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Technology Stocks : Windows Phone
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From: FJB9/20/2012 8:35:25 AM
1 Recommendation   of 1099
 
Armed With Windows Phone 8, Nokia Catches Big Fish China Mobile

September 19th, 2012 by Trefis Team


Nokia’s (NYSE:NOK) Lumia line could have a much bigger presence in China soon. While all the talk in the past week has been about Apple (NASDAQ:AAPL) and the big iPhone 5 launch, Nokia seems to have pulled off a major coup by getting China Mobile (NYSE:CHL) on board. The news was revealed by a Nokia representative this week. [ 1] While pricing, availability and other details remained absent, we feel the roll out will happen after the Lumia launch in the U.S. considering the big marketing push that Microsoft is going to put behind the whole Windows story. With the world’s largest subscriber base of close to 700 million and a 3G penetration of only about 10%, China Mobile presents a huge opportunity for a popular emerging market brand such as Nokia.

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