Less than two years after putting the pieces together for a business unit to serve the digital health space, Nokia is reevaluating the status of that business.
Nokia has announced a strategic review of its digital health business, less than six months after the company said it must seize the opportunities afforded by changes to the healthcare market.
Details were scant, with Nokia releasing a statement that said: "The strategic review of the Digital Health business may or may not result in any transaction or other changes". It's not clear what the future holds for the team and products, but a strategic review means Nokia is looking at various options.
Separately, Reuters reported Nokia is planning to cut roughly 425 jobs this year in its home country of Finland.
This linked with products including a wi-fi connected scale, Nokia Body, and Nokia BPM+, a blood pressure monitor, to provide an holistic view of a user's health.
After "slower than expected development" of its 360 VR camera, OZO, Nokia said it was offloading around 310 of around 1090 employees working in VR.
But the company wrote down 141 million euros of goodwill on the business in the third quarter of 2017.
The Finnish firm faces intense competition from a growing number of tech companies that are trying to market digital health products - with Apple and Google some of the biggest firms involved.
Withings, the French wearables company, was acquired by Nokia a year ago after the company announced its intention to buy Withings in 2016.
The vendor added its patent, brand partnerships and technology licensing businesses, also part of Nokia Technologies, were "not in the scope of this review".
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