Interim CEO talks Nokia future

Interim CEO talks Nokia future
Risto Siilasmaa, the chairman of the board at Nokia, and currently it's interim CEO, has decided that it is time to share what it is he sees the future holding for the Finnish company, and how he hopes to steer the ship in a proper direction. While the sale of Nokia's handset business to Microsoft has undoubtedly been an emotional time for both fans and Nokia employees, Siilasmaa believes that the move marks “the beginning of the next 150 years of Nokia's story.”

So what does the next decade and a half hold for Nokia? A spot at the forefront for its other, financially healthy, businesses, the CEO hopes:


The new, reinvented Nokia will rely on the aforementioned three key areas to keep Nokia healthy. Starting off, we have Nokia's Solutions and Networks business – the very same company that is now wholly owned by Nokia, after its buyout of Siemens share. HERE, Nokia's cloud-based location and mapping service will be the second node of the company's future, with Nokia betting that such services “will be pivotal in the next phase of the mobile internet, where more and more devices are connected to the cloud.” The third and final pillar on which Nokia will rest is its newly-formed Advanced Technologies business, a mix from its CTO unit and its IP business team, or the folks that made Nokia's gigantic patent portfolio possible.

So it does seem likely that Nokia will persevere and make it through the tunnel. Sadly, for those of us who have come to use the company's name interchangeably with the word mobile phone, the Nokia that we'll see on the other side will cease to stand for what it used to.

source: Nokia

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24 Comments

1. jedpatrickdatu

Posts: 169; Member since: Jan 24, 2013

They could still make phones again eventually. Without the Lumia and Asha team, however, I\'m not sure how to feel if that happens.

12. tadaa

Posts: 267; Member since: Apr 18, 2013

what if plan b was to sell their struggling mobile division and cut ties with microsoft, then let former nokia employees set up their own businesses. then after 2015 they can buy jolla and newkia and get into mobile phones again

2. Reluctant_Human

Posts: 913; Member since: Jun 28, 2012

Even though it's sad to see them leave the handset business I'm hoping they thrive with a proper CEO and good business strategy.

3. omacmagic

Posts: 25; Member since: Oct 26, 2012

I\'m familiar with Nokia as a phone maker and that\'s all I care about, not here maps or Nokia\'s solution and Networks business. Sad day for what once was a great phone manufacturer company.

4. ihatesmartphone unregistered

Please make Android devices...... ;(

19. akki20892

Posts: 3902; Member since: Feb 04, 2013

Time will come for sure dude............wait we will see Nokia Android

5. MONUQ

Posts: 31; Member since: Jan 26, 2013

Will get my hand on Nokia Phone again in 2024 definitely... But till then I think i will switch to another os.... Simply because MS is pretending to Be another Apple Co. Updates are late , basic features are part on half year updates and so on.... MS is best for windows and they are making bad impression with WP os..... No problem with less apps though in WP store...but the Limitations in build os is creepy and they have a add tons of features..... till then Waiting...

9. Navaid

Posts: 46; Member since: Sep 05, 2013

They don't want to return to cell phone business.

6. sks1969

Posts: 108; Member since: Mar 04, 2012

We have to console ourselves with Nokia\'s name being involved with Here and the mobile network infrastucture. From a end consumer perspective, it seems to be more or less done. I think Nokia will reinvent itself like how it moved from rubber to network communication. I would like to see something in materials, nano tech etc... Everyone who makes a consumer device has to pay Nokia royalties for Eg a waterproof coating, or a morph-able design, power and so on... Best of Luck Nokia. Your heritage will stay with you. Hope to see you big soon..

7. CX3NT3_713

Posts: 2350; Member since: Apr 18, 2011

Not sad at all.. with microsoft owning nokia phone\'s division, there ain\'t no more middle man, no hold backs or anything... should see some good stuff coming :)

8. CX3NT3_713

Posts: 2350; Member since: Apr 18, 2011

??? PA what\'s with the (\\\\\\\\\\\\\\)?

21. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Bad QA/QC of their latest software release.

10. jsdechavez

Posts: 799; Member since: Jul 20, 2012

Nokia should continue the innovations on Research and Development..

15. PhoneArenaUser

Posts: 5498; Member since: Aug 05, 2011

I agree with you, but for that need more money.

24. -box-

Posts: 3991; Member since: Jan 04, 2012

They're getting $5 billion just for the sale of the Devices and Services divisions, plus ongoing royalties for the patents they hold (the other $2.2 billion for now)

11. Tsepz_GP

Posts: 1175; Member since: Apr 12, 2012

This is great news for the mobile industry as it means Nokia will still continue to contribute their great work in Mapping, networks and other core areas. It sucks that we I'll never see another Nokia smartphone, indeed, but at least we will get bits of other things from them.

13. supa_dupa

Posts: 80; Member since: Dec 21, 2012

\"Nokia\" and \"future\" in one and the same sentence...?

23. Commentator

Posts: 3723; Member since: Aug 16, 2011

Well, since the company's been around for well over a hundred years, why would you think it has no future? What, you think they're going to fail with Nokia-Siemens Network, HERE, and Advanced Technologies? If anything, selling Devices and Services made them more focused on what their long-term mission really is. It's easy to think that the only companies that exist in the world are handset manufacturers, but there actually ARE other ones. For example: Burger King doesn't make smartphones, they make "food."

14. Edmund

Posts: 656; Member since: Jul 13, 2012

I really hope MS delivers truly innovative handsets to the market

17. piyath

Posts: 2445; Member since: Mar 23, 2012

please make lollipops now..

18. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

NOKIA Reinvented. Who knows Nokia without mobile phones? Very less.

20. hunted

Posts: 403; Member since: Sep 21, 2011

well said bro

25. 7thspaceman

Posts: 1597; Member since: Feb 14, 2011

Microsoft it self probably knows that it cannot be another Apple or IBM but it will definitely have in the market place Microsoft branded Tablets, Smartphones, Notebooks and maybe a special signature PC. Microsoft's OEM's now know that Microsoft is now in the game I think they will still make Windows PC's and Windows 8.1 Business oriented tablets but I think MS OEM's may decide not to make windows smart phones. Microsoft's purchase of Nokia's smart phone assets may have already killed MS's OEM's desire to make Windows smart phones. maybe that's not a bad thing some of Microsoft's OEM's never did make them well enough to make People want to buy them.

26. 7thspaceman

Posts: 1597; Member since: Feb 14, 2011

Microsoft folks has to get to making tablets because more and more homes are going to have at least 2 tablets Microsoft has to get some share of the tablet market place even it's a small one because PC sales will take a drastic fall in sales because of tablets usage. in the End Microsoft's Enterprise business will keep it alive but despite some of Microsoft's investors wanting Microsoft to just deal with the Enterprise Microsoft is right it must have other business ventures to stay healthy and relevant.

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