Defeat in smart phone, Nokia is looking for new CEO to replace Olli-Pekka Kallasvuo
July 20, according to foreign media reports, Nokia cell phone development in the field performance has been poor, especially in the Big Apple and other smartphone competitive market lost almost every step. Recently, a rumor said, Nokia is looking for a new CEO to replace current CEO Olli-Pekka Kallasvuo, Nokia’s hope this can change the current market conditions.
In 2007, when Apple introduced iPhone, the Nokia almost lost two-thirds of the market, loss of 78 billion U.S. dollars. Nokia hopes the new CEO to come up with effective measures, to convince investors and convince them that Nokia developed products to compete with Apple and Blackberry-Cheap cell phone.
It is reported that the CEO of Nokia substitutions on the matter very seriously, the Board is expected later this month on the new CEO selection of the decision. The sources, Nokia has already carried out at least two candidates for interview. Nokia chairman Jorma with after meeting • Ollila, a large U.S. technology companies Nokia CEO rejected the invitation, because he do not want to work in Finland. Nokia in the U.S. spokesman Laurie Armstrong said the company would not speculate on rumors of any evaluation. A spokesman for Nokia Corporation in Finland also did not comment-Wholesale cell phones.
It seems from the situation in the market, Nokia’s cell phones is still up to 40% market share, particularly in developing countries have a strong advantage. But Nokia’s sales in these markets are mostly low-end products, less profitable and thus limit the growth of the company’s profit margins. Analysts think that Nokia wants to compete with Apple and other companies also need to strengthen the operating system software and application developers to attract more support.
