July 5 news, according to foreign media reports, two industry sources said on Tuesday, Nokia in early July reduced the price of all models of smart phones, in an attempt to slow down its decline in the high-end smart phone market share.
One of the sources who directly understood the price adjustment of Nokia handsets said that the company’s flagship model N8, multimedia mobile phone C7, and E6 for business users had the largest price cuts, reaching around 15%.
Two sources said that Nokia's other mobile phone prices are smaller. A source said that "the price cuts for each model are not large, but this price reduction involves all models of smart phones, so the range of price cuts has not been seen for a long time."
A Nokia spokeswoman declined to comment on the specific price and stated that price adjustment is part of his normal business. He said: "This is a normal business activity."
Since the mobile phone running Google's Android platform is rapidly looting the Nokia smartphone market, Nokia is expected to lose money in the second and third quarters this year.
According to market research firm Gartner, the market share of Nokia smartphones in the first quarter of this year declined from 39% in the same period last year to 25.5%. Many analysts expect Nokia's smartphone market share to decline further this year.
One of the sources who directly understood the price adjustment of Nokia handsets said that the company’s flagship model N8, multimedia mobile phone C7, and E6 for business users had the largest price cuts, reaching around 15%.
Two sources said that Nokia's other mobile phone prices are smaller. A source said that "the price cuts for each model are not large, but this price reduction involves all models of smart phones, so the range of price cuts has not been seen for a long time."
A Nokia spokeswoman declined to comment on the specific price and stated that price adjustment is part of his normal business. He said: "This is a normal business activity."
Since the mobile phone running Google's Android platform is rapidly looting the Nokia smartphone market, Nokia is expected to lose money in the second and third quarters this year.
According to market research firm Gartner, the market share of Nokia smartphones in the first quarter of this year declined from 39% in the same period last year to 25.5%. Many analysts expect Nokia's smartphone market share to decline further this year.
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