"Nokia, the world’s largest handset maker, said it will close an R&D site and cut production to match weakening market demand."

“Nokia is facing stiff competition"

"But the GSMA, which counts wireless broadband connections from devices including net books, modems, data cards, and routers along with cell phones, said mobile connections will grow in 2009.

The group projects a stunning 6 billion connections by 2013.

“Mobile devices make people more productive and save them time and money so even in a recession you will continue to see strong growth,” said David Pringle, a spokesman for GSMA."

Nokia is going no where....they're just going to downsize in the storm of saturation.

doni