Nokia Is Planning New Venture Fund For Start-Ups. Fund May Include Money From Outside Investors

Article Abstract:

Nokia Corp. is planning to launch a second venture fund directed at the wireless industry.

Local Network Microwave Equip, Wireless LANs

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Nokia lifts outlook; shares slip

Article Abstract:

Nokia Corp. increased its earnings forecast for the 2003 third quarter. However, investors expressed little optimism for the forecast. The news caused Nokia's share value to drop by 4.4%.

Sales, profits & dividends, Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Securities, Company sales and earnings, Company earnings/profit, Company securities

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Nokia may ring up more gains

Article Abstract:

Swedish mobile telecommunications equipment manufacturer Nokia Corp. continues with its rise in gains. Even as the company is expected to exceed its fourth quarter and annual predictions, competitiors Ericsson and Motorla are hoping to regain their market share through the release of new lines of mobile phones. The coming year is not expected to be as profitable one as 1998 for Nokia, especially if there is any economic turmoil in China. That country's government, however, seems reluctant to neglect a substantial involvement in the mobile communications arena.

Market share, Mobile Radio Systems, Wireless communications, Abstract

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