Kallasvuo

"Obviously there has been a lot of speculation on my position . . . This speculation is detrimental, " Mr Kallasvuo told CNBC.

Mr Kallasvuo, a member of the tight-knit group that has run Nokia since the early 1990s, will inherit a company in excellent shape.

Olli-Pekka Kallasvuo, the former chief executive of Nokia, quipped that Chipchase was the company's Indiana Jones.

The Nokia 6788 would ship by the end of the year, but has not been priced yet, said Nokia Chief Executive Olli-Pekka Kallasvuo.

With Nokia stock down more than 20 percent this year after two profit warnings, Nokia veteran Kallasvuo had come under increasing pressure.

Last week, Finland's Nokia announced that Microsoft business manager Stephen Elop would replace Olli-Pekka Kallasvuo as its chief executive.

Mr Kallasvuo dismissed Mr Jobs' claim as bogus, saying it was based on a overly broad definition of mobile equipment.

Kallasvuo claims NS is "by far" the market leader in the Latin American telecom managed services market.

Mr. Kallasvuo said Nokia had about 38% market share globally in the third quarter, and that its share in China is in line with that.

Some critics argue that Nokia ought to focus solely on high-margin products such as the Nseries, but Mr Kallasvuo disagrees.

Kallasvuo in June lowered his targets for the second time in three months, forecasting a second-quarter adjusted margin of about 9 percent.

Mr. Kallasvuo declined to comment on the lawsuit Tuesday.

That has not happened since Kallasvuo took over in 2006.

Olli-Pekka Kallasvuo, the boss of Nokia, a mobile-phone giant, unveiled new handsets that can hold music and videos.

And the firm has all but imploded in America, despite Mr Kallasvuo's pledge to conquer the region.