Bookmark and Share


The new chairman of Nokia Corp. will not adjust the company's strategic goals or attempt to shift strategy, he said on Thursday at the meeting of the board of directors. Risto Sillasmaa believes that Nokia is on the right track and has the right execution team to rebuild the company.

“I don’t think any new change is required as we are going through a transformation period already. I am confident that Nokia has the right team, right strategy and now increasingly also the right products,” said Risto Sillasmaa, the chairman of Nokia appointed on Thursday, reports Financial Times.

Many shareholders argue that Nokia's current strategy to transit to Microsoft Windows Phone platform is not the right one and note that the actual Lumia products are not getting popular citing sales figures to date: around two million units of all Lumia models worldwide.

At present, it would not make a lot of sense to change short- and mid-term strategic plans as appropriate handsets are already developed and get finalized now. Essentially, Nokia's late 2012 lineup has already been designed and no major changes can be done at this point if Nokia wants to sell hardware this year at all. Moreover, chairmen are not usually involved into creation of particular products, but rather into pointing directions for the company's evolution. Essentially, the new chairman will just follow Stephen Elop's plan to transit to Microsoft's software.

Smartphones are clearly a key, but only one element of the mobile always-connected computing era. There are tablets, transforming tablets, notebooks, various hybrid devices and so on. Both Apple and Google already provide software platforms for various devices, while hardware designers thinking of new form-factors. Nokia, which used to make tablets in early 2000s and even released netbooks in late 2000s, understands the mobile trends, according to Jorma Ollila, the former chairman of Nokia, and is preparing its own breed of devices. Moreover, Nokia plans to offer special services that would differentiate it from the rivals.

"The combination of new products and Nokia services will make a difference. [...] Tablets are an important one, so that is being looked into, and there will be different hybrids, different form factors [handset designs] in the future,” said Mr. Ollila earlier this week.

Tags: Nokia, Lumia, Windows Phone, Microsoft, Symbian


Comments currently: 4
Discussion started: 05/04/12 11:36:59 AM
Latest comment: 05/07/12 01:35:00 PM
Expand all threads | Collapse all threads


Nokia is definitely trying to differentiate themselves from the competitions, whose phones are mostly iPhone-wannabe. I currently have one of them Samsung Galaxy S phone and can't wait to swap it out. For better or worse, Nokia gives the consumers another option.

So, hang in there, Nokia. I am waiting for W8 to get one of your Lumia phones, as many others are from what I've read, unless you screwed up.
1 0 [Posted by: gamoniac  | Date: 05/04/12 11:36:59 AM]
- collapse thread

I agree, Nokia is working on a lot of new ideas to bring to the smartphones. I hope they are supported in the next version of WP. btw. WP8 not W8 and maybe W8RT for Nokia tablets.
0 0 [Posted by: Memristor  | Date: 05/04/12 12:22:39 PM]

W8 is the new WP8 but they dropped the phone aspect of it because win8 will be the same for desktop, laptop and , mobile platforms. There is no WP8 moving forward for Nokia
0 0 [Posted by: veli05  | Date: 05/07/12 01:35:00 PM]


Add your Comment

Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month