China
From Chinese media
Nokia lowers smartphone prices
Updated: 2011-07-06 11:33
By Ben Yue (chinadaily.com.cn)
Nokia Corp lowered the price of all its smartphones to save its decreasing market share, Sina.com reported on Tuesday.
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Nokia predicted losses in the second and third quarters due to a drop in sales of its smartphones.
A Nokia spokesman said the price adjustment is a part of the company's ordinary operation.
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