Nokia Surrenders in Japan

Dreyfuss, Joel
November 2008
Red Herring;11/28/2008, p1
Trade Publication
This article reports on the decision by Nokia Corp. to back away from the Japanese mobile market in 2009. Nokia never grabbed more than one percent of the very competitive Japanese market. Nokia executive vice president Timo Ihamuotila said the company has judged that it cannot continue to invest in product development just for Japan amid the economic crisis.


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