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Nokia makes executive changes after poor Q3, market share loss in smart phones

Nokia reshuffles executive team after poor Q3

HELSINKI — Nokia Corp., the world’s biggest cell phone maker, announced changes to its executive team on Friday — a day after it reported a sharp fall in market share of smartphones and a net quarterly loss.

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Nokia makes executive changes after poor 3Q, market share loss in smart phones

Nokia reshuffles executive team after poor 3Q

HELSINKI — Nokia Corp., the world’s biggest cell phone maker, announced changes to its executive team on Friday — a day after it reported a sharp fall in market share of smartphones and a net quarterly loss.

Full article (292 words) »

Mobile phone maker Sony Ericsson’s loss widens in 3Q, but announces new financing

Sony Ericsson 3Q loss widens; gets new financing

STOCKHOLM — Mobile phone maker Sony Ericsson on Friday said its losses widened to €164 million ($245 million) in the third quarter, mainly due to plunging sales, but reassured the market by announcing it had secured new financing from external investors.

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