Nokia Says Jobcuts Allow Greater Focus on Asia

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Sept. 29 (Bloomberg) -- Doug Dawson, a spokesman for Nokia Oyj, discusses plans to cut to 3,500 jobs as it closes a factory in Cluj, Romania, and reorganizes its maps business. Chief Executive Officer Stephen Elop is slimming Espoo, Finland-based Nokia to arrest a decline in market share to Apple Inc. and pursue faster-moving Asian competitors such as HTC Corp. that are driving the price of smartphones below $100. Dawson talks from Helsinki with Francine Lacqua on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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