Linked by Thom Holwerda on Mon 28th Jan 2008 09:33 UTC, submitted by anonymous
Qt Trolltech, the originator of Qt, which forms the basis of the Linux KDE desktop environment, is being acquired by Nokia, the world's number-one mobile phone vendor. Nokia expects its acquisition of Trolltech to accelerate its cross-platform software strategy for mobile devices and desktop applications, and to enhance its Internet services business. The original press release is also available. Update: "We will continue to actively develop Qt and Qtopia. We also want to underline that we will continue to support the open source community by continuing to release these technologies under the GPL."
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RE[4]: Nokia not trustworthy
by Kondor337 on Mon 28th Jan 2008 17:01 UTC in reply to "RE[3]: Nokia not trustworthy"
Kondor337
Member since:
2006-09-16

> Kept a highly unprofitable plant going indefinitly? Why should Nokia
> hemorage money so some people can keep their jobs?

Highly unprofitable?? There's a very big difference between a highly profitable plant that's only not as profitable as it perhaps could be in another country with lower wages, and an unprofitable, let alone "highly unprofitable" plant!

Additionally, Nokia has compared Apples and Oranges: They compared the costs of production and R&D in Bochum to just production elsewhere. Had they compared production in Bochum vs. production in Finnland, Bochum wouldn't have been less profitable:

http://www.focus.de/finanzen/news/betriebsrat_aid_235055.html (German)

Reply Parent Bookmark Score: 5

RE[5]: Nokia not trustworthy
by Lunitik on Mon 28th Jan 2008 19:01 in reply to "RE[4]: Nokia not trustworthy"
Lunitik Member since:
2005-08-07

They were losing about $40 million to the plant, DESPITE subsidiaries... I'm guessing that's bad for business...

Reply Parent Bookmark Score: 2

RE[5]: Nokia not trustworthy
by Wintermute on Mon 28th Jan 2008 19:09 in reply to "RE[4]: Nokia not trustworthy"
Wintermute Member since:
2005-07-30

The fact that Nokia is public corporation means it obliged to do whatever is within legal limits to improve profitability. Even if does cost only say a million euros extra to keep a factory in Europe, Nokia is still under obligation to relocate it's factory to wherever they think ti would be cheaper.

Now don't get wrong I am far from being right wing on economic issues, but this is the world we live in. Nokia understands this and they are doing whatever it takes to keep competitive...

Reply Parent Bookmark Score: 1

RE[5]: Nokia not trustworthy
by REMF on Mon 28th Jan 2008 23:35 in reply to "RE[4]: Nokia not trustworthy"
REMF Member since:
2006-02-05

"Additionally, Nokia has compared Apples and Oranges: They compared the costs of production and R&D in Bochum to just production elsewhere."

In that case they would merely be stupid, not corrupt or evil as you seem to think.

I highly doubt Nokia is stupid.

Reply Parent Bookmark Score: 2