Nokia shutters German handset factory
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2,300 layoffs Nokia is shut down its Bochum plant in Germany by mid 2008. The closure will affect at least 2,300 Nokia employees, the company said today.â¦
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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.
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Nokia (NOK1V.HE), the world's top  cellphone maker, said on Tuesday it plans to close its plant in  Bochum, Germany, by mid-2008 and may cut up to 2,300 staff as  it moves production to lower-cost regions.
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NOKIA&#39;S SALES SLIDE has been halted according to figures released by the Gartner Group. The analysts predict Nokia&#39;s share of the global market crept back to almost 30 per cent.
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The mobile phone giant Nokia said that Sari Baldauf, head of its networks unit and long seen as a possible successor to company chief Jorma Ollila, will leave the group early next year.
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Nokia, the world's largest mobile phone maker, said it would cut costs in its Multimedia Business Group by shedding workers in the division's research and development department.
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Nokia, the world&#39;s largest mobile phone maker, this week took legal action against two European manufacturers for allegedly infringing on technology patents and registered designs.
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Nokia has bowed out of the ringtone market following poor sales from its Club Nokia website. Its exit should also smooth relationships with mobile network operators which think that their hardware providers
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Mobile phone maker Nokia Corp. opened a factory in Romania on Monday as part of a program to shift production to low-cost locations in Europe and just hours after angry protests in Germany over plans to shutter a plant.
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BERLIN â Once dubbed the Frankenphone by unimpressed mobile phone aficionados, Nokiaâs oval, game-focused N-Gage model quietly disappeared from the market not long after its introduction in 2003.
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German unions on Thursday called for a  consumer boycott of Nokia (NOK1V.HE) products to protest  against the cellphone maker's plans to close a German plant.
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Nokia said the head of its networks  unit had resigned and another senior networks executive left,  marking the second round of departures of top management in two  weeks at the world's top mobile phone maker.
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Nokia Chief Executive Olli-Pekka Kallasvuo said in an interview published Thursday that the company will not change its decision to shut a mobile phone manufacturing plant in Bochum, Germany, despite widespread protests and possible damage to Nokia's image.
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DUESSELDORF, Germany  - The German state of North  Rhine-Westphalia and Nokia   will seek  "innovative solutions" for a plant that the Finnish mobile  phone group plans to close to cut costs, the state said on  Monday.
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Nokia Corp., the world's largest mobile phone maker, took legal action earlier this week against two European manufacturers for allegedly infringing on technology patents and registered designs.
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Stockholm - Nokia, the world&#39;s biggest cellphone maker, took market share in the second quarter by cutting prices and introducing new models, rebounding from its lowest level since 1999, market researcher Gartner said yesterday.
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Nokia plans to fold all its mobile phone development efforts into a single new business unit.