Nokia to cease sales in Japan
David Goldstein
Nokia, the world’s biggest mobile phone maker, said on Thursday it will stop selling mobile phones in Japan except for its luxury Vertu brand after struggling to expand its presence.
Finnish Nokia has previously said it will cut costs ‘decisively’, expecting global mobile phone sales to shrink next year amid an economic downturn.
Japan is the world’s fourth largest mobile phone market after the United States, China and India. But it makes up only a tiny part of sales at Nokia, whose products have failed to lure customers away from more sophisticated Japanese ones.
To read this Reuters article in full, see uk.reuters.com/article/technologyNews/idUKTRE4AQ1K620081127.
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