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Nokia sells its HQ in Finland, to stay there on a lease

04 December, 2012 | Read the news | Post your comment
Nokia sells its HQ in Finland, to stay there on a lease - read the full textNokia's financials aren't what you'd call great lately, and as a result the company is selling its headquarters building in Espoo, Finland for 170 million. The deal is expected to be finalized by the end of the year, but the company has no plans to move out afterwards. Instead it will lease...

 

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Harsh conditions require certain radical measures and am totally not surprised at this move.Nokia is in a very dicey situation and i do hope all the strategies that have been employed pay off...business is business,away with sentiments...good!

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  • 2012-12-04 15:38
  • fuNc

I am sure that Nokia are going to present Android phone Q1 2013 with surprise

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  • 2012-12-04 15:37
  • ibrm

> In reply to Troopify @ 2012-12-04 15:17 from fxHY - click to readBut still samsung phones have average cameras. Sub par build quality. But then again,for a samsung fan these features are irrelevant. Cmon a camera is the most used feature on a smartphne

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  • 2012-12-04 15:35
  • KFNy

The biggest blunder that Nokia's ever done was when they allow Microsoft to takeover and made WP their primary OS. They could just have remained "open" and just adopt other OS. They could be doing Android by now. Look at Samsung, they're reaping profits from devices with Android and yet not going full blast on WP.
Nokia could have harness Symbian and incorporate it with the latest hardware demand like full hd display. There's still a huge Symbian fan base.

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  • 2012-12-04 15:35
  • t7r2

Just to put things into perspective Nokia sells its HQ for 170 million, while Apple has 85 billion in cash, I mean wow... just wow. I really hope Nokia survives... besides the obvious blow to Europe, theres just too much crap is coming out of Asia.

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  • 2012-12-04 15:31
  • pI@Y

> In reply to u_madded? @ 2012-12-04 14:11 from bJbn - click to readOther companies have both OS lines (Windows and Android). Can you guess which of their phones more people choose to buy? It's easy to guess.

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  • 2012-12-04 15:28
  • t7WF

Nokia dont give up start making Android phones of same shape of N9 and you will be rock the world again

I Love Nokia pices.. specially Nokia 3310 and recent Nokia N9

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  • 2012-12-04 15:28
  • 2Z7n

We, the Nokia fans, were not living in the Nokia Headquarters,,,,;,, so, either Nokia sell it's Headquarter or buy new one, we Love Nokia and will loe it forever,,,,,,,
Nokia is the Best .....

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  • 2012-12-04 15:24
  • fBhn

> In reply to Eddi @ 2012-12-04 15:07 from fsZ3 - click to readApple does not make the hardwares of
IPhone .Samsung, Sony, Qualcomm and Sharp manufacturing their hardware parts.. update your knowledge ...



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  • 2012-12-04 15:24
  • M7Xp

it is time for nokia to go for plan B after seeing the quarterly result. i am a diehard fan of nokia .i am using nokia phones since 1999 and i tell u i never get a single defect in my phones , never visited nokia customer care.there feature phones are best in the world . wishing good luck to nokia that they come out with a good strategy. and elop i must say you destroyed nokia just f888k off

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  • 2012-12-04 15:22
  • uvcQ

R.I.P.

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  • 2012-12-04 15:22
  • Nwm}

> In reply to himpunetha @ 2012-12-04 15:10 from 7wCv - click to readI don't think owning a phone is about always updating os to the latest. That's just a necessary process when available. The point of owning a smartphone is increase productivity (or entertainment while on the go). If an os version satisfies that already then I don't care if there's no more updates to come. When time comes I want to upgrade I will buy a new phone.

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  • 2012-12-04 15:22
  • t7WF

> In reply to Troopify @ 2012-12-04 15:04 from fxHY - click to readdisconnecting Building; not people.

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  • 2012-12-04 15:21
  • 7Dm%

> In reply to himpunetha @ 2012-12-04 15:10 from 7wCv - click to readWP8 will successful but it will never save nokia's ass. Microsoft will earn and nokia will down.

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  • 2012-12-04 15:21
  • fxHY

Best NOKIA before,
Worst NOKIA today! Why it so happened?

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  • 2012-12-04 15:19
  • v0qx

> In reply to James Hunt @ 2012-12-04 14:42 from 7txg - click to readWhat do you understand about business? Nokia is selling their HQ as they are not doing well. They need the money very badly.

When Nokia jumped on the WP bandwagon for some $250 million from Microsoft, it was obvious that the company was struggling financially and also they had lost grip over the smartphone situation.

Nokia sold their soul when they killed Meego. Selling the HQ was easier.

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  • 2012-12-04 15:18
  • tR3S

I would have picked a Nokia Android phone anytime and know lots of people who would have done the same.

Phone makers that offer both Android and Windows earn money from their Android phones and practically nothing from their Windows phones.

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  • 2012-12-04 15:17
  • t7WF

> In reply to Eddi @ 2012-12-04 15:07 from fsZ3 - click to readI like all brand's good products. To be frank nokia never was the only maker of good hardware. And samsung's many products were damn good and were better than many nokias. Same goes for some products of sony ericsson. Good hardware now available everywhere. And u may say lumia 920's hardware is great but at the same time it is a stupid heavyweight bulky device for many people. Whatever samsung's galaxy series isnt seeing any premium design and build quality but I think its great and better than any nokia phone.

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  • 2012-12-04 15:17
  • fxHY

I think WP8 is gonna be successful(Though not much in comparison to Android) as the interface is innovative , unique in design and provides some unique features though it lacks some when compared to android.
Its just a matter of choice some like the look of android , some like ios , some like windows phones.
I think WP8 and WP 7.8 platform will help Nokia gain some market share .
But it would have been better for Nokia if it still supported Symbian and Meego platforms along with Windows phone platform.
I just bought a Lumia 510 and i love it , WP7.5 is fast and fluid and browsing is great in the device , would be great to get WP 7.8 update as soon as possible.

I like android too , but most companies dont support updates for their low-end smartphones like samsung never released updates for galaxy y , ace , ace plus etc smartphones .
Also sony is not gonna update tipo to jellybean.

well , hope best for nokia

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  • 2012-12-04 15:10
  • 7wCv

To be frank, Nokia is the best phone hardware maker.... maybe Apple can come second. I dont like the design and general hardware of Samsung and some other Android OEMs. But the fact is that Software is the King when it comes to smartphones. Elop himself know that but i wonder where his ego/arrogancy will take him. I may understand the intergration of Nokia/Here maps in WP OS, but i dont think its worth it. Do these guys (Nokia) do research to listen to the customer. They are not winning on teh high end and they are bleeding on the low end. In Africa where my grand mom knew every phone to be nokia, its now dead, its chines now (TECHNO, GTD ect) and the samsung galaxy mini. Am watching the space. I dont believe that WF OS will catch up even to teh 3rd place. Good luck Nokia

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  • 2012-12-04 15:07
  • fsZ3

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