Down but not out, Nokia hits back with Lumia

When Finnish electronics giant launched its Lumia line of smartphones, it signaled to the industry that the former world leader in mobile was not yet out of the game now dominated by Asian brands.

When Finnish electronics giant launched its Lumia line of smartphones, it signaled to the industry that the former world leader in mobile was not yet out of the game now dominated by Asian brands.

Finland’s Nokia, struggling to remain the world’s top mobile phone maker amid fierce competition, launched Wednesday its first smartphone using the Windows platform, which it hopes will secure profitability.