mocoNews.net - Unhealthily Obsessed with Mobile Content

Current Story

Nokia Aims For Pedestrian Navigation, Not Vehicle Navigation

By James Quintana Pearce - Thu 15 Nov 2007 06:17 PM PST

Nokia (NYSE: NOK) will target pedestrians for its navigation services rather than drivers, according to Michael Halbherr, the head of Nokia’s location-based activities. “It’s not really our intention to take market share away. It’s our intention to grow the market...We want to take the intelligent mapping experience to the pedestrian” Reuters quotes him as saying. Nokia entered the navigation space in a big way with the $8.1 billion buy of Navteq, and said at the time it plans to integrate mapping across a wide variety of mobile services. Halbherr added to this, indicating that Nokia plans to get its users to add content to the maps, to provide much greater detail than otherwise possible. Owning Navteq means Nokia will be able to direct its strategies in directions of little interest to the car-focused navigation industry, as well as in countries that the industry hasn’t seen worth entering (such as India). “The personal navigation devices we see today are not the basis for a long-term strategy. We are about connected devices. I think PND-mobile lines will blur,” Halbherr said. “Navigation is a technology, not a device.”

Posted in: Companies, Nokia, Money, VC M&A, Technologies


Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

mocoNews.net is a news site covering the business of mobile content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

Tricia Duryee
Principal Correspondent

Matt Kapko
Senior Entertainment Reporter

Dianne See Morrison
Contributing Writer

James Quintana Pearce
Contributing Writer

Robert Andrews
U.K. Editor

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters