Nokia's Board has elected Pekka Lundmark to head the company from September. He will fill the roles of President and CEO. He takes over from Rajeev Suri who has headed Nokia for over a decade.
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Once the king of the mobile phone industry, Nokia has reiterated plans to get back into the smartphone market. Meanwhile the company is focusing on its other endeavors in 5G deployment and IoT.
Nokia has appointed Rajeev Suri as its new CEO and President. Nokia will have three areas of focus to improve the quality of its business and solidify its new place in the mobile industry.
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