In JulyNokia declared that their profits had dropped by 40 percent. In Japan, domestic sellers such as Panasonic, Fujitsu, sharp and NEC mainly drives the cellular market growth and Nokia has very fragile position. At the end ofNokia publicized that it was closing mobile handset distribution in Japan and canceled distribution of E In India Nokia has very few service centers and terrible after sales service.
The key strength of Nokia is its brand equity. Several customers select and prefer Nokia over other brands as of their creativity, durability and reliability of their cell phones. Nokia products are accessible and are available in broad price ranges. The biggest mobile phone producer across the globe.
Nokia has a diverse workforce and efficient.
|User-friendliness of Smartphones High resell value As one of the oldest companies, Nokia has gained a number of strengths in the field of technology. First, I will talk about the experience base.|
|FebruaryNokia and Microsoft entered into a strategic alliance and the depth of cooperation. Over the past few years, Nokia shares have gradually from London, Frankfurt, Paris and Stockholm stock market delisting.|
|SWOT of Nokia | Marketing Dawn||It has good reputation all around the world. It is leading brand in some areas and still growing day by day.|
Nokia is dominating the mobile market across the world, in the smartphone industry as well. Weaknesses In this part, weaknesses of Nokia are discussed: Few of products of Nokia are unaffordable for lower and even to middle-class customers that often has a negative effect on their searches.
Though, Nokia received criticism for bad services after sales. Nokia, the cell phone company has made relatively lower revenues because of a decrease in sales figures because of severe competition.
The profits of Nokia have dropped by 7 percent in the year There are falls in the development of Nokia with its range of Lumia Windows Smartphones due to continuous rivalry faced from iOS and Android. Nokia took a long time to penetrate the booming and highly productive market of Smartphones.
Consequently, Nokia loses big market share and faced losses. Nokia products are incomprehensible and priced much higher in comparison to Chinese phones. Moreover, inthe company publicized that it closed its distribution of mobile handsets, as well as cancelled E71 distribution.
Opportunities Subsequent to discussion strengths and weaknesses of Nokia, now we will discuss external factor: Opportunities for expansion the product range and their costs. In addition, Nokia brings new applications and features in iOS and Windows. The deal between Nokia and Microsoft is a beneficial one for both firms.
This deal has an excellent opportunity if Microsoft and Nokia utilize resources in an appropriate manner. Aesthetics, stylish and fashionable of the cell phones drive new market and there is a sufficient demand of customers for fashion cell phones by the year The mobile phone market of Asia-Pacific is the fastest growing across the world.
Threats The last part include threats faced by Nokia, some of them are as follows: Threat of low-cost by Chinese mobile phones and others emerge as a big issue. Severe competition from Apple, Samsung, and other firms will make it difficult for Nokia to expand and sustain their share in the market.
Conclusion Thus, after above analysis of SWOT, it can be apparent that Nokia is facing hard time in the marketplace because of a number of aspects.
On the other hand, Nokia and Microsoft personnel worked together; thus, can be asserted that most of these issues may be overcome if Nokia uses, plans and strategizes its resources in an appropriate manner Related.Nokia handset, launched in , was the best-selling mobile handset of all time and the globe’s top-selling end user electronics product.
In mobile phones and converged mobile devices Nokia still leads all sellers by a significant margin. Weaknesses In July , Nokia declared that their profits had dropped by 40 percent.
The Nokia SWOT elaborated the strengths & weaknesses of and opportunities & threats for Nokia Corporation. After conducting the analysis we now find that the Nokia was a very reputable company, and still has a strong reputed customer history.
The SWOT analysis of Nokia discusses the strengths, weaknesses, opportunities and the threats of the mobile handset manufacturer - Nokia.
Till date Nokia is remembered with fondness because it was the first mobile phone for many people and it was very user friendly. The SWOT analysis of Nokia discusses the strengths, weaknesses, opportunities and the threats of the mobile handset manufacturer - Nokia.
Till date Nokia is remembered with fondness because it was the first mobile phone for many people and it was very user friendly.
It was durable too.
SWOT Analysis of Nokia Corporation mbalectures December 9, January 22, 10 Comments Nokia Corporation is a Finnish multinational communications corporation and is the world’s largest manufacturer of mobile phones. In this part, weaknesses of Nokia are discussed: Few of products of Nokia are unaffordable for lower and even to middle-class customers that often has a negative effect on their searches.
Though, Nokia received criticism for bad services after sales.