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nokia losses

Nokia sells 500 patents to Vringo in order to stay afloat

Nokia is going through major financial turmoil right now. During the recession year of 2009, Nokia’s turnover was slashed by a fifth, and profits had crashed by a major volume. In 2010, Nokia’s sales grew and the company‚Äôs profit figure grew briskly, however, share price remained record low, which brought burdens for a change in