Nokia Launches New Handsets to Boost Market Share

Monday, 18 Jun 2007 | 3:59 AM ET

Nokia, the world's largest mobile phone maker, on Monday unveiled three new mobile handsets and said their launch would help boost its global market share from the current estimate of 36%.

The new launches include the Nokia 6267, a phone with enhanced music capabilities and multi-media applications using 3G technology; the Nokia 3500 classic, a "stylish" phone with traditional features; and the Nokia 6121 classic, a phone with faster Internet browsing and downloading capabilities.

The Finnish firm in the first quarter this year sold more than a third of all mobile phones across the world, followed closely by rival U.S. handset maker Motorola Inc.

Urpo Karjalainen, Nokia's senior vice president for Asia Pacific, said the new launches would take the total number of new handsets launched by the company this year to 26.

"We now see our share of the global market expanding to above the current estimate of 36 percent," Karjalainen told a ceremony in Singapore ahead of the annual telecoms fair CommunicAsia.

Nokia also announced that it has agreed with Malaysia's MiTV Corporation to introduce commercial broadcast mobile TV services in the country in the second half of 2007.

Karjalainen said the mobile TV services in Malaysia would use the Digital Video Broadcast-Handheld (DVB-H) technology that allows customers to watch TV channels on their mobile phones.

Nokia has already launched several mobile TV services in the Asia Pacific region in countries such as Singapore, India, the Philippines, Australia, New Zealand, Sri Lanka, Indonesia and Taiwan, and has conducted trials in some European and North American countries as well using the DVB-H technology.

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