Posted by : Anonymous on Jun 18, 2004 - 09:07 AM Hardware

Finnish telecomms solutions provider Nokia unveiled on Monday (14 June) five new mobile phones and outlined its plans for the future. The new mobile phones included the Nokia 6630, the Nokia 6260, Nokia 6170, Nokia 2650 and the Nokia 2600. In addition to the phones, Nokia launched a foldable keyboard with wireless Bluetooth connection.
"We have now sharpened our product portfolio in key areas, bringing new phones to the market in the mid-range, and adding more clamshells to our offering," said Jorma Ollila, CEO of Nokia.

The CEO also downgraded the company's target for handset launches from 40 to 35 in 2004.

Nokia expected the global mobile device market volume to reach some 600 million units in 2004, of which about one-third would be camera phones.

Nokia also estimated that over 60 commercial 3G WCDMA networks would be in service by the end of the year, and that the mobile subscription base would reach two billion in 2007.

According to Reuters, Jorma Ollila said that Nokia would keep aiming for 40% market share globally, as compared to its 32% market share in the first quarter 2004.

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