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:

iPhone 8/iPhone X, impressions?
Created by surfisup1000, last reply by dickytim on 21-Sep-2017 06:46 (348 replies)
Pages... 22 23 24


Auckland Airport fuel supply obliterated by digger
Created by Batman, last reply by Fred99 on 21-Sep-2017 07:17 (184 replies)
Pages... 11 12 13


Driving an automatic - do you use one foot or both?
Created by geekIT, last reply by kingdragonfly on 21-Sep-2017 07:21 (60 replies)
Pages... 2 3 4


How to backup/copy an iphone app?
Created by Batman, last reply by scuwp on 19-Sep-2017 19:37 (24 replies)
Pages... 2


When did we become America
Created by BTR, last reply by Fred99 on 20-Sep-2017 20:03 (46 replies)
Pages... 2 3 4


IOS 11 email client and Office 365 - heads up people
Created by gjm, last reply by mattwnz on 20-Sep-2017 17:15 (18 replies)
Pages... 2


Sky blames piracy for lost customers. Sky: it's time to wake up and smell the coffee.
Created by kingdragonfly, last reply by tdgeek on 19-Sep-2017 20:34 (479 replies)
Pages... 30 31 32


vodafone shutting down email?
Created by FatFurryGuy, last reply by Zigg on 21-Sep-2017 00:13 (286 replies)
Pages... 18 19 20