GO
Loading...

Nokia enters the great tablet race

Tuesday, 22 Oct 2013 | 4:34 AM ET
Nokia unveils six new products
Tuesday, 22 Oct 2013 | 11:44 AM ET
Nokia revealed six new products on Tuesday in Dubai, including smartphones and tablets, but Stephen Elop said the unveiling was unrelated to the Microsoft acquisition, reports CNBC's Yousef Gamal El-Din.

Nokia unveiled its first tablet and two large-screen smartphones, known as phablets, at the annual Nokia World event in Abu Dhabi on Monday.

The Lumia 2520 tablet, along with its Lumia 1520 and 1620 phablets, are among the last products the Finnish company developed to compete with Apple and Samsung before deciding to sell its handset business to Microsoft.

The new Lumias use Microsoft's Windows Phone operating system and will face tough competition from large-screen smartphones from Samsung and Apple, which is also expected to unveil slimmer, faster iPads on Tuesday.

The Microsoft deal is due to close in the first quarter of next year and the new products, which will still carry the Nokia brand, are part of the U.S. company's drive to become a leading player in global consumer devices.

  Price   Change %Change
NOK
---
AAPL
---
MSFT
---

Featured

Contact Europe News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Europe Video

  • Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.

  • Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.

  • European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.