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  • the.heretic10 the.heretic10 Sep 6, 2013 6:55 PM Flag

    The deal reflects the complete failure of the Windows strategy Elop chose when he was appointed Nokia CEO some two years ago.

    The same article as Newkia, but a much better topic line.

    Sentiment: Strong Sell

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    • Quoting further:

      ' "The fact is that the Nokia phones are fantastic and people at Nokia still possess superior know-how," said Zilliacus. "The people at Nokia possess amazing skills and know-how, which have been shackled by the decision to go for Windows as the OS."

      'Zilliacus believes that Nokia could still succeed if it is weaned away from the Windows platform.

      'And this is exactly what he plans to do-to build a new company using the technological know-how of some former and existing Nokia engineers and professionals.

      ' "My investment company Mobile FutureWorks, whose advisors include the former Nokia Mobile Phones CEO Jorma Nieminen, Ericsson's former CEO Sven-Christer Nilsson and the former chairman of Singapore Telecom Koh Boon Hwee, tried to raise funds about one year ago to take control of Nokia," he said. "The plan did not succeed, but yesterday's announcement opens up an even more exciting new opportunity."

      'Yesterday itself, Mobile FutureWorks incorporated a new company, Newkia, in Singapore.

      ' "Newkia is already in discussions with key Nokia people, both existing and former employees," Zilliacus said. "We will offer the best people in the industry a possibility to build a new global leader in the mobile industry, with a full focus on the dominating operating system Android.'

 
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