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Tags - Nokia CEO says to keep headquarters in Finland: TV
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Stephen Elop, the first non-Finn to run Nokia, on Sunday quashed rumors the cellphone maker could move its headquarters to the United States from Espoo, a suburb of the Finnish capital Helsinki. "As long as I am the CEO the headquarters is in Espoo," Elop told national broadcaster YLE. "That's our home, our sense of belonging." Canadian Elop was enticed in September 2010 from his post as president of Microsoft's Business Division to lead Nokia and halt its decline. The company has since
Nokia has cut the prices of its smartphones in Europe in an attempt to slow the decline in its share of the higher end of the market, two industry sources told Reuters. One of the sources with direct knowledge of Nokia's pricing said the steepest cuts of around 15 percent were made on the flagship N8, the multimedia phone C7, as well as the business E6. Other price cuts were smaller, both sources said. "There are no very big cuts per model, but the scale -- across the portfolio -- is unsee