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Nokia Pinning Hopes on New Tablets and Mobile Devices

May 3, 2012

Nokia is planning to unveil a host of tablets and "hybrid" smart mobile devices in an attempt to revive its sluggish mobile business.

In an interview published today by the Financial Times (registration required), bound-for-the-exit chairman Jorma Ollila tried to excite consumers and investors with promises of new "form factors" for mobile devices and exclusive new services. Such new devices were touted by Ollila as a way to help the company recover from its weakening financial situation.

Nokia recently reported an operating loss of $1.76 billion and a huge drop in sales
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