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Nokia idols dusk
PAGE \* MERGEFORMAT 19
Nokia idols dusk
July 1, Beijing, Nokia CEO Jorma Ollila the world once again coming out of China.
This is obviously a sensitive moment - after Nokia integrate the four joint ventures in China, enterprises, and, indirectly, to obtain a license to produce CDMA handsets. And two weeks later, Ollila will issue a disappointed investors in the second quarter earnings.
Of course, there are other reasons, his old rival Motorola Galvin, chairman and CEO Carl-Henric Svanberg, Ericsson’s new SARS have been in the shadow of the first step, he visited China.
Mr. Ollila late. In just a two-day China visit, in addition to, and state leaders to meet with partners of China Mobile, China Unicom and other secret talks, he’s another important mission is to urge Chinese companies to subordinates, to reverse the increasingly negative war situation.
On the surface, are the fault of SARS - Beijing from April to May compared with same period last year mobile phone sales down 55%, JP Morgan’s survey estimated that at least 1000-1300 million GSM mobile phone, therefore pressure in the channel, as a the world’s largest GSM mobile phone maker, Nokia suffer.
However, in the eyes of analysts, this multinational corporations headquartered in Helsinki, Finland troubles never more.
In 2002, Nokia in China, released a record 23 new products, but its market share has slipped to 18%, which is the data from the Ministry of Information Industry. Even worse, since 1999, Nokia has been the Chinese mobile phone giant Motorola regained the throne after the market share gap between the two has always been maintained at 7 or thereabouts. While the latter are gradually approaching rivals Nokia and Samsung. Even worse, this year, a quarter of China’s domestic mobile phone manufacturers to break the 50 percent share of the mark. But also in the emergence of the CDMA market, the company is also not as far.
In the July 17 release of the second-quarter results fully demonstrated
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