Nokia to pull out of Japan

By Nick Farrell on Dec 1, 2008 8:06AM
Nokia to pull out of Japan
Nokia has announced it will stop manufacturing cell phones for NTT DoCoMo and Softbank Mobile.

Nokia executive vice president Timo Ihamuotila said in a statement that his outfit will continue producing its luxury Vertu brand, for now. But the current global economic climate, means that chucking money around investing in Japan-specific localised products is no longer a good idea.

While Nokia has 40 per cent of the worldwide market, Japan is tougher because its consumers want different things from the rest of the world. A nation which wants vending machines to dispense girls knickers installed in its hotels is always going to be a little tricky for company from Finland to understand.

Japan rejected Apple's Iphone 3G for not having enough gimmicks so you know a more serious technology company like Nokia is going to have trouble.

The market is saturated and the Japanese want third-generation networks that have TV broadcasting and electronic payment functions.
Got a news tip for our journalists? Share it with us anonymously here.
theinquirer.net (c) 2010 Incisive Media
Tags:

Log in

Email:
Password:
  |  Forgot your password?