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Thanks to supply constraints, Nokia (NOK -1.9%) only shipped 30K Lumia 920T units to China...

Thanks to supply constraints, Nokia (NOK -1.9%) only shipped 30K Lumia 920T units to China Mobile through Jan. 30, even though the world's biggest mobile carrier ordered 90K. Bloomberg reports most China Mobile outlets aren't carrying Nokia's flagship Windows Phone ahead of the Chinese New Year holidays due to the constraints - Stephen Elop has already stated Q4 920 sales were hurt by limited supplies (reportedly due to chip shortages). Nokia's Chinese sales fell 79% Y/Y in Q4.
Comments (33)
  • wigit5
    , contributor
    Comments (4205) | Send Message
     
    Just embarrassing that's all I can say... selling 1/4 of my position to take some profit.
    7 Feb 2013, 12:03 PM Reply Like
  • mr wonder
    , contributor
    Comments (554) | Send Message
     
    Do you really think some China Mobile spokeswoman spread confidental info to an unknown Bloomberg reporter about how much 920T they ordered and how many 920T Nokia shipped??

     

    And, even if this rumour is to be true. Do you know the reasons? Do you know the effect of delaying 60.000 Lumia 920T phones on Nokia's balance sheet or your share price?

     

    - $ 4.2 million / - $ 0.001 per share

     

    Don't forget, Bloomberg is very closely attached to its Wallstreet sponsors. It would be unwise to sell or buy your shares on every little rumour Bloomberg (or any other Wallstreet press) is spreading on the internet.

     

    Furthermore, it is only positive that demand exceeds supply. Much better than the other way around
    8 Feb 2013, 06:02 AM Reply Like
  • barcaboyvn
    , contributor
    Comments (272) | Send Message
     
    Nokia should move all the manufacturing sites to Asia. It's waste of time when the QCOM chips are made in Taiwan, then get shipped to Europe to be put in the phone, then ship back to China. Why don't just make all the phones in Vietnam instead? Samsung is building its 2nd site in Vietnam and when they supply the Snapdragon chips to QCOM, the chip manufacturing facility and the phone assembling plant are just 30 miles apart!
    7 Feb 2013, 12:21 PM Reply Like
  • d-b-m
    , contributor
    Comments (62) | Send Message
     
    They are all being moved to Asia. The final European manufacturing center was shuttered last year.
    7 Feb 2013, 11:56 PM Reply Like
  • PFD
    , contributor
    Comments (29) | Send Message
     
    Nokia is moving their manufacturing to Vietnam. Unfortunately it takes a period of time in order to activate a facility like this. here is the Nokia press release
    http://bit.ly/KpJ6Wg
    7 Feb 2013, 12:41 PM Reply Like
  • css1971
    , contributor
    Comments (870) | Send Message
     
    They have some Chinese plants too, I don't think so much is made in Finland anymore.
    7 Feb 2013, 12:46 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (2030) | Send Message
     
    Except that page 36 of the latest quarterly report states that the frigging new factory will manufacture feature phones.

     

    I am long $NOK, and these supply issues are driving me nuts.
    7 Feb 2013, 08:17 PM Reply Like
  • JayXu
    , contributor
    Comments (266) | Send Message
     
    Yeah, the supply is driving me crazy too, although I knew Nokia didnt sell too much 920 in China.
    7 Feb 2013, 11:11 PM Reply Like
  • d-b-m
    , contributor
    Comments (62) | Send Message
     
    That doesn't solve the chip problem - in particular the Qualcomm chipsets that Microsoft requires all vendors to use.
    7 Feb 2013, 11:57 PM Reply Like
  • css1971
    , contributor
    Comments (870) | Send Message
     
    Yup. No 920 on the top of the Amazon China smartphone list just now.

     

    http://amzn.to/12hXq9O

     

    From the green text I'm guessing there's 1 in stock.

     

    http://amzn.to/VK2weE

     

    It's November all over again but in China.
    7 Feb 2013, 12:59 PM Reply Like
  • css1971
    , contributor
    Comments (870) | Send Message
     
    BTW, looking at the top 5 there, they are all by different producers, but you would have no idea which by looking.

     

    Says something when Samsung looks original.

     

    Oh and Apple's best is in 15th spot. Totally different market.
    7 Feb 2013, 05:57 PM Reply Like
  • yongshuai
    , contributor
    Comments (62) | Send Message
     
    nobody I know in China would use amazon or even know amazon... we use Taobao and alibaba...
    8 Feb 2013, 10:51 AM Reply Like
  • hdweiner
    , contributor
    Comments (224) | Send Message
     
    The question is: Are they competing for assembly facilities or parts? The difference is important.

     

    The large assembly firms in China have shown the ability to expand capacity rather quickly--unless the nature of the phone proves to be a problem, e.g., assembly scratches on the aluminium exterior of the iPhone 5. If, on the other hand, it's a parts issue, then there is nothing about expanding assembly facilities in Vietnam that will alleviate the supply constraint.
    7 Feb 2013, 02:26 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    The issue is: nobody in China wants to buy Lumia 920Ts. People all over the world want Android devices. Simple as that.
    7 Feb 2013, 02:29 PM Reply Like
  • hdweiner
    , contributor
    Comments (224) | Send Message
     
    Wow.

     

    You must have been VERY busy to have canvassed everyone in China. You must be exhausted. :-)

     

    "People all over the world want Android devices." Wow, again. I'll get this observation to Apple quickly so they can serve the $100B+ cash reserves they've accumulated by selling iOS devices. Stop the presses! No more iOS devices.
    7 Feb 2013, 02:45 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    You seem to be writing while attending a cosy corporate Nokia event. 90.000 orders and 30.000 shipped - that's so pathetic it defies description. I was stupid enough to repurchase from 23rd Jan. profits after the 24th Jan. NOK crash, assuming they got their act together eventually. The truth is: it's actually getting worse.

     

    What AAPL has to do with this, I don't know.
    7 Feb 2013, 04:18 PM Reply Like
  • hdweiner
    , contributor
    Comments (224) | Send Message
     
    @Systembolaget:

     

    I've never attended a NOKIA event, and I'm certainly not attending one now. You clearly have buyer's remorse, but that's your issue to work out.

     

    "What AAPL has to do with this, I don't know." Come on! You're the one who offered the observation that "People all over the world want Android devices. Simple as that." Either this statement is true, or it's not.

     

    Now, if you meant to say that people prefer Android to the WP8 software stack, then say that rather than the more blanket statement you made instead. Clearly, there's room for iOS, perhaps BBRY's proprietary stack, and possibly WP8. With Microsoft's deep pockets--and their pride--history would suggest that writing them off may be hasty.

     

    Here's the thing about NOK: It's clearly not a day trader's stock. Only time will tell if WP8 will grab marketshare, and if so, how much will accrue to NOK. Is it likely that WP8 will one day rival Android devices? Today, that doesn't appear to be likely. However, a 10% share of the world market isn't anything to sneeze at. And 10% for WP8 may be possible in the next year or so.

     

    Finally, the lion's share of Android platforms is coming from Samsung. Samsung has already stated their intent to abandon Android for Tizen. See: http://onforb.es/V1Ya00

     

    At the end of the day, it sounds like you believe the device platform wars are over and settled, while I believe we're still in the early rounds of this battle.
    7 Feb 2013, 04:55 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    Yes, buyer's remorse is putting it mildly after that weird interview Mr. Elop gave in Sydney and when sub-par shipments for China emerged. It appears almost comical how Nokia seems to find every pothole on their road to restructuring. And, indeed I see the war settled for a long time. 1. Chinese brands, 2. Korean brands, 3. U.S. American brands.
    7 Feb 2013, 05:08 PM Reply Like
  • hdweiner
    , contributor
    Comments (224) | Send Message
     
    Hey, it's your money.

     

    Good luck.
    7 Feb 2013, 05:15 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    Thanks. I'm out. All that buying and selling - it became trading - and just watching that company swaggering ahead takes too much time.
    7 Feb 2013, 05:26 PM Reply Like
  • css1971
    , contributor
    Comments (870) | Send Message
     
    Meh, they've had little choice for 2 years and the sales charts say when Lumia devices are available they fly off the shelves.

     

    This is an ops problem not a market problem.
    7 Feb 2013, 05:37 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    Well, problems are problems. They won't just go away. Good luck, nevertheless.
    7 Feb 2013, 05:53 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (2030) | Send Message
     
    @hd Elop did say in passing in one of the earlier interviews, a month ago or so, that yellow has turned out to be difficult to manufacture. I assume the color shows scratches easily or something...
    7 Feb 2013, 08:21 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (9985) | Send Message
     
    Certain types of ABS or PC, when pigmented to achieve a certain colour, are trickier to injection mould and detool than others.
    8 Feb 2013, 04:14 AM Reply Like
  • ajaykc
    , contributor
    Comments (141) | Send Message
     
    I haven't bought a Nokia phone in last 3 yrs which were made in Finland. Mostly China. Also, this survey is kinda old. Supply has improved in February significantly. Amazon.com is the evidence.
    7 Feb 2013, 02:40 PM Reply Like
  • verenous
    , contributor
    Comments (146) | Send Message
     
    What bull they put out
    7 Feb 2013, 05:21 PM Reply Like
  • verenous
    , contributor
    Comments (146) | Send Message
     
    What Bull you put out, how do you know there sales figures?
    7 Feb 2013, 05:22 PM Reply Like
  • verenous
    , contributor
    Comments (146) | Send Message
     
    Hey the dead beat who wrote this did'nt even put his name on it.
    7 Feb 2013, 05:27 PM Reply Like
  • ayojayjo
    , contributor
    Comments (33) | Send Message
     
    Jan 30th was 7 days ago. Chinese New Year starts Saturday. Still don't think the supply issue is that big of a deal in the long run (41 mp Lumia coming soon! Graphene!!), but give it a minute people geez
    7 Feb 2013, 10:12 PM Reply Like
  • JayXu
    , contributor
    Comments (266) | Send Message
     
    Who is to blame?
    7 Feb 2013, 11:27 PM Reply Like
  • yongshuai
    , contributor
    Comments (62) | Send Message
     
    link here, it sold 1031 920 last week http://bit.ly/XZpWHc
    8 Feb 2013, 10:54 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (10316) | Send Message
     
    Good info, thanks yongshuai
    8 Feb 2013, 08:10 PM Reply Like
  • lklein
    , contributor
    Comments (29) | Send Message
     
    Three months into product release and they ship 30,000 more units to the worlds largest market than they did to the MOON....
    22 Feb 2013, 07:16 AM Reply Like
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