In an effort to further boost its base among low-end customers, mobile phone major Nokia on Wednesday launched two new handsets for entry-level buyers.
The facility is considered to be one of the largest manufacturing units of the handset major.
Handsets Major Nokia on Monday entered the dual sim handset market when it launched its first dual sim set- Nokia C1.
"Nokia plans to reduce up to 10,000 positions globally by the end of 2013. Nokia is beginning the process of engaging with employee representatives in accordance with country-specific legal requirements," it said in a statement.
Their experiences have serious lessons for decision makers in many other industries.
Union sources claimed production at the Chennai plant, considered one of the biggest for Nokia, had declined from 13 million handsets per month to four million per month.
Putting to rest speculations over the price of its recently launched Mini booklet 3G, Finnish handset major Nokia on Wednesday said it will retail globally the personal computer at 575 euro (about Rs 40,000).
Global mobile handset major Nokia on Wednesday announced that it will set up a manufacturing facility for mobile devices at Chennai in India.
he company said that though Katama has decided to quit, he would play a consulting role for a 'fixed' period.
The company might launch a dual sim phone in 2010.
Having trebled its market share in the CDMA based handset, cellphone major Nokia has said the company would be working closely with leading service providers like Reliance Infocomm and Tatas to up its share further.
The Chinese film industry has started discussing with cellphone major Nokia the possibility of developing 'mobile film', considered the fifth-generation medium.
The warning came after Nokia Chairman and interim chief executive officer Risto Siilasmaa met Commerce Minister Anand Sharma and tax authorities in a bid to resolve the Rs 21,153-crore (Rs 211.53 billion) liability it faces.
Handset major Nokia, along with digital content provider Hungama.com, is readying a mobile application (app) that will bring music concerts to users' mobile devices.
Fierce competition and a fall in hardware and component prices have resulted in handset prices dropping 10-50 per cent across brands over the last 12 months.
Nokia, the Finnish mobile handset major, is planning to locate its Network Operations Centre, for Asia operations, in Chennai, Union Minister for Communications and Information Technology, Dayanidhi Maran, said on Monday.\n\n
Nokia started operations at Sriperumbudur plant near Chennai, the second biggest facilities by any global firm, in 2006 after Korean auto major Hyundai's came up with its plant in the late 1990s.
Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.
Fair trade watchdog CCI has approved Microsoft's proposed $7.2 billion acquisition of Nokia's mobile devices business, citing that the deal would not have adverse impact on competition in the Indian market.
With the launch of the Rex series, the Korean handset maker is all set to take on Nokia's bread-and-butter series of smartphones
The application can be downloaded for free from Google's mobile website m.google.co.in.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
Consumers, who own the chargers manufactured by a third-party supplier, are recommended to exchange these chargers for free, the company said.
Dairy major Amul, Life Insurance Corporation of India and mobile manufacturer Nokia have emerged as India's top three brands according to Asia's Top 1000 Brands
Nokia, the dominant force in the handset industry, has spent the major part of 2009 guarding its turf against resurgent rivals like Samsung, LG, Sony Ericsson and Motorola, and also tech powerhouses like Research in Motion, Apple and HTC.
Nokia's Sriperumbudur factory is its largest in the world.
Aimed at strengthening its position in the smart phone segment, Finnish handset giant Nokia on Monday launched the 'Lumia 800' and the 'Lumia 710', the first devices from its partnership with software major Microsoft.
French telecom major Alcatel has launched new handsets in the GSM range through a joint venture in India.
Earlier, there was one giant in Finland, now, there are two - Nokia and Microsoft, said Alexander Stubb, Finland's minister of foreign trade.
The figure is expected to rise to 25-30 per cent, adding around 100 million new cellular subscribers by 2009, according to a recent study by LIRNEasia and AC Nielson.
Global mobile phone majors Nokia, Motorola, Sony Ericsson and others are offering a slew of products including touchscreen and music capable handsets in India to counter the might of Apple's iPhone, which is expected to hit the markets in September.
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On March 14, the Supreme Court had ordered Nokia India to give Rs 3,500 crore (Rs 35 billion) as guarantee before it transfers the plant to Microsoft.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
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