Engadget got ahold of Nokia CEO Stephen Elop's memo to employees yesterday, and it's one of the most scathingly honest assessments of a company from its leader that we've ever seen.
He basically says that Nokia's current position is hopeless -- Apple owns the high-end smartphone market, Android has taken market leadership from Nokia in the midrange after only two years, and Chinese company MediaTek has created reference designs that now ship in one-third of all smartphones worldwide.
To read the full, original article click on this link: Read This Remarkable Memo In Which Nokia CEO Stephen Elop Is Brutally Honest About The Company's Desperate Situation
Author: Matt Rosoff
