Nokia Raises Expectations for Mobile Phone Market

5:30 am on March 31, 2006 | Category: Business, Mobile Devices

business/nokia.jpg

The worlds top handset maker, Nokia, has increased its growth predictions for the global mobile phone market, due to greater than expected demand in China and India.

Nokia CEO, Jorma Ollila, released a statement predicting that the number of handsets sold in 2006 would be at least 15% greater than last year. The company’s previous forecast was for growth of at least 10%.

The statement also reiterated previous expectations that 80% of the next billion wireless subscriptions would come from emerging markets, including India and China, and that runaway growth in these countries will bring the number of worldwide mobile subscriptions to 3 billion by the end of 2008.

Related Articles:

    1 Comment »

    RSS feed for comments on this post.

    1. It does look that Nokia is cable to keep the ball rolling if its new announcenment of N96 at World Mobile Congress 2008 is anything to go by.In any discussion of 3G congress, the launch of new devices is always of considerable interest. One such showcased product was the Nokia N96 which is a 5Mp camera phone with a DVB-H tuner inbuilt for mobile TV reception. It is a S60 3rd Edition Feature Pack 2 device which enables it to provide native support to Flash Lite 3. The phone is essentially a 3G phone with additional support for HSDPA. It also supports GSM and EDGE making it a true GSM evolved device and a World-use product. The phone supports a QVGA screen has WiFi b/g support. The mobile phone seems to have been designed for Video, Mobile TV and video based messaging applications. It has 16 GB of internal memory.

      Comment by Amitabh Kumar — March 9, 2008 #

    Leave a comment

    XHTML: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>


    Published by TeleClick Enterprises
    Edited by Jeremy Maddock