Nokia to experience delay no thanks to Japan earthquake
The earthquake in Japan has clearly moved more than just earth and displaced lives, it has disrupted the world like never before due to globalization and an unprecedented triple whammy of a tsunami and nuclear fallout risk altogether. This has affected many of those in the computing industry, and even Nokia is no exempt as the Finnish company announced that it expects some disruptions to its supply of new cell phones and other devices due to the recent developments. Nokia claims that the disruption was due to the inability of its firms in the Land of the Rising Sun to keep up with delayed shipments, and will require additional resources (which are wanting) to keep up with the pre-earthquake production pace. There is no specific time window as to when production, and life even, will continue at its full pace. This development won’t affect its Q1 2011 results though – which ought to bring some slice of relief to their shareholders.
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