More cheap handsets from Nokia - More redundancies?

Nokia’s ability to design, manufacture and market low cost handsets is really second to none.

With its announcement of another seven affordable handsets, Nokia can seemingly ‘publish’ the millions of new handsets as if they were just magazines rather than a highly complicated piece of technology.

Targeted at emerging markets, Nokia simultaneously announced an experimental service, Nokia Life Tools, in India to provide agricultural and educational information to remote communities.

Similar services in Africa have allowed farmers to find the best price for their produce elevating their families’ standard of living.

On the same day as the upbeat announcements comes the suggestion of further redundancies at Nokia as they try to refine their product development focus, potentially affecting 450 employees and closing its Turku site in Finland.

With the demise of Nokia’s business divisions this must be a stressful time for Nokia employees.