Nokia Siemens Q4 sales exceed 5 billion USD

C114 Beijing Time January 29 Morning News (SHANGMU) according to Nokia's fourth quarterly report in 2009, Nokia Siemens (hereinafter "NSN") fourth-quarter net sales of € 3.6 billion (C114 note: About 5.03 billion U.S. dollars), although the year-on-year decline of 16%,　　But it grew by 31% from 2.8 billion euros in the third quarter.　　The figure has graced Rajeev Rajeev Suri, who became NSN's new chief executive on October 1, 2009, the first of its company in the fourth quarter. Nokia CEO: Delighted to NSN's fourth-quarter performance Kallasvuo Olli-pekka Kallasvuo, Nokia's chief executive, said it was "delighted to see NSN's performance in the fourth quarter, especially given the continuing challenges in the current infrastructure market." Such performance makes its full-year profit a very effective basis.　　"In the third quarter of 2009, Nokia reported a net loss of € 559 million (at the time of $836 million trillion) and a net loss of more than 1.13 billion euros (about $1.7 billion trillion) in the last quarter, as a result of the write-downs of NSN € 908 million (then about 1.354 billion US dollars)," he said.　　However, investors are still confident, there is news that at the end of December 2009, Siemens and Nokia jointly to NSN customers issued a statement, said in the future will continue to support NSN.　　In 2010, Nokia announced its new fiscal targets for capital market investors, noting that NSN, despite poor performance in 2009, is expected to grow at a higher rate than the overall market level in 2010, with its adjusted operating profit margin operating at 0-2%. The "consolidation" of the Bai Weixian to the "growth" of Rajeev during the Bai Weixian (Simon beresford-wylie) term, NSN completed the integration.　　But it also makes Rajeev's connection not easy, and his job is to bring real growth to the company.　　The situation is extremely grim for him: while the global economy has not yet fully recovered from the credit crunch, the telecoms industry, which has no shortage of bright spots in China's 3G construction, is still wary of investing, while the company faces challenges and catch-up from China's rivals.　　November 3, 2009, NSN announced a plan to strengthen financial performance and promote business growth, including restructuring the company's business unit, reducing operating costs and production costs, saving daily purchasing costs, expanding partnerships, and implementing acquisition plans that help expand existing product areas or customer relationships. One of the two points of particular concern is the consolidation of the original 5 divisions into 3, the Business Applications programme sector, the network systems sector and the global services sector, and the new division began operation on January 1, 2010.　　Second, NSN plans to achieve annual operating expenses and production costs by the end of 2011 to reduce the cost of € 500 million compared with the end of 2009. Rajeev in the media interview.Said the NSN has shifted its strategic focus from cash flow and profitability to boosting market share – which may have a direct bearing on NSN's fourth-quarter sales growth – while also signalling a more intense 2010-year competition in the telecoms equipment market.