Retail in Asia

In Trends

Nokia plays catch up in smartphone market

The world’s largest cell phone maker Nokia Corp. will be shedding 1,800 jobs in order to offset Nokia’s smartphone losses and costs of rolling out its Symbian operating system.

The Nokia software, Symbian, is not only more outdated that Apple’s iOS, it struggles to adapt adequately to touch screen phones. For instance, other handset brands such as Samsung and Sony-Ericsson have attempted to use the Symbian platform but have opted to move onto Android.

Sales of Nokia’s smartphones, the fastest growing section of the market, increased by 61 percent from a year ago to 26.5 million handsets.
 

(Source: The Epoch Times)