Nokia moving HQ out of Finland?

[Dinner]

Nokia isn't exactly the best run company in the world, it's sales and profits have been tumbling for the last decade, and Nokia has basically been frozen out of the entire smart phone market by Apple and Google but it's still nice to hear a company is moving operations to the US (specifically to Silicon Valley). I can understand why Nokia would want to move it's HQ to SV since that's where both Google and Apple are plus that's where the biggest talent pool is though I'm not sure if the move itself will be enough to reverse Nokia's sagging fortunes.

Still, this is modestly good news for California so I give it a thumbs up.

http://www.geek.com/articles/mobile/report-nokia-to-move-to-silicon-valley-abandon-finnish-hq-2011028/

[Asher]

It's a MS trojan horse. A former MS executive gets named as CEO, then a bunch of other MS execs replace Nokia veterans and they announce they're moving the HQ to the USA and ditching Symbian for Windows Phone.

[Dinner]

How do corporate taxes compare between Finland and California? I know the US has relatively high marginal rates but no one actually pays those rates so it would be interesting to see if Finland has low corporate taxes just like Norway does.

[Asher]

It's more about being close to actual talent. Anyone who has used a Nokia phone knows they've no software talent.

[N35t0r]

It's more about being close to actual talent. Anyone who has used a Nokia phone knows they've no software talent.

Word. I've refrained from buying nokias because I've always hated their interfaces.

[Perfection]

[MikeH]

It's a MS trojan horse. A former MS executive gets named as CEO, then a bunch of other MS execs replace Nokia veterans and they announce they're moving the HQ to the USA and ditching Symbian for Windows Phone.

Classic case of two wrongs don't make a right.