EMEA Technology Correspondent
Tarmo's Feed
Feb 26, 2012

Sony returns to smartphones with new models

BARCELONA (Reuters) – Sony Corp. declared a return to the smartphone business on Sunday, unveiling its first smartphones under the Sony brand, but warned the group’s painful transition would not be as fast as rebranding.

Kazuo Hirai is due to formally take over as Sony CEO on April 1, replacing Howard Stringer. Hirai said that while some management changes had already been identified there was still a long way to go to “explain to everybody who’s doing what.”

Feb 20, 2012

Japanese firms seek Europe phone market share

By Tarmo Virki, European Technology Correspondent

(Reuters) – Japanese companies Fujitsu and Panasonic plan to enter the European smartphone market as rivals Apple and Samsung have piled on the pressure in their previously isolated home market.

Panasonic unveiled on Monday its Eluga model, marking its re-entry to the European market, and Fujitsu said it plans to roll out a wider portfolio of products in Europe.

Feb 15, 2012

Profit focus key for Nokia Siemens – chairman

HELSINKI (Reuters) – Struggling mobile network equipment maker Nokia Siemens Networks (NSN) has dumped its aggressive growth strategy to focus on profits as it embarks on a massive restructuring plan, its chairman said on Wednesday.

Jesper Ovesen, in his first interview since taking over from Olli-Pekka Kallasvuo four months ago, told Reuters that being more selective on deals could impact market share but that was a risk worth taking.

Feb 8, 2012

Nokia to axe 4,000 jobs, move assembly to Asia

HELSINKI, Feb 8 (Reuters) – Struggling Finnish phone maker
Nokia plans to cut 4,000 more jobs at its plants in
Finland, Hungary and Mexico as it seeks to cut costs by moving
smartphone assembly work to Asia.

The cuts of 8 percent of the phone business workforce bring
total planned job cuts at the group since Stephen Elop took over
as Chief Executive in September 2010 to more than
30,000 .

Feb 8, 2012

Nokia says to cut 4,000 more jobs

HELSINKI, Feb 8 (Reuters) – Struggling Finnish phone maker
Nokia plans to cut 4,000 more jobs at its plants in
Finland, Hungary and Mexico as it seeks to cut costs by moving
smartphone assembly work to Asia.

The cuts of 8 percent of the phone business workforce, bring
total planned job cuts at the group under Chief Executive
Stephen Elop to more than 30,000.

Feb 1, 2012

Nokia revamp will hurt most of 2012 results: Chairman

HELSINKI (Reuters) – A major revamp at Nokia that includes a deal to use Microsoft Corp software in its smartphones will impact the earnings of the Finnish handset maker throughout most of this year, Chairman Jorma Ollila said on Wednesday.

“For a significant part of the year the transition will be seen in the results,” Ollila told Finnish national broadcaster YLE.

Jan 31, 2012

Nokia Siemens job cuts hit Germany, Finland

Jan 31 (Reuters) – Nokia Siemens Networks,
the world’s No.2 maker of mobile telecoms network equipment,
plans to cut 4,100 jobs in its home countries of Finland and
Germany as part of a cost-cutting drive aimed at coping with
competition and weak demand.

Nokia Siemens, which said in November it would axe 17,000
jobs or almost a quarter of its workforce to help save about 1
billion euros ($1.3 billion), said on Tuesday it was talking to
unions about 2,900 job losses in Germany and 1,200 in Finland.

Jan 31, 2012

Logitech’s new Lifesize CEO targets growth pickup

By Tarmo Virki, European Technology Correspondent

(Reuters) – Logitech’s video conferencing unit LifeSize expects new products and a bigger sales team to boost revenue growth starting this quarter, after it reported only a 6 percent rise for October-to-December.

“Last quarter was a transition quarter for LifeSize. Our expectation is to get back to growth rates we have had, starting this quarter,” Colin Buechler, the unit’s new chief told Reuters in an interview.

Jan 26, 2012

Nokia profits dive as new phones slow to take off

HELSINKI (Reuters) – Nokia Oyj (NOK1V.HE: Quote, Profile, Research) reported a 73 percent fall in fourth-quarter earnings as sales of its new Windows Phones failed to dent the dominance of Apple Inc’s (AAPL.O: Quote, Profile, Research) iPhone or compensate for diving sales of its own old smartphones.

The world’s largest cellphone maker by volume unveiled a year ago a major strategy shift to Microsoft Corp (MSFT.O: Quote, Profile, Research) software for its smartphones in an attempt to challenge Apple and Google Inc’s (GOOG.O: Quote, Profile, Research) Android. But Apple’s phones in particular have proved far more popular.

Jan 26, 2012

Nokia profits dive, new phones yet to take off

HELSINKI (Reuters) – Nokia, the world’s largest cellphone maker by volume, reported a 73 percent fall in fourth quarter earnings as sales of its new Windows Phones failed to slow the rapid dominance of Apple’s iPhone or to compensate for diving sales of its own old smartphones.

Nokia unveiled a high-profile strategy shift to Microsoft software on its smartphones last February in a bid to rival to Apple and Google’s Android. But Apple’s phones in particular have proved far more popular.