Nokia competitors are primarily in the Wireless Telecommunications Equipment Manufacturing industry. Nokia also competes in the Wired Telecommunications Equipment Manufacturing, Billing & Service Provisioning Software, and Customer Relationship Management, Marketing & Sales Software sectors. Nokia competitors include: Samsung Electronics, Apple inc.,
Stephen Elop said Nokia is surrounded by a 'fire of competition', according to a company memo:
Nokia's chief executive has said that the mobile phone giant is "standing on a burning platform" surrounded by a fire of competition, according to a leaked memo sent to staff.The unusually frank document, sent by newly appointed Stephen Elop, suggests the company is not doing enough to compete with Apple's iPhone or Google's Android smartphone, and that a radical change is necessary. He compared the situation faced by the company to a story of a man who jumps into freezing waters to escape a burning oil rig. "In ordinary circumstances, the man would never consider plunging into icy waters," the memo, obtained by the AFP news agency, said. "We too, are standing on a 'burning platform,' and we must decide how we are going to change our behavior.” When we share the new strategy on February 11, it will be a huge effort to transform our company," Elop wrote in the message on the company's internal website.'Intense heat from competitors' Some British media say they have verified the authenticity of the memo, but Nokia refused to comment on it when approached by Al Jazeera. Finnish-based Nokia was once the leader in the mobile world, with a 40 per cent share in the mobile device market up to the second quarter of 2008. But its fortunes have dropped recently, hitting 31 per cent of the market in the fourth quarter of 2010.Elop said there were "multiple points of scorching heat" fuelling the "blazing fire around us". "For example, there is intense heat coming from our... [continues]
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