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Nokia sees rise in handset sales







Nokia sees rise in handset sales

Nokia sees rise in handset sales 09/09/2004 12:47 PM

The mobile phone giant says its next results will now be better than expected, thanks to a boost in handset sales.




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Nokia sees rise in handset sales

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Nokia sees global handset sales up 15
percent to 600 million in 2004 (AFP)


Nokia sees global handset sales up 15
percent to 600 million in 2004 (AFP)
06/14/2004 08:26 AM
AFP - Nokia, the world's leading mobile phone maker, said the global handset market would see a brisk growth of 15 percent this year, reaching a total volume of 600 million units, but it admitted it was uncertain how many of those would bear its name.

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Computer Weekly Jul 16 2004 2:05PM GMT

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Nokia selected as the first 3G handset
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hi,i want to buy a nokia handset ,i ve
decided to buy either


hi,i want to buy a nokia handset ,i ve
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08/19/2004 12:18 PM
TechTree Aug 19 2004 3:56PM GMT

Nokia readies premium handset


Nokia readies premium handset 04/07/2005 03:01 PM
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Nokia loses out in handset market


Nokia loses out in handset market 06/08/2004 05:59 AM
The mobile phone market leader sees its market share eaten away by rivals, despite strong world demand for new handsets.

Motorola sees handset prices rising in
Asia


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02/18/2004 07:13 AM
Forbes Feb 18 2004 11:09AM GMT

Study sees decline in global handset
market


Study sees decline in global handset
market
06/22/2005 02:56 AM

The global handset market will slow down, so companies must target new demographics and create innovative marketing strategies for existing users, according to a new study by consultancy Frost & Sullivan.

Although the total number of mobile handsets sold is expected to rise, the average price of each unit is expected to fall as vendors aim at emerging markets. Overall, worldwide revenues are projected to fall by nearly 16 percent by the end of the decade -- from $126.28 billion in 2004 to $106.59 billion in 2010.

The study, which described the current era in the handheld industry as one of "transition," offered suggestions to help handset companies attempt to turn the trend around. One way for the industry to gain revenue is to market newer and more expensive technology to existing handheld users, Frost & Sullivan said. For instance, the "smart phone," which includes a mobile phone, a PDA (personal digital assistant), and a notebook computer all in one, could appeal to current and former users because such a device is easier to carry than several different devices.

Another important move for mobile handheld device companies is to market toward the technology friendly youth market. Young people between the ages of 13 and 25 offer a lucrative revenue stream and the youth market represents demand for a variety of applications such as downloading ringtones, text messaging and interactive gaming. In fact, youths' downloading of ringtones accounts for the majority of the industry's current revenue.

But perhaps more important is another universal characteristic young customers in particular represent -- the demand for similar quality in wireless devices as in the wired Internet and the unwillingness to settle for less, the study said.

The study, which surveyed hundreds of companies, added that the industry should be -- and is -- turning its focus to emerging markets around the world. By moving production facilities to new regions that will soon experience greater wireless penetration the companies will be able to save on production costs and create proximity to the untapped markets.

The study suggested that though revenues are expected to decline, consumer electronics is still shifting more and more toward mobile devices. It hinted that the handheld industry will have a chance to capitalize as long as companies aggressively explore markets and demographics and respond quickly to the customers' need for personalized and integrated wireless equipment.

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    Nokia sees rise in handset sales

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