March 30, 2006

Nokia Boosts 2006 Cellphone Unit Forecast

Nokia boosted their 2006 global cellphone unit forecast to 915 million. That is 15% growth vs. the 10% forecast they had before. The company said 80% of the growth will be from emerging markets such as China and India. Mobile phone subscribers will reach 3 billion by 2008. Only 3 in 10 people in China have a cellphone.