NOKIA expects 3G mobile phone sales will double next year

The world's largest mobile phone maker NOKIA said they expected the next year before the date of the 3G mobile phone market demand will be doubled. NOKIA said that in 2006 the global market demand for such high-end mobile phones will double, and their goal is to sell a large share of the market in the mobile phone.

Rick Simonsen, NOKIA's chief financial officer, said in a statement: "we expect 3G phone sales to double in 2006" (Rick Simonson)." In an interview with news media CNBC, he was asked about his prospects for next year's 3G mobile phone market. With the development of 3G technology, it brings more new features for mobile phone users, such as fast data connection and many new functions such as video telephone service. Compared to before the NOKIA major competitors in the global mobile phone market Motorola said they expected the company's mobile phone sales in 2006 compared to the same period will be increased, but they do not think 3G will come to the forefront of fashion trends in the next year. NOKIA believes that next year they will increase the market share of mobile phone sales by 10 percentage points, is expected next year to reach the target of sales of more than 900 million handsets.

NOKIA expects total sales of mobile phones in 2005 may be around 780 million.