REFILE-Nokia CEO to favour profit over sales targets - FT
HELSINKI, Jan 2 (Reuters) - Nokia (
NOK1V.HE
) will focus on
profit development amid a falling cellphone market in which many
competitors are cutting prices, Chief Executive Olli-Pekka
Kallasvuo told the Financial Times.
"We will continue to combine market share and margins in the
right way in order to maximise the bottom line," Kallasvuo was
quoted as saying in an interview. This in stark contrast to some
of its smaller rivals, like LG Electronics Read the rest of this entry »