Sentences with phrase «ailing phone business»

It is still working through past missteps, such as its $ 7.2 billion acquisition of Nokia's ailing phone business, and continues to lay off thousands of workers.

Not exact matches

Finland's Nokia launched a new brand - licensed tablet computer on Tuesday which is designed to rival Apple's iPad Mini, just six months after the company sold its ailing phones and devices business to Microsoft for over $ 7 billion.

HELSINKI (Reuters)- Finland's Nokia NOK1V.HE launched a new brand - licensed tablet computer on Tuesday which is designed to rival Apple's (AAPL.O) iPad Mini, just six months after the company sold its ailing phones and devices business to Microsoft (MSFT.O) for over $ 7 billion.