Tuesday, March 22, 2011

Nokia CEO Rules out Nokia - Microsoft Merger

The CEO of Nokia, Stephen Elop, has dispelled the speculation  of a merger of Microsoft and the world’s leading mobile phone manufacturer.

Elop  disclosed this in  Dubai during an interactive session with the media drawn across the Midddle East and Africa.

According to the report the partnership deal between Nokia and Microsoft which will see Nokia adopting windows as its primary platform for all its smartphones, speculated  that the deal was only a prelude to one of the parties acquiring the other.

The Nokia chief executive dismissed such speculations as unfounded. According to him, the adoption of windows as the platform for Nokia’s smartphone strategy was a mutually beneficial relationship between Nokia and Microsoft. He maintained that the issue of merger or acquisition was never tabled for consideration by either of the parties. Stephen Elop also disclosed that Nokia was working round the clock to ensure that the first Nokia smartphone hits the market in the very near future.

Though Nokia is adopting windows as its smartphone strategy, the lower end devices for which it is still a market leader will continue to be built on the symbian platform.

He said Nokia’s huge market share in mobile phones is a good business case for mobile application developers to continue building innovative applications on symbian platform, while adding that with over 200 million users of symbian phones the world over, the company would not ignore that segment of its market.

The Nokia Chief Executive praised the significant role the Middle East and Africa market plays in the overall success story of Nokia. He promised that Nokia would reward such disproportionate achievements with disproportionate investments. He was however not specific whether such investments would be in the form of the siting of a manufacturing plant in the region.

Nokia is the world’s number one manufacturer of mobile devices by market share. Beyond its leadership status as a manufacturer of devices, Nokia is fast becoming a leading solutions provider in the converging Internet and communications industries providing internet services that enable users to experience media, messaging, maps and games. Nokia’s partnersip with Microsoft, which will lead to the emergeance of Nokia windows smartphones aims at connecting the first one billion people to the internet through the Nokia platform.