Nokia’s prices dip
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[November 27, 2006]

Nokia’s prices dip

(Purchasing Via Thomson Dialog NewsEdge) Cell phone giant Nokia
dropped its prices in the third quarter in an effort to compete in emerging markets. Overall unit sales grew in the quarter, but average selling prices dipped to $117 as more product is pushed into China and India for lower prices. Nokia is surging in the emerging markets, said analyst Jussi Hyoty at FIM Securities. Prices have come down because of fierce competition.



Copyright 2006 Reed Business Information. All Rights Reserved.

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