February 28, 2004
High spirits abound but 3G ship is yet to sail
Some interesting facts and figures from Nokia chief executive Jorma Ollila at 3GSM in Cannes, the industry's annual summit, reported by The FT:
Excerpts:
- There were 1.4bn users of mobile phones at the year-end, 72 per cent of them using the GSM system and 13 per cent on CDMA, whose powerbase is in the US.
- China is the largest market and India and China are expected to account for 25 per cent of the world's subscribers by 2008.
- Nokia's 6600 camera phone had become the world's best selling "smartphone" with 2m units sold since its debut in October.
- Almost four out of every 10 phones sold worldwide bears the Nokia brand but the market leader is facing challenges from many other manufacturers and from software giant Microsoft in the fast-growing smartphone category.
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