Since the emergent of Android's technology innovation in the world market many high- tech firms especially phone makers have been struggling to cope with fiercer competitiveness in the market of smartphone.
Indeed the latest development in whirlwind of smartphone industry may not be felt much until the next few years. Current situation with Nokia and its global headquarter - Finland, far more than sad.
In my opinion, if Nokia is relocating to California, it may be corporate office and production plant remains in Finland. Am i foreseen acquisition coming from Microsoft? Who knows?
This is saddening in a way. You never want to see a nation hurt by the decline of one company's sales and profits. I knew Nokia was large in Finland but had no idea that it was considered such a national icon. That's a big image to live up to in the wake of the recession. It is unfortunate that Nokia had to layoff so many employees but I understand that they need to do what they must in order to improve their numbers. I'm sure Nokia could have done things differently to begin with to prevent such a massive layoff. It seems that it is the lowest person on the totem pole that feels the weight of the ax.
"Finns don't talk much about Nokia, and many even prefer phones from its biggest rivals, especially products from Apple Inc"
Susan,
Thanks for the post. Nokia is indeed struggling to compete with companies like APPLE and Samsung. But do you think Nokia+windows + Skype combination will be able to compete with Apple and Samsung?
Nokia is a company that lives in a market that changes every moment. By change I meant it can go upwards from its current state in no time. Let us wait and see Finnish connection strengthen more next time :-)
Can't say I'm too surprised by any of this... and part of this does seem to me to be classic "bandwagon" effect: when things are going well, people are enthusiastic and big fans and when things aren't going so well... not so much.
I think it's hard for even the most die-hard Nokia fans to be very supportive nowadays. These are tough times.
But if Nokia recovers and gets back on the right track, I wouldn't be surprised to see that Nokia suddenly re-emerged as a strong source of Finnish pride.
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Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
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Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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