« India raising foreign investment cap on telecom | Main | US Targets 2009 For All Digital TV Network »
October 23, 2005
Emerging Markets Fuel Nokia Sales
Worlds largest mobile phone maker Nokia last Thursday lifted its forecast for global phone sales for this year to 780 million handsets from previously targets of 760 million driven mainly by increased demand in emerging countries.
Jorma Ollila, chief executive, said advances in the large Asian markets, including China, had helped Nokia’s performance. Nokia was expected to gain market share in the crucial fourth quarter.
Posted by admin at October 23, 2005 05:22 AM