FINNISH PHONE MAKER Nokia has announced that it expects some disruption to its supply of a number of products due to the recent events in Japan.
Nokia said that the disruption is related to the ability of its devices and services unit to supply a number of products. This is due to the recent events in Japan which are anticipated to cause an industry-wide shortage of relevant components and raw materials sourced from the country.
The company has been unable to give any specific details on the scale of the disruption or which products might or might not be affected, but in its press release it said that it "does not expect any material impact on its Q1 2011 results due to this event". More details as to the impact of the events in Japan might become evident with Nokia's quarterly results announcement on 21 April.
So far there has been no word of such shortages from other phone companies, with HTC announcing it is business as usual after the tragic events. Apple, however, has said it is facing possible shortages of components for its shiny Ipad 2.
Niklas Savander, EVP of markets at Nokia said, "Nokia's 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." µ
Buy shares in VPNs now
Yes, even the one your wrote while you were steaming drunk
Tens of people inconvenienced