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Nokia fails to compete in Japanese mobile handset market (Japan)

  • November 27th, 2008
  • 9:07 am

Nokia, which a few days back announced to launch mobile services of its own using the network of NTT DoCoMo, plans to stop selling its mobile handsets apart its high-end brand Vertu. Nokia took this descision as the handset maker has been struggling to keep and expand its presence in the Japanese mobile market. Nokia, which on the world map has a market share 40% enjoys only 1% in the Japanese handset market as it fails to compete with the high-performance Japanese-made devices. “We have judged that we cannot continue to invest in product development just for Japan amid the current tough economic conditions,” Nokia executive vice president Timo Ihamuotila said in a statement.