Nokia Targets Low-End Markets (AAPL) (GOOG) (NOK)
Nokia Corporation ( NOK ), the world’s largest mobile phone maker, recently announced the launch of two new handsets, namely Nokia 100 and 101 priced at $30 and $35, respectively, targeting the low-end market. Nokia 101 is a dual-sim phone with 16GB expandable memory and is slated to be launched in the upcoming quarter of 2011 while Nokia 100 is scheduled to hit the market later this year. Nokia 101 is expected to cash in on the growing popularity of Nokia’s dual sim handsets in the low-end market and will mark the company’s fifth dual sim phone in the last three month period […]