May 31st, 2004 by Ashu Mathura Posted in Companies & M&A | No Comments »
To turn profits around, it’s making cooler phones, cutting prices, and moving into new businesses.
To grasp why Nokia Corp. is suddenly in the hot seat, check out the glittering display of cell phones at the big FNAC electronics store near the St Lazare train station in Paris. Here, at one of Europe’s premier gizmo emporiums, you can tell at a glance what’s hot and what’s ho-hum. The shelves are jammed with sleek Samsung flip-phones, gorgeous new designs by Sony Ericsson, and big-screen color models from Sharp and Sagem. More …
