View Basket | Checkout

Items:, Value:
Phone Covers & Fascias

Mobile Chargers - Mains
Mobile Chargers - In-car
Bluetooth Headsets
Memory Cards
Sim Cards and Accessories
Mobile Data Cables
Mobile Cases & Protectors
Dual and Twin sim cards
Mobile Batteries

Main Pages

Product Pages

 


Mobile Games

Mobile Info Pages

Nokia's Multimedia unit to streamline its research and development activities [Back to News Reports]

11th January 2005 - Nokia's Multimedia Business Group will streamline its global research and development activities. This activity reflects Nokia's recently announced aims to increase the efficiency of research and development work across the company. Nokia has earlier set a target to bring overall Nokia R&D expenditure down to 9% - 10% of net sales by the end of 2006.

As a part of the activity, Multimedia product roadmaps have been streamlined and cross-functional synergies have been identified. Streamlining has a global scope but the downsizing is mainly expected to materialize in Germany and Finland. The number of personnel reductions will be decided after negotiations with employee representatives are finalized.

"Reducing personnel is always a very tough decision to make. However, the planned streamlining of our R&D network will enable us to grow our business in a profitable way without sacrificing future business potential," said Anssi Vanjoki, Executive Vice President, Multimedia, Nokia. "Our multimedia strategy remains unchanged. We see very strong momentum in our smart imaging business and while games, music and media are still in a more early development phase, we continue to see great potential also in these areas."

The planned reductions are expected to materialize gradually during 2005. The negotiation process will aim to find alternative solutions and assignments for as many employees as possible within Nokia.

 

Back to News Reports

 

 

 

 

 

 

 

 

 

 


[ Top ] [ Dual SIM ] [ Phone Covers ] [ Contact ] [ Cell Phone Accessories ] [ Disclaimer ] [ MobileGuru Blog ]
To Join our newsletter send e-mail to MobileGuru Newsletter

MobileGuru acknowledge all trademarks and copyrights as being those of their respective owners. Any perceived infringement should be brought to our attention by e-mailing enquiries. MobileGuru will remove any pictures or materials from this site upon request from the owner or an authorised person.

Last updated 28-Aug-2008

All Rights Reserved

Mobileguru Limited, Suite 107(i) Chaucer House, Biscot Rd, Luton, LU3 1AX
Company Reg No.04566682, VAT Reg No.859286274 . Copyright ©2002-2007