Nokia Corp. said Tuesday it expects the global market for mobile devices to grow 10 percent next year
The markets had expected higher growth
It said worldwide sales for all companies should total more than 1.2 billion units in 2008.
Nokia said the worldwide market for Internet services would reach $145 billion by 2010.
The highest growth in the global mobile market next year -- more than 15 percent -- will be in the Asia-Pacific region, China, the Middle East and Africa, Nokia said. The lowest growth -- less than 10 percent -- will be in North America, Europe and Latin America.
Nokia said that globally there will be 4 billion mobile subscribers by 2009, a milestone that would come a year earlier than the company had earlier predicted.
The Finnish company -- which said in October that its global market share had grown to 39 percent, from 36 percent in the third quarter of 2006 -- said it aims to further increase market share in 2008. Its long-stated goal has been 40 percent, although Chief Executive Olli-Pekka Kallasvuo has said the company might raise that target.
Mary McDowell, from Nokia's enterprise solutions division, said Nokia handset owners will be able to use Avvenu's "digital locker," a file access and sharing technology to search, access and share PC files remotely even if a PC is turned off or not connected to the Internet.
Nokia also previously announced major deals with other recording labels, as well as with Vodafone, the world's largest mobile phone company, to provide Internet access "at the click of a button" to handset users. Nokia launched its own Web services on a new site, called "Ovi," that includes an online music store.
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