• Nokia may dump its health tech business

    10 days ago - By The Verge

    Has Nokia had enough of the health tech world? Just two years after entering the industry with its $190 million purchase of French company Withings, the company has announced it's launching a “strategic review of its digital health business.” A terse blog post said the firm was considering its “strategic options” with regards to health care, and that this “may or may not result in any transaction or other changes.”
    So, plenty of clear guidance there.
    What this means exactly isn't 100 percent clear, but reviews like this don't happen when everything is peachy. Nokia has had more than a few...
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  • Nokia Now Reviewing Its Stagnating Health Wearable Unit

    Nokia Now Reviewing Its Stagnating Health Wearable Unit

    10 days ago - By Android Headlines

    Nokia on Thursday announced it started an official review of its Digital Health division which produces wearables and devices such as smart scales. No official reason for the “strategic review” of the unit has been provided by the company and the probe doesn't encompass its related businesses such as Nokia Technology, Technology Licensing, and Brand Partnerships. The review may not necessarily result in any changes to the division or divestments, Nokia said, without providing a specific timeframe for the completion of the probe.
    The unit that's now finding itself under scrutiny largely...
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  • Nokia is launching a 'strategic review' of its health business

    Nokia is launching a 'strategic review' of its health business

    10 days ago - By The Inquirer

    Withings or without?
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  • Nokia to consider the future of its Digital Health business

    Nokia to consider the future of its Digital Health business

    10 days ago - By GSMArena

    Nokia purchased the French digital health company Withings back in 2016 and less than two years later is considering what to do with it. An official press release stated the Digital Health business is going into strategic review, effectively meaning Nokia is thinking if it should sell or even shut down the whole department.
    Nokia Steel HR
    Losing the Digital Health division could be a big blow for Nokia. The info about a strategic review comes just 4 months after canceling the OZO VR project due to slower-than-expected development of the market.
    In the brief press message the...
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