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Nokia Corporation (ADR) (NOK) Highlights: Sensing XCHALLENGE Finalist,World’s Best-Selling Windows Phone Device, Lumia 625 Pre-Orders & More

Editor’s Note: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), AT&T Inc. (NYSE:T)

Elfi-Tech selected as finalist in $2.25m Nokia Sensing XCHALLENGE (ISRAEL21c)
Israeli medical device startup Elfi-Tech has been chosen as one of 12 finalists in the $2.25 million Nokia Sensing XCHALLENGE, a global competition aimed at revolutionizing digital healthcare. The contest is comprised of two competitions that are designed to accelerate the development of sensing technologies that capture meaningful data about a consumer’s health state, surrounding environment, and risk of developing a health condition. Elfi-Tech is the only Israeli company chosen as a finalist. Founded in 2006 by Dr. Ilya Fine, Elfi-Tech is developing a platform aimed at patient monitoring and first line home diagnostics. Using its ability to measure multiple existing and new parameters of vascular health, Elfi-Tech is introducing its own indices to allow for early detection of cardiac health issues.

Stephen Elop & Steve BallmerNokia endangers itself by following Microsoft – analysts (IVCPOST)
Microsoft Corporation (NASDAQ:MSFT) failed to meet the sales expectations on its Surface tablets running on the Windows RT operating system. Industry analysts said it would be hard to imagine Nokia Corporation (ADR) (NYSE:NOK) coping better than Microsoft. Yet sources told American technology news and media network “The Verge” said that the handset maker from Finland would roll out a tablet powered by Windows RT next month. Nokia’s venture in the tablet industry would make sense considering that the market for tablets is currently growing faster than the smartphone market. The company’s decision to receive billions from Microsoft has been more costly than profitable. The two companies recently had a deal wherein Nokia would support Windows as its mobile operating system in exchange for investment.

Nokia Lumia 625 pre-orders sold out on Indian retailer (iTech Post)
Nokia Corporation (ADR) (NYSE:NOK) recently launched the Lumia 625, which went up for pre-order on Indian retailer SnapDeal. Pre-orders for the handset have sold out already. The mid-range Lumia 625 is currently the biggest Windows Phone 8 (WP8) around. Nokia handsets have been very popular in India and previous WP8 smartphones such as the Lumia 520, Lumia 620 and more have been very well-received in the country. “With our largest smartphone screen to date, the Nokia Lumia 625 is a perfect example of how Nokia is delivering leading smartphone innovation and experiences at every price point,” said Jo Harlow, executive vice president, Nokia Smart Devices.

Nokia Lumia 520 is World’s Best-Selling Windows Phone Device (IBTimes.co.uk)
The latest data from Adduplex, a Windows-based cross-promotion network for applications, states that Nokia Corporation (ADR) (NYSE:NOK)’s cheapest Lumia model, the 520, accounts for 18% of all Windows Phone handsets sold, and 27% of all WP8 handsets. Another interesting snippet of information which has come out of the survey shows that overall 57% of WP8 smartphones use just 512 MB RAM, which indicates that lower-end devices are the best-selling devices running Microsoft’s operating system.

Nokia Lumia 1020 Price Drop in US: Select AT&T Markets Lowers 41MP Windows Phone 8 Smartphone’s Price at $199.99 [Report] (Latinos Post)
The price of the Nokia Corporation (ADR) (NYSE:NOK) Lumia 1020 has dropped by $100 in select locations in the U.S. The new Nokia Lumia device is traditionally priced at $299.99 since its debut on July 26 with exclusive carrier AT&T Inc. (NYSE:T), but a new report has shown the carrier is starting to diminish the cost. According to Boy Genius Report (BGR), the Lumia 1020 is priced at $199.99 when signing a two-year contract with AT&T in some markets in Florida and the Southeast U.S. The specific U.S. states were not detailed, but an AT&T spokesman has confirmed the price drop as part of a small limited-time promotion.

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