- Nokia had a 50-50 joint venture with Siemens of Germany which provide opportunity to expand in Europe. Creating such ventures will boost the market share of company.
- The Asia-Pacific cellular phone market is one of the fastest-growing in the world today.
- Fashionable, stylish and aesthetics of the handsets drive new market and there is adequate consumer demand for fashion mobile phones by 2010.
- Nokia has enormous demand potential in new developing markets like India and China.
- In the third quarter of 2010, the global cellular industry grew by 14.6 percent.
Threats
- Nokia’s hold on the long-established cellular phone market has been loosing after the arrival of several Chinese manufacturers mainly in emerging markets.
- RIM, Apple and the different sellers have created strong pressure on Nokia by creating Android-based handsets/Smartphone.
- In the Asia/Pacific competitive forces are emerged and have put the Nokia’s quarter in loss.
- It is very difficult for sellers to differentiate their products by just adding up superior technology features.
- In emerging countries, brands like Nexian, i-Mobile and Micromax snatched away Nokia’s market share.
- In the selection of handset consumers are becoming more complicated in the choice of handset. They need fashionable and stylish mobile phones.
- Lenovo, ZTE and Huawei offered devices in numerous markets and race in South Korea is won by Samsung.
- Nokia has been facing strong price pressure from different competitors.
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great observation but there is some contradiction
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thanks
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Regards…..Majid
i pleasant to knowing about nokia with swot analysis inspite of knowing their weakness.but i m satisfied as a customer
i was very happy in knowing about the SWOT analysis in NOKIA………AND THIS INFORMATION HELPED ME A GREAT DEAL IN PREPARING MY PRESENTATION………AND I AM FULLY SATISFIED
information given here helped me a lot in preparing my presentation………………thanks
thanks for the relevant information it is actually helping me in presentation preparation
thanks i learnt a lot
I m pleased to inform, when we talk about the opportunity n threats that results out from analysis of external environment, when we talk about external environment that is classified as 1)general & 2) industry, I m intended to learn/ know the output of ( opportunity n threats) analysis external environment specifically based on 1.general & 2. industry
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