Nokia will introduce a simplified company structure for its devices and services business comprised of three units: Mobile Solutions, Mobile Phones and Markets from July 1, 2010. The move aims to accelerate product innovation and software execution in line with the company's goals of integrating content, applications and services into its mobile computer, smartphone and mobile phone portfolio.
The newly established Mobile Solutions unit will concentrate on the company's high-end mobile computer and smartphone portfolio. These devices will be integrated with Nokia's Internet services to increase the combined value for consumers through MeeGo and Symbian software platforms respectively.
The Statement further announces that the Mobile Phones unit will mainly focus on maintaining Nokia's leadership in the feature-rich mobile phone market and driving the direction of Series 40, the world's largest mobile operating system while Markets Unit will be responsible for Nokia's 'go-to-market' activities, including sales and marketing, management of Nokia's global supply chains and sourcing operations.
"In addition to extending our leadership in mobile phones, we are decisively moving to respond faster to growth opportunities we expect in smartphones and mobile computers," says Olli-Pekka Kallasvuo, CEO of Nokia. "Nokia's new organizational structure is designed to speed up execution and accelerate innovation, both short-term and longer-term. We believe that this will allow us to build stronger mobile solutions - a portfolio of products and integrated services that connect people and enable new ways of communicating, sharing and experiencing mobility."