Nokia sees 50 percent growth in multimedia phones
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Nokia , the world's top mobile  phone maker, expects the global multimedia phone market to grow  to 120 million units this year from 80 million in 2006, its  Chief Executive Olli-Pekka Kallasvuo said on Wednesday.
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Nokia Oyj, the world&#39;s largest mobile- phone maker, plans to introduce more than 20 handsets featuring cameras with at least 1 megapixel resolution next year in a bid to regain lost market share.
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Nokia , the world's largest mobile phone maker, unveiled three new mobile handsets on Monday intended to boost its offering of mid-range phones and help lift its global market share.
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(InfoWorld) - The number of mobile phone users worldwide will reach 3 billion next year instead of 2008, Nokia said, driven in part by a new trend in emerging markets. For the past year, operators and phone makers have been saying that the bulk of theirÂ future growthÂ will come from areas outside of the increasingly saturated mature markets. Nokia expects that in 2007, several regions, including China, Asia-Pacific, the Middle East, and Africa, will experience 15 percent growth. But Nokia is noticing the surprising trend of growth among customers in emerging markets who are upgrading their phones. Nokia estimates that this year, 52 percent of its sales in emerging markets will come from people who are replacing their phones, said Kai Oistamo, executive vice president and general manager of mobile phones for Nokia. Next year, that figure should grow to 60 percent, Nokia said. Oistamo, along with other senior Nokia executives, outlined the phone giant's strategies for pursuing growth in the next few years during its annual analyst meeting in Amsterdam on Tuesday. Phone users who replace their devices typically opt for higher-priced phones that offer more, Nokia finds, and that's true in emerging markets as well. In India, Nokia found that among buyers of phones that cost over â¬60 ($79), 21 percent were first-time mobile users and 41 percent were replacing existing phones, said Bill Seymour, Nokia's head of investor relations. In addition to a focus on the emerging markets, Nokia will also increasingly pursue mobile Web 2.0 applications. Computer users have demonstrated their interest in creating online content, through the growth of blogs, social networking sites and online video sites. "The significance of this megatrend to Nokia is obvious," said Nokia President and Chief Executive Officer Olli-Pekka Kallasvuo. "We are the key player in bringing this into the mobile environment." Nokia hopes toÂ extend some Web 2.0 applicationsÂ to mobile users and add value to them through location information or other offerings that are unique to mobility, he said. Nokia currently has 850 million users and around half of them have the capability to connect to the Internet, he said. "We can and we will monetize this by embracing the business models that already exist on the Net," he said. Some Nokia customers may soon access Web 2.0 applications from phones with a new design from Nokia. The company will increasingly focus on building very thin phones that don't skimp on functionality, said Oistamo. Motorola recently set off a new trend in ultra-thin phones with its successful Razr and now other phone makers like Nokia are following suit. At the event, Nokia introduced the Nokia 6300, one of its first handsets to exhibit the move toward thin phones. "It's a sneak preview of what else will come out in 2007," Oistamo said. In addition to thin phones, he expects phones that offer location-based services to also be popular next year.
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By 2006 you will be able to watch television on your Nokia phone. Within two years as many as 20 different TV channels will be made available, Anssi Vanjoki, Nokia&#39;s general manager of Multimedia, told the
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Nokia aims for the midmarket and the high end with three 3G phones, including an ultrathin model, a slider phone, and a stylish steel and glass model.
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Nokia has introduced three new phones at their Mobility Conference, the 7710 widescreen multimedia smartphone, the 3230 megapixel smartphone and the 6020 camera phone.
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Nokia will supply equipment supporting GSM and push-to-talk services.
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Leading mobile phone maker Nokia   said on Thursday it would introduce three new phone  models to its line-up, two of them mid-range and one at the  higher end of the market.
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Looking to the future of the internet, voice over IP, streaming video, and other applications, Nokia has developed a prototype handset that supports Mobile Internet
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Finnish manufacturer Nokia, the world's biggest maker of mobile phones, said Monday it would release a touch-screen handset for the first time in the second half of this year.
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Nokia , the world's largest  cellphone maker, unveiled four new multimedia phone models on  Monday, including successors to its top N95 and N73 models.
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Nokia (NOK1V.HE), the world's largest mobile phone maker, expects slowing mobile phone growth in 2005 but plans to launch more phones next year and regain lost market share, the company said on Thursday.
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Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales. The news pushed its shares up nearly 6.5 percent in trading.
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The world's top cellphone maker,  Nokia , unveiled on Tuesday several new mid-range  phones at an analysts' meeting in Amsterdam.
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Finland's Nokia (NOK1V.HE),  the world's top cell phone maker, on Tuesday unveiled a pair of  media phones and a music service in a bid to increase revenue  and win back popularity lost to rivals.
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Nokia Corp., the world's largest mobile phone maker, plans to bring 40 new handsets to the market next year as it seeks to expand its already dominant market share amid increased competition from rivals Motorola Inc., Samsung Electronics Co. and Sony Ericsson.