Nokia says China will soon be its top market

The chief executive of Nokia said on Wednesday that he expected China to soon overtake the United States as the company's biggest market, reports the IHT.

"Sales in China currently account for 10 percent of Nokia's total revenue, second only to the United States at 13 percent, but rapid growth in coming years is likely to push China beyond that, Jorma Ollila, the chief executive, said during a visit to Beijing. "I would not be surprised to see China take up the No. 1 position in the next three years," he said.

emily | 4:50 PM | News, Buzz |
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