Nokia abandons Japan market

Nokia Corp., battered by the popularity of smartphones, is abandoning the Japanese market, after a brief foray with luxury cell phones costing as much as 20 million yen ($250,000).

Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

Asia's IT parts makers struggle with demand boom

Wrong-footed by rocketing consumer demand, Asian technology suppliers are scrambling to expand capacity before inventories run dry of everything from semiconductors to flat-panel screens.

Nokia Siemens Networks to lay off up to 5,700

(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).

Top designers in your own home?

(PhysOrg.com) -- A web tool that analyses sales and design data from European home textile producers, distributors and retailers is boosting product development - and industry competitiveness.

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