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khemara_qc

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khemara_qc

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Thursday, 10/14/2004 10:56:22 AM

Thursday, October 14, 2004 10:56:22 AM

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Nokia's Ollila to address 'challenges' of US mkt over next 6-9 mths
, 10.14.04, 10:30 AM ET

AFX News Limited

HELSINKI (AFX) - Nokia Corp will tackle the "challenges" it faces on the US market, where it has been losing market share, over the coming quarters, said CEO Jorma Ollila.

"We feel we have some work to do (there) and that is something we will be addressing in the next six to nine months," Ollila said in an interview with CNBC.

The company will seek to improve its product development strategy for the US for 2005 and 2006, he said, noting that it is "a very price-driven market".

newsdesk@afxnews.com

Copyright 2004 AFX News Limited. All Rights Reserved

http://www.forbes.com/technology/feeds/wireless/2004/10/14/wirelessafx_2004_10_14_AEF_4786-3476-ERN....
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