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    Saturday, June 4, 2022

    Nokia CEO: Smartphones May Not Stay Relevant in 2030

    • Nokia CEO Pekka Lundmark has said that the smartphones may not stay relevant in 2030
    • Lundmark said that users would prefer thinsg like smartglasses more.
    • Companies like Elon Musk-led Nuralink are working on devices that can be implanted into the brain.

    Lundmark, during the World Economic Forum, said that 6G would arrive by the end of 2030 but it could make smartphones obsolete.

    In modern times, the smartphone is very important in the lives of users. In fact, many people can’t tear themselves away from their smartphones for an hour. They are useful for both work and entertainment. However, Nokia CEO Pekka Lundmark says that by 2030 many people will put down their smartphones.

    Why did Lundmark make this statement? He said this because 6G will be officially released in 2030. Pekka Lundmark believes that many people will use wearable electronics and even implant microchips in their bodies.

    In the current 5G era, smartphones remain the most important device for accessing 5G networks. Pekka Lundmark believes that the situation will be different after the commercial use of 6G networks. In this era, smartphones will certainly not be the most common devices, and everyone will use devices such as smart glasses. Internet access, and even implanted chips and electronic devices in the human body.

    However, Pekka Lundmark did not elaborate on what these electronic products look like that can make people put down their cellphones. In 2030, the technical requirements of 6G networks will also change a lot. It will require massive computing power and at the same time the network speed will be faster. It should be around 100 times or even 1000 times faster than that of the current network.

    Nokia Mobile briefly changes its name on Weibo

    Recently, an event on Nokia’s Weibo account caused quite a stir. The official Weibo handle of the company “Nokia Mobile” has undergone some changes. For a while, the name of the company’s Weibo account was changed to “Hemingdi Technology Co., Ltd.”. This has led to a slew of speculation that the company may be going through another selling streak. However, later confirmation reveals that “Hemingdi Technology Co., Ltd.” is also HMD Global. HMD Global is the current parent company in charge of Nokia Mobile.

    However, after two days, the official Weibo account of Nokia Mobile changed its name to “Nokia Mobile Phone”. This wave of operations inexplicably gave Nokia a wave of popularity, even though it did not send cell phones and did not have major news.

    Founded by several former executives, the company has been licensing Nokia’s phone and tablet brands for a decade.

    Nokia pulls out of flagship smartphone market

    In recent years, Nokia has not fared well in the smartphone market. Its smartphones, especially the flagships, have not made waves. As a hegemon in the mobile phone market, its experience is not good. On March 8, Adam Ferguson, head of product marketing at HMD Global, admitted in an interview that the company had pulled out of competition for flagship phones. “It doesn’t make sense for us to make an $800 phone,” he said.

    The company did not leave the flagship market without attempting to return to the high-end market. In 2019, Nokia launched the “Nokia 9 PureView” imaging flagship, but market response to this machine was flat. After that, Nokia no longer obsessed with the high-end market but focused on the market for feature phones and low-end mobile phones. Also, due to patent disputes, Nokia had to withdraw most of its smartphones from the market in some countries.

    Recently, Nokia quietly released the Nokia G21. This is a low-end model, equipped with a UNISOC T606 processor. In addition to the release of the new machine, the Nokia PureBook Pro notebook was also launched last month. We can see that in the smartphone and notebook market, Nokia has not completely given up.

    According to Nokia’s previously announced 2021 financial report, Nokia’s annual net profit attributable to ordinary shareholders was €1.623 billion, an increase of 164.33% year-on-year; operating income amounted to 22.202 billion euros, up 1.6% over one year.

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