The Wall Street Journal is reporting that mobile giant Nokia is on the hunt for a new CEO. The WSJ claims the motivating factor is the current CEO’s “struggle to find traction for the company in the market for high-end smartphones.” The source went on to say that the company is very serious about this matter and should have a decision rendered by “the end of this month.” What do you think? Too little too late? Or is a change of leadership exactly what Nokia needs right now? More →
Granted, The Boston Globe basically tossed up a bunch of softballs but it still gives us a warm and fuzzy feeling any time Olli-Pekka Kallasvuo, or OPK as he is affectionately nicknamed, simply utters the words “US market”. It lets us know that somewhere, somehow, Nokia does in fact still remember that Americans use cell phones. Yes, Nokia’s track record with supporting the US 3G spectra (AT&T’s at least) in high-end phones is most definitely improving. We still aren’t seeing Nokia actively push S60 devices to market here however, and Nokia’s US market share sits in the mid-single digits as a result. S60 fans here in the US are hoping that the recent release of the Nokia 6650 via AT&T is the start of a trend but we’re skeptical at best. Enthusiasts hoped the same thing when the E62 was released, and then the N75. OPK was pretty direct while speaking to the Globe however:
We are investing more in the US market. We are expanding our research and development activity in San Diego. We’ve got lots of people there designing phones now that are specific to the US needs and the US market.
Kallasvuo went on to say that Nokia’s approach will cover all market segments here in the US, not just smartphones, and that LTE will be the technology of choice for Nokia when it comes to 4G. Nokia will still dabble in WiMax as we’ve seen with the N810, but LTE is the way to go for the Finnish giant. Oh well, there’s plenty more fish in the sea, Sprint. Hit the read link for the full yet brief interview with OPK.