by: michelle (shuangyan liu) crystal (jingjing yu) kristi ... business/powerpoint... · swot...
TRANSCRIPT
By: Michelle (Shuangyan Liu)
Crystal (Jingjing Yu)
Kristi Rajewsky
Cathy (Xiunan He)
History - Kristi
SWOT Analysis - Crystal
Competitors - Michelle
Industry Analysis - Kristi
Global Market - Cathy
Recommendations
Short Term - Michelle
Long Term - Cathy
Conclusion - Crystal
PAST
Founded in 1865 by Fredrick Idestam
Based in Findland
Originally Nokia was a Wood-Pulp Mill
Manufactured paper near Nokianvirta River
1967 - Three companies merged to form Nokia
1960 - Production of mobile radios
CURRENT
May 2007, production of Nokia 1100 handset
In 2007, Nokia released the
new Nokia N82
“COMES WITH MUSIC”
2008 Nokia’s version of the
Blackberry, E71 was introduced
August 2009 Nokia Booklet 3G was introduced
FUTURE
Nokia 888 Phone of the Future
Still on the drawing board
Wear as a watch
Carry it anywhere in
any form
Targets young customers
STRENGTH
Good Quality
Nokia is well known for their good quality for
their mobile devices
Very Strong Brand Image
Nokia has been doing a great job when it
comes to brand recognition
Nokia's market share was 38.3%
WEAKNESS
Weak From Going International
Nokia is well known nationally
Just not as well known in the United States
Price
Nokia has been known for being a pricier
phone
In order to make their high quality phones
they have to sell them for higher prices
OPPORTUNITIES
Make a plan to get in to United States
Nokia needs to come up with a plan so that
they can be big in the United States just like
they are for instance, in North Korea
Market share of the USA is 10%
Plan for Improvement
Nokia needs to examine other avenues of
services for their mobile devices
THREATS
Economic Recession
As of right now every company is facing an
economic recession
In 2008, Nokia's net profit of the fourth
quarter is $744,000,000 a decrease of 70%.
Competitors
Every company has their problems with their
competitors
Nokia’s Top 3 Competitors
Motorola
Sony Ericsson
DOPOD
MOTOROLA Established in 1928
The second largest mobile phone producer
CEO Edward Zander
Advantages in DESIGN
Three Business Groups Motorola Mobile Devices
Motorola networks and enterprise communications Division
Motorola broadband networking division.
In China, provides customers Mobility products
Solutions
MOTOROLA
44%
18%
5%
4%
29%
World Wide Share
Nokia Motorola Sony Ericsson Dopod Others
SONY ERICSSON
The young internationally known brand
Born in 2001
Advantages in making music players
Defeats Nokia’s music players
Is in over 40 Countries and Regions
In the forefront of the field of mobile multimedia
It want to get the first goal of mobile multimedia
industry
SONY ERICSSON
59%12%
11%
7%2% 3%
0.4%
6%
Music Player Phone Market Share 2008
Nokia Sony Ericsson Sumsong Motorola
Dopod Iphone Blackberry Others
DOPOD In July 1, 2002, Dopod was established by
Taiwan’s HTC and VIA technologies
The new born smart phones producer
Advantages in 3G technology
DOPOD is now in China Taiwan
Mainland China
China Hong Kong
Southeast Asia
Main Items of DOPOD Mobile Phones
Handheld Devices
DOPOD
44%
17%
8%
12%
7%7% 5%
Smart Phone Market Share 2008
Nokia Iphone RIM Dopod HTC Sharp Others
3 Billion people in the world have a cell
phone
Sales in the 4th quarter of 2007:
$7.14 billion, down 26%, from $9.65 billion
Motorola announced in February its 4th
quarter earning for 2008:
A loss of $3.6 billion in last quarter
Verses a loss of $100 billion year before
2008 Motorola sold 92 million cell phones down
53% from a year ago
AT&T sold 1.9 million iPhones while Verizon sold
1 million BlackBerry Storm
Verizon gained 1.4 million subscribers compared
to a 2 million decrease a year earlier
This year the demand for cell phones is down
10%
Europe38%
Americas 16%
Aisa33%
Africa & the Middle East13%
NOKIA IN AFRICA
Current situation: Due 2008, Nokia’s sell has
grown 37%
Problem: Weakness Communications
technology infrastructure
Solution: Strengthen technology
infrastructure. Make larger growth is in
Egypt, North and South Africa
NOKIA IN ASIAN-CHINA
Current situation: Nokia's global R & D and
talent base
Problem: 3G era, Nokia updates slow
Solution: Technology innovation in 3G
Make good relationship with wireless
application
NOKIA IN SOUTH AMERICA-USA
Current situation: Nokia's share has shrunk to
below 10%
Solution: Catch up with BlackBerry and
iPhone. Increase investment in the U.S.
market.
SHORT-TERM
Problem: Slow reaction rate
Solution: Resolving defects on the technical area
Problem: Slow repairs and after-sales service,
especially in the low-end market
Solution: Never stop the footsteps of after-sales
service
Problem: Facing with financial crisis
Solution: Keep innovative and investing in products to
follow the footsteps of the times
LONG-TERM
Problem: Nokia’s low speed in the development
of 2G-3G
Solution: Keep a stable in the low-end market. Pay
more attention to the 3G area
Problem: International extension, Different
needs of different countries
Solution: Balance of the world’s sales area
Problem: Pursuing interest for the first thing
Solution: Enhance cultural and team-building
Nokia is one of the oldest enterprises in
Europe
Mobile devices are one of 13 multi-operating
items of Nokia in 1992
Nokia's share of the global mobile devices
market is close to 40% and is becoming the
world's largest mobile phone manufacturers
Nokia is famous for good-quality mobile
devices