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February 12, 2006
Nokia sales in China grew 29% last year
(MENAFN) The Finnish telecom giant Nokia said that its net sales in China, including Hong Kong and Taiwan, surged by 29 percent to $4.6 billion last year, Xinhuanet reported.
The president of Nokia (China) Investment Co Ltd. said that this revenue growth has turned China into Nokia's largest single market.
China last year contributed 11 percent of the annual global sales of Nokia, the world's largest mobile phone maker and a major mobile telecom equipment maker.
Nokia's exports from China grew by 15 percent to reach $3.43 billion last year.
The senior vice-president in charge of Nokia's customer and marketing operations in Greater China, said the past year was a banner year for Nokia because the firm made good profits in a mature market.
Posted by admin at February 12, 2006 06:22 AM