Business Strategy – India – November 2008 In the emerging markets, Nokia’s business strategy is to: Increase mobile usage in rural areas Reduce the mobile phone ownership and operating costs Bring the benefits of mobile telephony to people in emerging markets Bring the power of the Internet to these markets An end-to-end player with a [...]
Mobile Phones
Nokia to exit expensive Germany, move production to low cost countries
January 15, 2008 – Business Management Article Finnish cellphone maker, Nokia is planning to close its mobile devices plant in Bochum, Germany by mid-2008, stating that it is not competitive enough. Nokia, the world’s top cellphone maker, may cut up to 2,300 staff. Nokia is moving production to lower-cost regions and to its existing plants, [...]
Nokia increases market share, Motorola Struggles
January 25, 2008 – Business Management Article Nokia with 40% market share in the fourth quarter of 2007 In what is being regarded as the much-awaited and psychologically important milestone, Nokia (NOK), the Finnish handset maker and global giant, announced that it had achieved a 40% market share in the fourth quarter of 2007. This [...]
Nokia – A struggling market leader
Business Strategy and Management – January 24, 2009"In recent weeks, the macroeconomic environment has deteriorated rapidly, with even weaker consumer confidence, unprecedented currency volatility and credit tightness continuing to impact the mobile communications industry." – Nokia’s President and chief executive Olli-Pekka Kallasvuo. Nokia is the world’s largest handset manufacturer and the maker of four out [...]
Nokia’s Business Strategy in India
Case Study Abstract The focus of this case study is the business strategy adopted by Nokia in the Indian Mobile devices market. This case study summarizes Nokia’s business strategies in India. Nokia has proven itself as one of the most recognized brands in India in the past decade or so. This case also discusses in [...]