Nokia’s new chief govt Pekka Lundmark mentioned he’ll take time to re-acquaint himself with the Finnish telecom gear maker earlier than setting a technique, as the corporate jostles for place in the extremely political 5G race.
US authorities stress to restrict using China’s Huawei presents a possibility for Nokia as subsequent era know-how is rolled out, however Lundmark wouldn’t be drawn.
“Maintaining good relations with governments in pretty much all parts of the world is extremely important,” Lundmark mentioned in a video interview with Reuters on Friday. “We are talking to governments in different parts of the world, but that’s pretty much business as usual for us.”
He additionally declined to reveal his considering on Nokia’s broad vary of product portfolio and technique. The firm made product mis-steps final yr, though it managed an surprising rise in second-quarter underlying revenue because it took on much less low-margin enterprise.
“What we will be doing now is to preview the current plans and then potentially make new plans as to how we develop the portfolio,” mentioned Lundmark, who took on the Nokia prime job final weekend.
“I have theories and ideas in my mind, but again day five is far too early to talk about them.”
He mentioned he hoped to have the ability to give extra element “before the end of the year”.
Lundmark beforehand spent 10 years working in Nokia’s community enterprise in the 1990s and then 20 years working elsewhere. Most lately he was CEO of Finnish vitality firm Fortum.
“This job is my dream job,” he mentioned of his new function. “It’s definitely kind of a homecoming for me.”
© Thomson Reuters 2020
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