Nokia's demise: the highs and lows of a once-mighty brand

Once the world's largest mobile handset maker, Nokia's brand has now been ditched by Microsoft

Nokia
(Image credit: ODD ANDERSEN/AFP/Getty)

Microsoft has announced that it is axing the brand name Nokia from its latest smartphone, which will be sold as the Microsoft Lumia rather than Nokia Lumia.

Microsoft bought Nokia's mobile division in April for $7.2bn (£4.6bn) and pledged to continue to produce Nokia-branded mobile phones for ten years. But the company is "currently having a big shake-up," reports the BBC, and CEO Satya Nadella announced cuts of up to 18,000 jobs.

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