“Industry” Articles

Nokia plans to develop its operations at the Salo plant in Finland to ensure production is focused fully on the high-value smartphone market, especially in Europe, and it also intends to further increase speed and efficiency of its device production. In the process of this development it is expected that 285 employees effected. Juha Putkiranta, Senior Vice President of Markets, Nokia, stated that, “Salo is a crucial part of Nokia’s global manufacturing network. Plans involving changes to employees are always painful, and they are set in motion only after thorough consideration. However, with these plans our aim is to ensure the plant’s future competitiveness and its special role as one best suited to the production of high value mobile devices.”

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The Symbian Foundation has just announced that Symbian, the worlds most popular smartphone operating system, is now officially open source. In 2008, Symbian Software Limited was acquired by Nokia for USD 410 million, and in April 2009 a new independent non-profit organisation called Symbian Foundation was established. The foundation includes Nokia, AT&T, LG, Motorola, NTT Docomo, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments and Vodafone. The Symbian Foundation’s decision to make its code open source means that any organisation or individual can now use and modify the code for ‘any purpose.’

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Nokia has today announced its Q4 2009 results, reporting an operational profit of EUR 1.141 billion and net sales of EUR 12 billion, down 5% year on year (up 22% sequentially). The devices and services sector saw net sales of EUR 8.2 billion, up 0.5% year on year (18% sequentially), and converged device sales were 20.8 million, increasing the worldwide smartpohone marketshare to 40%. Nokia has also reported estimated industry mobile device volumes of 329 million units, up 8% year on year and 14% sequentially, with 126.9 million Nokia mobile devices, up 12% year on year (17% sequentially).

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