Windows Phone based Smartphones register highest YoY growth

The International Data Corporation (IDC) released its latest Worldwide Quarterly Mobile Phone Tracker!  Here are a few key takeaways from the report: Total Smartphone market grew 51% YoY Smartphones based on Windows Phone registered highest YoY growth in shipments (77.6%), followed by those based on Android (73.5%) & iOS (20%) Nokia registered a 73.2% YoY growth in Windows Phone shipments; while Samsung registered a 233% growth in the same category (perhaps due to the very low base figure)

Nokia buys back Siemens’ stake in NSN

Via Wall Street Journal Online & Businessweek Bloomberg: With Nokia Siemens Networks having returned to profitability in Q1 2013, Nokia bets on the telecom network business – will pay €1.7B to buy back Siemen’s 50% stake in the JV. Nokia will finance this purchase with a combination of external bank financing (€1.2B) and a secured loan from Siemens (€0.5B).