Nokia sees no impact on Q1 results from Japan earthquake

News Wireless Global 21 MAR 2011
Nokia sees no impact on Q1 results from Japan earthquake
Nokia said it expects component shortages due to the earthquake in Japan to impact some of its product deliveries, but this should not have a material effect on first-quarter results. Nokia said a complete picture of the impact was not yet available. However, the company expects some disruption to the ability of its Devices & Services unit to supply a number of products due to the anticipated industry-wide shortage of relevant components and raw materials sourced from Japan. Nokia said its supply chain management system is designed to mitigate operational disruptions by using alternative sources for components and production processes. In an effort to minimize the impact, Nokia is in talks with with suppliers inside and outside of Japan. Nokia said it will provide more detailed information during its next quarterly results announcement on 21 April.

Categories:

Mobile

Companies:

Nokia,  ITS

Regions:

Global

Tags:

Production planning & operations, Components, Handsets

Related Articles

GLOBAL 17 MAR 2011

Sony Ericsson sees supply chain disruptions from Japan

Sony Ericsson expects the disruption to components businesses in Japan to impact its business. In an update on the effect of the earthquake on its activities, the handset maker said none of its around 1,100 employees in Tokyo have been injured and there was no major damage to its offices. However, as the affected area in northern Japan supplies a large portion of the world's electronics industry with components, the current situation will impact Sony Ericsson's business. As part of its business continuity p

GLOBAL 17 MAR 2011

Qualcomm supply chain process continues after Japan crisis

Qualcomm saidit was monitoring the situation but that the earthquake and tsunami in Japan is not expected to significantly impact the company's supply chain. The company said it has multiple, geographically diverse sources for supply as well as production processes specifically designed to mitigate disruptions to the supply chain. With regard to the availability of Bismaleimide Triazine (BT) resin, Qualcomm uses either BT-based or epoxy-based laminate materials in its chipset packages. To account for any po

GLOBAL 16 MAR 2011

HTC says no impact on operations from earthquake

HTC said the earthquake in Japan has not had a significant impact on its global business to date. The smartphone maker said its global supply chain and distribution channels were unaffected and operating as normal. The company has a business continuity strategy and framework in place, which activates a secondary supply chain in the event of a crisis or natural disaster. HTC said it's also working closely with its supply chain and distribution channel partners to monitor the situation in Japan, and will take

GLOBAL 16 MAR 2011

Ericsson sees no impact on Q1 sales from Japan earthquake

Ericsson issued a statement saying the earthquake in Japan is likely to have an effect on global semiconductor and component supplies. Ericsson said that it's "reasonable to expect that the events in Japan will affect supply of components but it is too early to say to what extent". The company has been working on business continuity plans and assessing the impact on its activities since the earthquake struck on 11 March. Typically such activities include supply and sourcing activities such as spot market pu

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.