Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Nokia unit to streamline its Multimedia research and development unit
Posted on 11-Jan-2005 22:59. | Tags Filed under: News.



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.



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

What's your take on this whole no conviction rugby thing.
Created by Mspec, last reply by dejadeadnz on 30-Sep-2016 22:51 (116 replies)
Pages... 6 7 8


FPP elections considered harmful
Created by SaltyNZ, last reply by Geektastic on 30-Sep-2016 23:03 (24 replies)
Pages... 2


Getting Your Daily Fix - Sites you have to check everyday
Created by firefuze, last reply by Brumfondl on 29-Sep-2016 19:45 (23 replies)
Pages... 2


Buying without building consent/CCC?
Created by Zeon, last reply by neb on 27-Sep-2016 16:33 (38 replies)
Pages... 2 3


Safe, practical SUV for family under 12k
Created by wikibedi, last reply by MikeAqua on 30-Sep-2016 11:47 (53 replies)
Pages... 2 3 4


Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by eracode on 30-Sep-2016 10:01 (976 replies)
Pages... 64 65 66


Electrical work radio ad - Misleading?
Created by tchart, last reply by MikeB4 on 30-Sep-2016 14:52 (15 replies)

Housing prices....
Created by Linuxluver, last reply by Linuxluver on 30-Sep-2016 20:21 (113 replies)
Pages... 6 7 8