Posts Tagged ‘Nokia’

Nokia cuts R&D jobs in India

Friday, April 29th, 2011

The Financial Express (27.04.2011) reports that the global mobile handset-maker Nokia would cut “up to 300 jobs in the R&D segment […] in India by the end of 2012”. Qutoing agencies it further states:

Without disclosing finer details, the official said that most of the people working on Symbian would be transferred to Accenture.

Sources said about 800-900 jobs are likely to affected in India in the R&D (Research and Development) segment. Nokia’s India operations has a total workforce of about 10,000. Out of them, around 1,500 employees are in the R&D section.

The Finnish major in a statement today announced plans to align its global workforce and consolidate site operations, which would result in cost reductions 1 billion euro.

Nokia plans to enter into a strategic collaboration with Accenture, whereby it would transfer its Symbian software activities as well as about 3,000 employees to that firm.

“Transitioning employees, located in China, Finland, India, United Kingdom and the United States, will initially work on Symbian software activities for Nokia,” it said.

Source: (Posted: Wednesday, Apr 27, 2011 at 1558 hrs IST)

Vodafone to bring handset at $16 in India, reports Economic Times

Wednesday, April 28th, 2010

Source: The Economic Times, 28.04.2010, Mumbai

Vodafone to bring handset at Rs 700
28 Apr 2010, 0008 hrs IST, Amrita Nair-Ghaswalla,TNN

MUMBAI: The race to provide ultra low-cost mobile handsets to consumers in India has moved to the next level, with telecom service providers
competing with mobile handset makers to offer models below Rs 1,000. Leading the way is Vodafone , which is set to launch its Rs 700 ($16) mobile phone in the country. The handset is expected to push the company’s rural agenda.

Even as mobile phone makers like Nokia, Micromax , Fly and Ray are retailing handsets at alluring prices, this is the first time that a telecom service provider has decided to go below the Rs 1,000-mark . Earlier, Nokia retailed a phone at Rs 1,300, and Vodafone had a mobile priced at Rs 1,200.