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:

Tipping? Please no!
Created by BlueShift, last reply by allstarnz on 23-May-2017 23:47 (84 replies)
Pages... 4 5 6


Father banned from watching daughter's netball game: what you think of this?
Created by Rikkitic, last reply by gzt on 23-May-2017 20:51 (128 replies)
Pages... 7 8 9


Tailgaters?
Created by Linuxluver, last reply by Linuxluver on 23-May-2017 21:31 (92 replies)
Pages... 5 6 7


ANZ Bank Anti Money Laundering
Created by kiwiharry, last reply by IcI on 23-May-2017 23:45 (25 replies)
Pages... 2


The President Of The USA: Donald Trump
Created by TimA, last reply by kingdragonfly on 23-May-2017 07:44 (4357 replies)
Pages... 289 290 291


Automate "Dumb" Heatpump
Created by Paul1977, last reply by neb on 23-May-2017 23:09 (40 replies)
Pages... 2 3


Changes to Fibre PPPoE overnight?
Created by kiwirock, last reply by yitz on 23-May-2017 20:00 (18 replies)
Pages... 2


Can I record a Sky programme using my Panasonic hard disk recorder?
Created by PSLog, last reply by JimmyH on 21-May-2017 13:42 (34 replies)
Pages... 2 3