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Nokia Cuts Prices on its Cell Phones


Posted: 01 Aug 2008
TAGS: nokia
Nokia Cuts Prices on its Cell Phones

According to Reuters, Nokia has dropped prices on some of its cell phones by 10%. Reportedly, the highest price cuts were applied to music and media phones.

Currently, Nokia is the largest handset manufacturer and takes up 40% of the global cell phone market. In these circumstances the competitors will have to lower the prices as well, or risk losing even more market share.

VIA MobileBurn
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