Nokia president and CEO, Olli-Pekka Kallasvuo, gave credit to new mobile phone competitors this week, noting that Apple, Research In Motion, and Google have helped to increase interest in the smartphone market, but assuring that his company was ready to respond to all challengers.
“Suddenly you have the mightiest companies in the world there as your competitors. That is a little mind-boggling,” Kallasvuo explained in a public interview at the Churchill Club, a speakers’ forum for Silicon Valley civic leaders.
Kallasvuo was particularly impressed with Research In Motion’s progress in the corporate email market, but said that Nokia (which recently struck a deal to install Microsoft email applications on its advanced handsets) intends to “multiply what RIM has been doing here.”
“We will exceed the RIM client (BlackBerry) in some months with a very good e-mail system,” Kallasvuo promised. This is quite a tall order given that RIM currently boasts some 19 million BlackBerry subscribers.
But Nokia already sells more than 400 million mobile devices a year, giving it a 40% share of the conventional cell phone market, well ahead of competitors like Samsung, Motorola, LG, and Sony Ericsson.
“We have a new, credible competitor in this business,” Kallasvuo said. “Of course we need to be able to respond to any competitor and we will.”
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