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Nokia places its digital health business under review

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Nokia places its digital health business under review

Nokia Corp. has begun a strategic review of its Digital Health business which includes hybrid smart watches, scales and digital health devices.

The Finnish company said that its ?patent business, brand partnerships and technology licensing units are not in the scope of the strategic review?.

It is planning to cut up to 425 jobs in Finland in 2018 as part of a 1.2 billion global cost-savings program which was announced after its acquisition of Alcatel-Lucent in 2016, Reuters reported.