Ericsson reported a 62% fall in second-quarter adjusted operating profit, slightly above market expectations. The Swedish telecom equipment maker's operating profits, excluding restructuring charges, fell to 2.8 billion Swedish crowns ($271 million), compared with 7.4 billion crowns the previous year.
Persons: Refinitiv, Börje Ekholm, Ericsson's, Richard Webb, Webb, we’ll, Martin Coulter, Anna Ringstrom, Krishna Chandra Eluri, Tom Hogue Organizations: Nokia, Ericsson, Markets, Reuters, 5G, CSS Insight, Thomson Locations: North America, India, Swedish
☆ Nokia launches smartphone you can fix yourself, jumping on 'right to repair' trend
  + stars: | 2023-02-25 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
The Nokia G22 smartphone from Finnish firm HMD Global comes with a removable back to let you swap out broken parts. The next smartphone to come from mobile icon Nokia is a handset that users can repair themselves. The Nokia G22, developed by Finnish manufacturer HMD Global, is a standard smartphone with a 6.5-inch screen and a 50-megapixel main camera. Right to repair refers to a movement among consumer rights campaigners to make it easier for consumers to repair their gadgets. There is one drawback with the Nokia G22 — it only meets the IP52 benchmark on resistance against damaging substances, meaning it is not immune to water damage.
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