Nokia wants to be more like Internet company
Submitted by cpv on Sun, 05/11/2008 - 09:07.
Although they are officially the largest phone manufacturer, Nokia has vision that in the future they need to act and behave like Internet company to get survived. The CEO said that in front of stockholder meeting in Finland. They want Apple, Google, and Microsoft as examples. They make no mistake in this tough competitive business world.
Nokia will restructure two divisions, Devices & Services and Nokia Siemens Network (NSN), to be more focus on developing new business around Internet services. Other than that, Nokia is expecting big increase in phone shipping, while still continuing cost saving for NSN. NSN is on going for saving 2 billion Euros.
[ via Washington Post ]