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Author:Edmondson, G.
Title:At Nokia, a comeback - and then some
Journal:Business Week
1996 : DEC 2, VOL. 3488:818, p. 21
Index terms:ECONOMICS
TELECOMMUNICATIONS INDUSTRY
TELEPHONE INDUSTRY
Language:eng
Abstract:As winter closed in on Nokia's Helsinki headquarters a year ago, gloom hung in the air. After four years of superheated growth, sales and profits at the world's No2 cellular-phone manufacturer were in gut-wrenching decline. Delayed chip deliveries had halted some assembly lines. Inventories were building, and costs climbing, On December 14, Nokia warned investors that profits might suffer. within a week, its stock dropped thirty six per cent, state the authors.
SCIMA record nr: 155916
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