Recession hits Nokia too

Well the last fiscal quarter was really brutal and in a sense really thrashed almost every company man kind knew left right. Nokia too suffered a slight loss in its marginal sales and its percentage hold in the world market share. Even then it managed to sell a million plus Nokia 5800 and also launch a hugely innovative sales campaign for it. But then it is closing its (Jyvaskyla) Jyväskylä site and scaling back at its Salo production facility (pictured).

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