Nokia splits phone arm for smartphone push

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The Independent Online

Nokia is splitting its phone business into three as it seeks to improve its smartphones, having come under pressure from competitors.

The handset maker will divide into units known as Smartphones and Mobile Phones, which will operate alongside the group's Solutions business. Smartphones will focus on improving expensive handsets, while Mobile Phones will be responsible for traditional, lower-cost phones. The Solutions unit seeks to dovetail phones and its services, such as games.