Nokia also reported that Chief Technology Officer Richard Green is taking time off “to attend to a personal matter,” but wouldn’t give more details.
Respected Finnish daily Helsingin Sanomat quoted unnamed sources saying Green’s leave was due to his disagreement with Nokia’s decision to abandon its own next-generation smartphone software MeeGo in favor of Microsoft’s Windows software.
Exchange traded funds that count Nokia as a holding include First Trust Nasdaq Smartphone Index (NasdaqGM: FONE), Wireless HOLDRs (AMEX: WMH), Global X FTSE Nordic Region ETF (NYSEArca: GXF) and SPDR Morgan Stanley Technology (NYSEArca: MTK).
Gregory A. Clay contributed to this article.