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Nokia
Nokia is one of the world's largest manufacturers of mobile phones, with its global device market share at about 38% in Q3 2009. It produces mobile phones for every major market and protocol, including GSM, CDMA, and W-CDMA. As of 2009... [more]
Nokia is one of the world's largest manufacturers of mobile phones, with its global device market share at about 38% in Q3 2009. It produces mobile phones for every major market and protocol, including GSM, CDMA, and W-CDMA. As of 2009, Nokia is the world's 85th largest company. See more news and pictures from Nokia here.
Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
The mobile network equipment maker -- a joint venture between Finland's Nokia Corp. and Siemens AG of Germany -- said it will reduce its five business units to three by January, and strengthen its business through partnerships and acquisitions.
The savings program could include cutting 7 to...
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