April fools day!
@Apocalypse I'd like to use this opportunity to curse you to forever have your battery charged at maximum 2%. Have a 💩y day.
Paul Osei Cudjoe said:
We're in April and still no March security update
It is anticipated that it may take time to reach needed scale of products as HMD is operating in a handset market which is highly competed and market growth has slowed down and few markets have even contracted year over year.
Despite all the actions and efforts that have been taken by the Group’s IIDM business in the past two years, the overall performance is poor.
(…) the biggest challenge continues to be the IIDM business relating to the manufacturing of Nokia-branded products and the manufacturing and distribution of Nokiabranded phones which are still in the difficult stage of increasing volume and margin performance is generally bad.
The performance of Europe segment has deteriorated dramatically which has affected the performance of the Group adversely (…)
Keep in mind, this is FIH’s report describing mainly their side of the coin, that is tightly connected to HMD’s operation. Because of that, moves have been made to improve the business performance, and that includes:
So, FIH Mobile will continue to manufacture that 1st and 2nd generation of Nokia devices, as well as further develop feature phone and smartphones, but going forward, the company refuses to basically make phone at a loss, meaning that they will probably take orders for the upper end of the segment.
HMD will contract other ODMs to meet market demands. This might not be entirely bad, because other ODM might have a different supply network, that might regarding some components be better than stuff FIH has.
Jivko Antonov said:So, FIH Mobile will continue to manufacture that 1st and 2nd generation of Nokia devices, as well as further develop feature phone and smartphones, but going forward, the company refuses to basically make phone at a loss, meaning that they will probably take orders for the upper end of the segment.
@Jivko Antonov did you read something about software development for Nokia phones? I'm experiencing bugs that I didn't know I had before, like WiFi losing connection. I've always blamed my router and forgot about it, but today it happened both at home and at work, while all other people had fine WiFi connection. I'd like to get rid of those bugs, hopefully also getting proper camera software. The thought that they could suddenly just take their hands off the 8...
It looks like you're new here. If you want to get involved, click one of these buttons!