• After spending $191 million to advance its wearables division, Nokia might be giving up on them completely

    One year ago - By Business Insider

    Nokia has announced a "strategic review" of its digital health division, which includes smartwatches and smart scales.
    The review comes less than two years after Nokia spent $191 million to acquire Withings, a French electronics startup specializing in wearables.
    Nokia also plans to cut more than 400 jobs in its home country of Finland.
    Nokia is reconsidering the future of its wearables division.
    The Finnish tech company announced on Thursday it would be initiating a "strategic review" of its digital health business, which includes smartwatches and fitness trackers, as well as smart...
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