5/12/2008 11:22:00 AM
Nokia reiterates aim to become an internet company
Nokia chiefs have outlined plans to forge ahead with the company’s recent strategy of diversifying into mobile software and services.
Speaking at Nokia’s annual shareholder meeting, CEO Olli-Pekka Kallasvuo said Nokia's goal is to ‘act less like a traditional manufacturer, and more like an internet company.’
He added that companies such as Apple, Google, and Microsoft are increasingly being seen as competitors by the world's largest handset manufacturer.
Kallasvuo pointed to Nokia’s pending acquisition of GPS specialist Navteq as evidence that Nokia was moving into new markets such as pedestrian navigation and digital mapping.
The company has also recently been pushing its Comes With Music strategy and its Ovi mobile internet portal.