Posted by: cmani2010 | August 23, 2007

India Overtakes U.S. As Nokia’s No.2 Market

An interesting report from reuters in the the New York Times.

India Overtakes U.S. As Nokia's No.2 Market
Published: August 23, 2007
Filed at 6:21 a.m. ET
NEW DELHI (Reuters) - Nokia , the world's top cellphone maker, said on Thursday India overtook the United States in the second quarter to become its second-biggest market by sales after China.
Nokia shipped 60 million handsets from its factory near the southern Indian city of Chennai in the 18 months to August, and CEP and President Olli-Pekka Kallasvuo expects demand to remain strong as India's user base surges.
"India has quickly become one of the largest markets," he told reporters in New Delhi, adding he expects demand will not be limited to low-cost phones.
Globally, Nokia sold 100.8 million phones in April-June and, according to research firm Gartner, had a market share of 36.9 percent.

Read more at the website. On a personal note, we have four phones from Nokia between my parents and my family 😉


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