NOKIA TO WORK WITH CHINESE PARTNERS ON INNOVATION

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Added On April 20, 2017

China and Finland have agreed to establish an innovation council to guide and promote business cooperation on innovation, explore new ways and provide policy advices.

Nokia's Chairman believed that such cooperation will benefit both sides.

The new platform is considered part of the future-oriented new-type cooperative partnership between Finland and China.

As Chairman of Nokia, the Finnish IT giant, Risto Siilasmaa has been nominated to chair the Finnish team within the council.

While the list of members of the Chinese side has not been disclosed, Siilasmaa named as hopefuls heads of some Chinese IT giants, including Alibaba, Tencent, Xiaomi and Baidu.
  
Siilasmaa has sat on the same panel discussions and in the same advisory boards with the above figures and he expects to continue working with them in the new framework.
  
SOUNDBITE1: RISTO SIILASMAA, Nokia Chairman
"We are committed to work very hard on finding some innovative ways for the two countries to achieve our common goals together."

Siilasmaa admitted there are certain challenges that all the humanity faces.

SOUNDBITE2: RISTO SIILASMAA, Nokia Chairman
"We are moving towards a world that would be even smaller. So we truly have to figure out the way for all of us to live together and support each other."

Siilasmaa believed the newly-confirmed bilateral partnership will benefit Finnish side more.

SOUNDBITE3: RISTO SIILASMAA, Nokia Chairman
"Finland being a fairly small country, there is a much bigger opportunity for this partnership to have an impact on Finland than on China. But Finnish companies are very good in certain areas, on certain narrow but very deep fields, and in those areas we definitely can have an impact on China as well."
  
Siilasmaa has been learning the Chinese language, history and culture for years, and he believes it is a sign to show respect and a way of building trust in global business management.

SOUNDBITE5: RISTO SIILASMAA, Nokia Chairman
"We felt that we need to show trust so that we can be trusted. So we will do the best products' R&D in China in our portfolio, not trying to sell the older products to China."
  
He disclosed that Nokia China is under discussion with a Chinese investor to turn the Finnish subsidiary company into a joint venture.

 

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