独家
诺基亚裁员:全球裁员将在未来几年影响1000-1500名印度员工
2020年，诺基亚在亚太地区拥有20511名员工，其中1.5万名员工在印度。该公司在印度的净销售额从13.48亿欧元下降到2020年的9.44亿欧元。据报道，2018年该公司在印度的净销售额为16.29亿欧元。
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爱立信将裁员8500人
尽管爱立信没有透露哪个地区受影响最大，但分析师此前预测，北美可能受影响最大，印度等增长型市场受影响最小。
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知情人士说，全球交付中心和客户体验部门(包括销售部门)等职能部门可能占印度裁员的大部分。
“员工们很担心，预计本月晚些时候将为各种企业举行各种市政厅……我们希望在这些会议上明确我们的业务和角色，”诺基亚一位高管表示。
一位业内高管表示:“印度业务肯定会感受到压力，通常这一比例可能与全球类似，约占其员工总数的10-11%。”
“这些计划是全球性的，可能会影响到大多数国家。现在评论细节还为时过早，但我们预计在适用的情况下，咨询过程将很快开始。商业团体正在寻求减少网站碎片化，但我们目前没有进一步的细节诺基亚印度一位发言人在给ET的一份声明中说。
而诺基亚则赢得了来自Bharti Airtel在美国，由于沃达丰的财务状况和整合工作，该公司与沃达丰Idea的业务没有增长。BSNL是诺基亚印度的主要痛点之一。他们再次与交通部部长会面，将问题升级，并写信给PMO。”
读也
2020年，诺基亚在亚太地区拥有20511名员工，其中1.5万名员工在印度。该公司在印度的净销售额从13.48亿欧元下降到2020年的9.44亿欧元。据报道，2018年该公司在印度的净销售额为16.29亿欧元。
诺基亚发言人本周早些时候对全球媒体表示:“这些计划是全球性的，可能会影响到大多数国家。
诺基亚在3月4日发布的年度报告中表示，在客户融资或延长向客户提供的付款条件方面，公司可能会受到不利影响。报告特别提到了风险因素很高的印度。
该公司补充称:“尽管过去我们对客户的融资、担保和贸易信贷违约导致的减值费用和信贷损失对我们来说并不严重，但未来可能会增加，尤其是在印度等市场，潜在影响我们客户的风险会增加。”
![\"](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
People familiar with the matter said that functions such as global delivery centers and customer experience segments, including sales functions, could account for the majority of the jobs shed in India.
\u201cThe employees are concerned and various town halls are expected to take place later this month for various businesses...We are hoping to get clarity on our business and roles during these town halls,\u201d said a Nokia executive.
<\/div><\/div>Nokia employs some 15,000 people in India. It has two centers - in Chennai and Noida - for global service delivery, a manufacturing unit in Chennai, and its research and development center in Bengaluru. Sources said that the vendor\u2019s India R&D center is unlikely to see a major impact since global R&D will continue to see investments.
\"The India operations are definitely going to feel the pressure and typically the ratio may be similar to what is seen globally, which is about 10-11% of its workforce,\" said an industry executive.
\u201cThese plans are global and likely to affect most countries. It is too early to comment in detail, but we expect the consultation processes to start shortly, where applicable. Business groups are looking to reduce site fragmentation, but we have no further details at this point,\u201d a Nokia India<\/a> spokesperson said in a statement to ET.
\u201cWhile Nokia won business from Bharti Airtel<\/a>, its business with Vodafone Idea didn\u2019t grow due to the telco\u2019s financial condition and integration efforts. BSNL is one of the major pain points for Nokia India. They met the DoT secretary again to escalate the issue, and also wrote to the PMO,\u201d a second person said.
Read also<\/h3>
\"The India operations are definitely going to feel the pressure and typically the ratio may be similar to what is seen globally, which is about 10-11% of its workforce,\" said an industry executive.
\u201cThese plans are global and likely to affect most countries. It is too early to comment in detail, but we expect the consultation processes to start shortly, where applicable. Business groups are looking to reduce site fragmentation, but we have no further details at this point,\u201d a Nokia India<\/a> spokesperson said in a statement to ET.
\u201cWhile Nokia won business from Bharti Airtel<\/a>, its business with Vodafone Idea didn\u2019t grow due to the telco\u2019s financial condition and integration efforts. BSNL is one of the major pain points for Nokia India. They met the DoT secretary again to escalate the issue, and also wrote to the PMO,\u201d a second person said.
Read also<\/h3><\/a><\/div>BSNL payment issue dents India image as investment destination: Global vendors<\/h4><\/a><\/div><\/a><\/div>BSNL proposes hybrid tender to allow easy entry of Nokia, Ericsson for 4G rollout: Report<\/h4><\/a><\/div><\/a><\/div>BSNL can\u2019t use core network equipment from Nokia, Ericsson, Samsung; Centre junks proposal<\/h4><\/a><\/div><\/a><\/div>Nokia to cut up to 10,000 jobs over next 2 years<\/h4><\/a><\/div><\/div>
Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. It had reported 1,629 million euros in net sales in 2018 in India.
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"20.0","minfoseo":"20-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1616086881575","minfoseo":"1616086881575"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-709088874","minfoseo":"-709088874"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3058.0","minfoseo":"3058-0"},"NumberOfWords":{"minfo":"497.0","minfoseo":"497-0"},"key":{"0":{"keyid":"631629","value":"Nokia job cuts","smid":"0","keynameseo":"Nokia-job-cuts","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"3257655","value":"Nokia 5G","smid":"0","keynameseo":"Nokia-5G","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"34974","value":"telecom news","smid":"0","keynameseo":"telecom-news","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"1854127","value":"Nokia layoffs","smid":"0","keynameseo":"Nokia-layoffs","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"107835","value":"Nokia India","smid":"0","keynameseo":"Nokia-India","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"30351","value":"BSNL","smid":"0","keynameseo":"BSNL","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"6354287","value":"bharti airtel","smid":"0","keynameseo":"bharti-airtel","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":[{"artau":"Danish Khan","aunameseo":"danish-khan","artauid":"479206691","artauemail":"danish.khan@timesinternet.in","auFullName":"Danish Khan","pubname":"ETTelecom","designame":"Assistant Editor - Telecom","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":[],"auagencyname":[],"autype":"GENERAL"},{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. 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赞助的故事
<\/a><\/div>BSNL payment issue dents India image as investment destination: Global vendors<\/h4><\/a><\/div><\/a><\/div>BSNL proposes hybrid tender to allow easy entry of Nokia, Ericsson for 4G rollout: Report<\/h4><\/a><\/div><\/a><\/div>BSNL can\u2019t use core network equipment from Nokia, Ericsson, Samsung; Centre junks proposal<\/h4><\/a><\/div><\/a><\/div>Nokia to cut up to 10,000 jobs over next 2 years<\/h4><\/a><\/div><\/div>
Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. It had reported 1,629 million euros in net sales in 2018 in India.
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"20.0","minfoseo":"20-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1616086881575","minfoseo":"1616086881575"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-709088874","minfoseo":"-709088874"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3058.0","minfoseo":"3058-0"},"NumberOfWords":{"minfo":"497.0","minfoseo":"497-0"},"key":{"0":{"keyid":"631629","value":"Nokia job cuts","smid":"0","keynameseo":"Nokia-job-cuts","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"3257655","value":"Nokia 5G","smid":"0","keynameseo":"Nokia-5G","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"34974","value":"telecom news","smid":"0","keynameseo":"telecom-news","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"1854127","value":"Nokia layoffs","smid":"0","keynameseo":"Nokia-layoffs","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"107835","value":"Nokia India","smid":"0","keynameseo":"Nokia-India","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"30351","value":"BSNL","smid":"0","keynameseo":"BSNL","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"6354287","value":"bharti airtel","smid":"0","keynameseo":"bharti-airtel","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":[{"artau":"Danish Khan","aunameseo":"danish-khan","artauid":"479206691","artauemail":"danish.khan@timesinternet.in","auFullName":"Danish Khan","pubname":"ETTelecom","designame":"Assistant Editor - Telecom","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":[],"auagencyname":[],"autype":"GENERAL"},{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. 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赞助的故事
<\/a><\/div>BSNL proposes hybrid tender to allow easy entry of Nokia, Ericsson for 4G rollout: Report<\/h4><\/a><\/div><\/a><\/div>BSNL can\u2019t use core network equipment from Nokia, Ericsson, Samsung; Centre junks proposal<\/h4><\/a><\/div><\/a><\/div>Nokia to cut up to 10,000 jobs over next 2 years<\/h4><\/a><\/div><\/div>
Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. It had reported 1,629 million euros in net sales in 2018 in India.
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
<\/span><\/a><\/div><\/div>
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"20.0","minfoseo":"20-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1616086881575","minfoseo":"1616086881575"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-709088874","minfoseo":"-709088874"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3058.0","minfoseo":"3058-0"},"NumberOfWords":{"minfo":"497.0","minfoseo":"497-0"},"key":{"0":{"keyid":"631629","value":"Nokia job cuts","smid":"0","keynameseo":"Nokia-job-cuts","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"3257655","value":"Nokia 5G","smid":"0","keynameseo":"Nokia-5G","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"34974","value":"telecom news","smid":"0","keynameseo":"telecom-news","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"1854127","value":"Nokia layoffs","smid":"0","keynameseo":"Nokia-layoffs","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"107835","value":"Nokia India","smid":"0","keynameseo":"Nokia-India","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"30351","value":"BSNL","smid":"0","keynameseo":"BSNL","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"6354287","value":"bharti airtel","smid":"0","keynameseo":"bharti-airtel","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":[{"artau":"Danish Khan","aunameseo":"danish-khan","artauid":"479206691","artauemail":"danish.khan@timesinternet.in","auFullName":"Danish Khan","pubname":"ETTelecom","designame":"Assistant Editor - Telecom","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":[],"auagencyname":[],"autype":"GENERAL"},{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. 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赞助的故事
<\/a><\/div>BSNL can\u2019t use core network equipment from Nokia, Ericsson, Samsung; Centre junks proposal<\/h4><\/a><\/div><\/a><\/div>Nokia to cut up to 10,000 jobs over next 2 years<\/h4><\/a><\/div><\/div>
Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. It had reported 1,629 million euros in net sales in 2018 in India.
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
<\/span><\/a><\/div><\/div>
<\/div><\/div>
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赞助的故事
<\/a><\/div>Nokia to cut up to 10,000 jobs over next 2 years<\/h4><\/a><\/div><\/div>
Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. It had reported 1,629 million euros in net sales in 2018 in India.
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"20.0","minfoseo":"20-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1616086881575","minfoseo":"1616086881575"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-709088874","minfoseo":"-709088874"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3058.0","minfoseo":"3058-0"},"NumberOfWords":{"minfo":"497.0","minfoseo":"497-0"},"key":{"0":{"keyid":"631629","value":"Nokia job cuts","smid":"0","keynameseo":"Nokia-job-cuts","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"3257655","value":"Nokia 5G","smid":"0","keynameseo":"Nokia-5G","keytype":"","keycount":"totalcount","weightage":"80"},"2":{"keyid":"1553175","value":"Vodafone Idea","smid":"0","keynameseo":"Vodafone-Idea","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"34974","value":"telecom news","smid":"0","keynameseo":"telecom-news","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"1854127","value":"Nokia layoffs","smid":"0","keynameseo":"Nokia-layoffs","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"107835","value":"Nokia India","smid":"0","keynameseo":"Nokia-India","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"30351","value":"BSNL","smid":"0","keynameseo":"BSNL","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"6354287","value":"bharti airtel","smid":"0","keynameseo":"bharti-airtel","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":[{"artau":"Danish Khan","aunameseo":"danish-khan","artauid":"479206691","artauemail":"danish.khan@timesinternet.in","auFullName":"Danish Khan","pubname":"ETTelecom","designame":"Assistant Editor - Telecom","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":[],"auagencyname":[],"autype":"GENERAL"},{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","details":[]},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":[],"auagencyname":[],"autype":"GENERAL"}]},"similarlytagged":[{"msid":"81571099","stname":"Nokia layoffs: Global rightsizing to affect 1000-1500 India employees over next couple of years","artsyn":"Nokia had 20,511 employees in the Asia Pacific region, of which 15,000 employees were based in India in 2020. The company\u2019s net sales in India fell from 1,348 million euros to 944 million euros in 2020. 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赞助的故事
<\/div><\/div>Nokia recently said that it plans to cut over 10,000 jobs worldwide from a present strength of 90,000.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
\u201cThese plans are global and likely to affect most countries,\" a Nokia spokesperson told global media earlier this week
In its annual report released on March 4, Nokia said it may be adversely affected by developments with respect to customer financing or extended payment terms that it provides to its customers. It particularly mentioned India where risk factors are high.
\u201cWhile defaults under financings, guarantees, and trade credits to our customers resulting in impairment charges and credit losses have not been significant for us in the past, these may increase in the future, in particular in markets such as India, with increased risks potentially affecting our customers,\u201d it added.
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