News by Michael Oryl on Thursday November 27, 2008.
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Today Nokia announced that it has plans to "refocus" its operations in Japan, the 4th largest mobile phone market in the world, where Nokia has a historically small market share. The change will see Nokia ceasing sales of all but its hyper-expensive Vertu branded mobile phones.
Last week Japanese sources reported that Nokia was planning to start an
Nokia reports that these operational changes will affect roughly 10% of Nokia Japan's employees. Nokia's R&D center in Japan will not be impacted.