Gloomy handset outlook flattens Transsion IPO

A pessimistic smartphone market outlook dampened investor interest in Transsion's IPO. Meanwhile, Nokia has found buyers for its FWA and private network assets, but its site implementation and microwave units remain in limbo.

• Weak handset market outlook flattened Transsion's IPO
• Nokia found buyers for FWA and private network assets
• Nokia's site implementation and microwave units still lack buyers