Yes Bolaji, today I had read in EE news about Nokia's plan for cut nearly 10000 jobs worldwide. According to the news they have also plans for shut down its R&D centre at Germany and Canada along with the only manufacturing unit in Finland. This will help Nokia to save annually around 1.6 billion Euros. In general perspective, they are in a wind up stage.
Bolaji, Nokia have only one manufacturing unit and planning to shut down it. So according to your analysis, what would be the future of Nokia? With only R&D centers whether they are able to survive or they are paving the way for a natural death. Whether they have any plan to diversify the shut down facility for a last minute breath with windows based phones & tablets. As a well wisher of Nokia, we would like to know about it.
I thought in between Nokia would pick up with few products they launched and may be move to a better state . Now this comes as a shock how time can change a big organisation to this state. There was a time when consumers use to wait for launches from Nokia and buy them.
Some folks have suggested they have no other options but to cut their way out. I believe more important than cost-cutting is having a growth story. What's Nokia's growth plan? The CEO talked about seeking ways to reduce operating cost but he didn't outline how to increase sales. That's what the market needs to hear.
"Whether they have any plan to diversify the shut down facility for a last minute breath with windows based phones & tablets."
Windows based mobile devices? Marketability of this platform i have not seen it. May be they should ditch it for Android or better still Symbia. Windows cant battle it out in mobile market.
Wale, The fact that Nokia is allowing itself to be used to test and market an unproven operating system is deplorable. Windows may overtake everyone else in two or 5 years but that's not helping Nokia now. I've read extensively reports from analysts, media and consumers about Nokia's strategy and the consensus seems to be that people think Nokia should embrace Android OS or at least include it in its offering. Is anybody listening over in Finland?
@t.alex what do you think could be the reasons for Nokia's Lumia failing to pull more sales for the company? I stated it here sometime - "is mega picture elements (pixel) of Lumia phone" key that would make it compete well with the likes of iPhone and Samsung?
Trust - i have to agree with you on that. Also think short publicity and lack of indepth market campaign are contributing factors to Lumia poor sales.
t.alex, technically Lumia 900 is a good device with lots of features, but lack of sales support and advertisement made the sales down. I think another reason may be the windows OS, where most people's have a craze about Android flavors and iOS.
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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