Hit by a tough market and rough competition, Nokia is hoping that yet another reorganization will shake up the status quo.
The Finnish handset maker announced Tuesday that it will reorganize itself into what it calls a "simplified company structure." To better distinguish its various mobile phones and services, Nokia will revamp its business units into three separate entities--Mobile Solutions, Mobile Phones, and Markets.
The new Mobile Solutions unit will handle Nokia's high-end mobile computer and smartphone products, which run under the Symbian and new MeeGo operating systems. The revamped Mobile Phones unit will turn its attention … Read more