Nokia shares fall as suppliers warns of hard timeTuesday, 24 January 2012
Nokia's stock collapse firmly on Tuesday as several of the mobile phone manufacturer's suppliers announced weak results and forecasts.
AdvertisementTexas Instruments as well as ST-Ericsson and ST-Micro, all suppliers to Nokia, are forecasting a weak first quarter, suggesting that it is bad for Nokia's computer- like phones and with Symbian operating system under the hammer, there is not source of light being seen coming to the company.
By after mid days on Tuesday, Nokia's shares stood at minus 6 percent at the Stockholm stock exchange.
by Scancomark.se Team
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