Nokia shrinks &#39;brick&#39;
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Handset maker Nokia unveiled on Wednesday a slimmer version of its Communicator in hopes of luring women and less-techie businesspeople.
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(InfoWorld) - Nokia Corp., the world's top handset maker, said on Thursday it plans to reshuffle 700 employees over the next few months, citing a need to improve its focus and efficiency. Nokia will try to move some employees into new positions in the company, while others could take voluntary severance packages, said Arja Suominen, vice president of communications. She said she did not know many employees would be laid off, although the company will study the shuffle. Those affected are 360 employees in Nokia's Enterprise Solutions business group; 140 in the Software Platforms area of its Technology Platforms unit; 130 who deal with the company's global IT operations; and 30 in Customer and Market Operations. It wasn't clear where the remaining 40 employees work, although Nokia said the changes would affect a maximum of 700 workers. Nokia said 340 of those staff affected are based in Finland. Nokia employs 68,000 worldwide. Nokia said its Enterprise Solutions division would take a sharper focus on markets where there is a greater return on investment. Nokia posted losses for the division in every quarter in fiscal 2006, including an operating loss of â¬64 million (US$83 million) in the fourth quarter. "It's very clear we will need to make that business profitable," said Olli-Pekka Kallasvuo, president and CEO of Nokia, referring to the enterprise division. "We're looking at different options in order to do that." He spoke during a press conference at the 3GSM World Congress in Barcelona on Monday and didn't hint at the cuts announced on Thursday. Nokia said it also wanted greater efficiency from the R&D (research and development) efforts of its Technology Platforms unit. Nokia has suffered declining sales in North America while the average selling price of its models has also fallen. However, profits and revenue have remained strong, and the company reported a 19 percent increase in net profit for its fourth quarter ended Dec. 31, 2006, over a year prior, up to â¬1.3 billion. Â  Nancy Gohring in Barcelona contributed to this report.
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In a press event in New York Tuesday, Nokia announced several new phone models, focusing on multimedia. Three of the phones are special black music editions of previously released models, although two are completely new devices.
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InfoWorld - Nokia introduced the successor to its popularÂ N95 mobile phone, the N96, featuring a slightly larger screen, as well as an upgraded mapping program.
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HELSINKI: Nokia, the world&#39;s largest mobile phone maker, plans to bring 40 new handsets to the market next year as it seeks to expand its already dominant market share amid increased competition from rivals Motorola, Samsung Electronics and Sony Ericsson.
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Nokia has announced its third quarter results, beating expectations and growing market share, but showing a decline in revenues from mobile phones after a price cuts pushed through in the previous quarter.
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Nokia, the world's biggest handset maker, unveiled on Wednesday a miniature version of its equivalent of the Swiss Army knife it hopes will lure women and less-techie business people.
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Nokia, the world's largest cellphone  maker, unveiled on Monday four new multimedia phone models,  including successors to its top N95 and N73 models.
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Trying to regain some of its lost market share, Nokia Corp. is hoping to woo both enterprise and consumer customers with a lighter, sleeker version of its high-end Communicator handset that will be released worldwide at the beginning of next year, the company announced Wednesday.
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Nokia , the world's largest  cellphone maker, unveiled four new multimedia phone models on  Monday, including successors to its top N95 and N73 models.
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The world's top cellphone  maker Nokia on Tuesday cut its profit margin forecasts for the  next two years and joined market analysts in forecasting slower  growth for the global mobile phone market in 2007.
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Nokia (NOK1V.HE), the world's largest mobile phone maker, expects slowing mobile phone growth in 2005 but plans to launch more phones next year and regain lost market share, the company said on Thursday.
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Nokia&#39;s N-Gage QD addresses many of its predecessor&#39;s problems, but it&#39;s still a big phone. Nokia&#39;s N-Gage gaming cell phone was the Gigli of the tech world when it first came out last year.
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Trying to regain some of its lost market share, Nokia Corp. is hoping to woo both enterprise and consumer customers with a lighter, sleeker version of its high-end Communicator
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Urban canyon? What urban canyon? Nokia has tacitly admitted the GPS units it builds into a small number of its mobile phones are having problems quickly calculating their locations and has fallen back on data sent over the mobile phone network to mitigate the issue.â¦
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Leading mobile phone maker Nokia   said on Thursday it would introduce three new phone  models to its line-up, two of them mid-range and one at the  higher end of the market.
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(InfoWorld) - Nokia plans to fold all its mobile phone development efforts into a single new business unit, reflecting the growing importanceÂ of its business of multimedia and Internet-enabled devices. The new Device unit, as it will be called, will produce all of Nokia's mobile devices, including more traditional mobile phones, as well as Internet-enabled devices like the N series. The products were previously produced by three separate divisions, for mobile phones, multimedia, and enterprise solutions. As part of the reorganization Nokia will also create two other new divisions, called Software & Services, and Markets, to replace its existing structure. The divisions will all be launched on Jan. 1, 2008, the company announced Wednesday. "When we introduced the [current] structure in early 2004, the market was still very voice centric at the time," said Nokia spokeswoman Arja Suominen. "The other areas were small but have grown much since then. So it makes sense to bring all these together in one unit." Nokia said the changes will help to make its product development and manufacturing operations more effective and reduce the time it takes to bring new products to market. "This isn't a cost-cutting exercise," Suominen said. "We seek greater efficiency." The move comes as Nokia faces new low-cost challengers from Asia, as well as markets with high levels of phone penetration in developed countries. The current enterprise solutions unit will be split up, with business phones such as the E90 Communicator and the E61 smart phone to be merged into the device unit, and enterprise systems such as e-mail and security to be rolled into the services & software unit. The services & software unit will also be in charge of all software products, including games, and Internet services, including navigation and music, that consumers can purchase separately. Operating system software, such as the Series 60 OS, will be part of the device unit. The device and services & software units will have their own research and development (R&D) teams. The Nokia Research Center will continue to pursue long-term research at the corporate level. The third new unit, markets, comprises manufacturing, distribution, sales and marketing. The changes will also be reflected in Nokia's financial reporting. Beginning next year it will publish financial figures for two segments: devices & services andÂ Nokia Siemens Networks. Nokia joined forces with Germany's Siemens last year to form the joint venture Nokia Siemens Networks. The new device unit will be headed by Kai ÃistÃ¤mÃ¶, who is currently in charge of Nokia's mobile phones business group. Niklas Savander, currently in charge of technology platforms, will head the services & software unit. The markets unit will be the responsibility of Anssi Vanjoki, who is currently heading the multimedia business group.