Nokia Reorganizes Internal Structure Again
Nokia today announced another internal restructuring in hopes of streamlining its operations. The three new business units include Mobile Solutions, Mobile Phones and Markets. The Mobile Solutions division will focus on high-end devices running the Symbian and MeeGo platforms. The Mobile Phones unit will focus on entry-level and mid-range handsets running the Series 40 platform. The Markets unit will focus on sales and marketing activities, and managing operations. The new structure will be effective starting July 1, and Nokia believes it will help the company bring innovative products to market faster.
HTC to Drop Entry-Level Phones, Focus On Profits
HTC plans to exit the entry-level phone market moving forward and will instead focus its handset portfolio on high-margin devices. The company made the comments during a conference call with media to discuss its fourth quarter financial results.
Nokia Makes HERE Sale to Audi, BMW, Daimler Official
Nokia today formally announced the sale of its HERE Maps business unit to a consortium of three German auto makers. Audi, BMW, and Daimler have agreed to buy HERE Maps for $3 billion.
New Nokia Phones One Step Closer to Reality
HMD Global has hired a former Nokia executive to help kickstart its phone ambitions. HMD Global is a Finnish company that licensed the Nokia name with the intent of making Nokia-branded smartphones.
Nokia to Pare Down Its Technologies Unit
Nokia today said it intends to cut about 70 jobs from its Technologies unit. "Nokia Technologies has revised its long-term strategy and will consequently reshape [the] organization.
LG Says New V Series Phone Coming Soon
LG today reported its second quarter earnings and took the opportunity to tease a forthcoming handset. LG's mobile business increased revenues 12% from the first quarter to $2.86 billion, but "somewhat slow" sales of its G5 flagship and the associated marketing costs led the unit to a loss of $132 million.
Part of the problem with Nokia is that it is really a very large company. Nokia is the GM of the celluar industry and the amount of devices they produce is staggering.
But with size comes certain problems like gettings stuck into certain processes, certain suppliers, specific brands, etc. When GM re-org'ed itself and dropped the platforms that were producing, we saw GM take off.
I have been beta testing S^3 on an X16 for nearly 4 months and I will say that while it is no iPhone/iPad it is on par or better than everything else. It's simply different, in a Finnish/European type of way.
The Wiki on Nokia is really educating. So many App...
Nokia is a master