Nokia in Singapore Essay Example | Topics and Well Written Essays - 1000 words

Nokia in Singapore - Essay ExampleCommitment towards environmental protection. Nokia got ISO 14001 certification for its Singapore office for its provision of gross sales, marketing and stay services for mobile phones, network infrastructure, Internet security and home communications businesses in the Asia Pacific region.Operators - customised cell phones For the operators, Nokia will customize handsets, whether in terms of co-branding campaigns, in their looks or uploading an operators software or user interface into the phones at the factoryExtensive network with the dealers and operators which provides a very strong and effective supply chain. The every last(predicate)iances with the suppliers, consanguinity with customers through the online surveys, cooperation with service providers to manufacture custom made phones are all some of the key factors that make Nokia the market leader.Fourth delineate 2007 net sales increased 120% to EUR 670 million, compared with EUR 305 milli on in the fourth quarter 2006. Net sales were driven primarily by strong volume growth in Enterprise Solutions device business, especially from the Nokia E65, Nokia E90 and Nokia E51, compared to the fourth quarter 2006.Mobile Phones operating profit grew 48% to EUR 1.9 one million million million, compared with EUR 1.3 billion in the fourth quarter 2006, with an operating shore of 25.0% (17.8%)... Extensive network with the dealers and operators which provides a very strong and effective supply chain. The alliances with the suppliers, relationship with customers through the online surveys, cooperation with service providers to manufacture custom made phones are all some of the key factors that make Nokia the market leader.Global market positioning as a very technically strong product. Hence, Nokia has more sales in its entry level models.Extensive research and development of new models to focus on the expectations of the customer. For example, Nokia has introduced its clamshell m odels to satisfy the changing customer preferencesCustomer care and stick up centres across the world to provide customer solutionsContinuous growth in market dower and net sales. Though the net sales stagnated a instant in 2007, Nokia has managed to increase its net sales by introducing more sophisticated models.5. Past performance*Increase in sales globally by 40% in the year 2007 which has helped to consolidate the position of Nokia as the undisputed market leaderDebt-to-equity (gearing) ratio is -61% up to December 31st, 2007 compared to -68% as of December 31st, 2006Market share for is 40% (fourth quarter 2007), 39% in the third quarter 2007 and 36% in the fourth quarter 2006Growth in net sales from 7.1 billion to 7.4 billion in the fourth quarter 2006 and 2007 respectivelyFourth quarter 2007 net sales increased 120% to EUR 670 million, compared with EUR 305 million in the fourth quarter 2006. Net sales were driven primarily by strong volume growth in Enterprise Solutions de vice business, especially from the Nokia E65, Nokia E90 and Nokia E51, compared to the fourth quarter 2006. operate margin of 15.9%, up sequentially from