It seems that the end is coming for the Finnish company. When you have little tactical room with no apparent backup strategy, you have certainly reached a critical point in your business.
"Nokia can look for new and different market and will get eventual breakthrough in near future."
Easier said than done. This new and different market is called "emerging countries". But there Nokia can just sell its low-cost products. Obviousely, that cannot help the company compete with its rivals.
Nokia's LUMIA model is being advertised very agreesively in India market with a lot of TV commercials and it seems to have made some imapct here . Recently I saw my niece buying this phone and it looked really sleek , light weight compared to the Samsung Galaxy and elegant.
In India Nokia brand very popular because of a very sturdy and durable design of its phones and I am sure with agressive marketing here Nokia can regain its leadership position.
"A year and a half after Windows Phone 7's debut, it has changed little. In effect, the gap in features between Windows Phone and Android or the iPhone has widened and not shrunk as Nokia needed it to".
I think Nokia will need to come up with a quick strategy here. It is unlikely Lumia 900 will bring Nokia the leverage anticipated at least not in the US by all accounts.
I am feeling sympathetic to Nokia over and over again. While being the pioneer of quality and cheap phones in the last 2 decades, I cant believe that within 3-4 years time it stands nowhere esp in the smartphone category. And failing in the smartphone category means failing in the future.
Meanwhile, with rocks thrown from all over the place, Nokia needs to believe in its ability to build user-friendly and quality phones and it will not be for the first time that it has to do it. It carries tons of experience which other manufacturers dont have, atleast that to Nokia's extent and this should be a big plus for Nokia to make a come back.
Also, its worth mentioning that Nokia has still not lost its reputation that much in many developing and under-developed economies, which are and have been big markets in terms of units sold and Nokia should make them their target market if it needs to capture some of smartphone market's ground.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
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.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
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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