Baldauf, Bergqvist to Leave Nokia
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A pair of top executives in charge of the networks division at mobile phone giant Nokia Corp. are leaving the company for personal reasons, the Finnish company said Friday.
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LONDON, England -- German Berti Vogts has resigned as Scotland coach after 2-1/2 years in charge following &quot;disgraceful abuse&quot; by a &quot;tiny minority&quot; of fans.
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Nokia, the world's largest mobile-phone maker, has lowered its profitability targets in spite of rising sales, highlighting the growing difference in its performance with that of rival Ericsson.
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Greg Canessa explains his departure and the future of casual games. In Game|Life.
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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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Phone fury (and carrier cringes) Letters After my piece lamenting how Nokia's high end phones had lost their ease of use and reliability, we got a letter from reader Brendon McLean. "It's not just Nokia!", wrote Brendon - "but an industry-wide problem". And he encapsulated his complaints very succinctly. So we invited him to expand a little, which he did here yesterday.â¦
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Freescale Semiconductor Chairman and CEO Michel Mayer will leave his posts as soon as a replacement is found, the company said Friday.&quot;The time is right for me and my family to take some time off before exploring new challenges. The company is well positioned to continue its transformation,&quot; Mayer said in a statement.Freescale officials didn&#39;t respond to requests for comment.Mayer led the company when it spun off from Motorola&#39;s semiconductor group and went public in 2004. He also played a role in Freescale&#39;s buyout by four private equity firms in 2006 for $17.6 billion. The equity firms included The Blackstone Group, The Carlyle Group, Permira Funds and Texas Pacific Group.However, the company has been struggling financially, posting a loss of $525 million on sales of $1.54 billion in the fourth quarter of 2007. For 2007, the company reported a loss of $1.6 billion on net sales of $5.7 billion. Freescale&#39;s sales totaled $6.36 billion in 2006.The company&#39;s key customer remains Motorola, to which it sells chips for wireless handsets, networking infrastructure and other devices such as set-top boxes. Motorola, which is struggling financially and saw a management shakeup in recent months, is considering spinning off its handset business. Ed Zander announced in December that he would step down as Motorola&#39;s CEO.
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Nokia took the wraps off four new entertainment devices that also work as cell phones.
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Nokia Corp., the world's largest mobile phone maker, plans to shut down its Florida phone refurbishing plant by September 2005 and cut 400 jobs.
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Nokia is laying off 2300 employees at a German factory and moving production to lower-cost sites.
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InfoWorld - Mobile phone maker Nokia will lay off 2,300 employees at a German plant and move production to lower-cost European sites, the company announced Tuesday.
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Ingrid Osmundsen, manager of the Swedish sales organization has decided to leave Lindex.
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Finland's Nokia, the top global mobile phone manufacturer, said Tuesday that it planned to close a factory in Germany by mid-year which employs 2,300 workers.
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Nokia , 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 plans to fold all its mobile phone development efforts into a single new business unit.
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The company has decided to leave the public markets.
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com September 22, 2004, 11:20 AM PT. Royal Philips Electronics announced on Wednesday that the chief of its semiconductor division will step down effective early next year.