Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 29 June 2012 10:44

Nokia boss defends Elop

Written by Nick Farrell



He has the board's full confidence


Nokia chairman Risto Siilasmaa defended beleaguered CEO Stephen Elop yesterday.

Despite the fact that Elop announced a new round of job cuts and warned on weaker profit earlier this month, Siilasmaa said he had the board's full confidence. The Finnish daily Helsingin Sanomat quoted  Siilasmaa as saying that it was thanks to Elop that Nokia had been able to get new phones with new operating systems faster into the market than ever before.

Nokia's shares have fallen over 80 percent since Elop became CEO in 2010 as the company lost cash from abandoning its ancient symbian operating system. Elop came from Microsoft and negotiated a deal where Nokia would peddle Windows machines on behalf of Steve Ballmer.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments