Submission + - India overtakes U.S. as Nokia's No.2 Market
alphakappa writes: Nokia today announced that India has overtaken the U.S. to become its second largest market by sales, coming up behind China. In the past 18 months, Nokia has shipped 60 million cellphones from its Chennai factory, and they expected it to become the second largest (volume) by 2010.
Quoting from the story, "India has quickly become one of the largest markets," he told reporters in New Delhi, adding he expects demand will not be limited to cheaper phones. "India is not a low-end market. It is a very versatile market in all price points, in all segments," he said. The story also reports that "India had 185 million mobile customers at the end of July, with more than 6 million new customers signing every month, lured by call rates as low as 1 U.S. cent a minute" Nokia has a design studio and a factory in India.
Quoting from the story, "India has quickly become one of the largest markets," he told reporters in New Delhi, adding he expects demand will not be limited to cheaper phones. "India is not a low-end market. It is a very versatile market in all price points, in all segments," he said. The story also reports that "India had 185 million mobile customers at the end of July, with more than 6 million new customers signing every month, lured by call rates as low as 1 U.S. cent a minute" Nokia has a design studio and a factory in India.
