Retail in Asia

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Nokia’s big trouble in China

Nokia Corp. has a lot of problems on its plate right now, but China is serving up super-sized trouble for the Finnish phone maker. While much focus is on the US in Nokia’s bid for a smartphone comeback, China looks like an even greater challenge to the company’s high-end device ambitions.

According to Stela Bokun, Pyramid Research senior analyst and device specialist, the main battle in China has shifted away from low-cost devices and feature phones and has moved to smartphones, and Nokia is "definitely losing ground here."

(Source: Light Reading)