Nokia intros dual-SIM mobile
Nokia India operations director of the Chennai Factory, Prakash Katama, states the company will be rolling out the double-SIM mobile phone shortly. He adds the upcoming mobile phone would be fabricated at Nokia's Chennai plant.
In the meantime, the company has crossed yield of 500 million cellular phones, thus, hitting a milestone at its Chennai facility after making entry in the Indian market in the year 2006.
According to the Business Standard, the company reported a drop in market share to below 30% for the first time in over a decade during the first quarter ended March.
The market share in India also took a hit last year, losing the lower segment market to other organised and unorganised sector players.
The company would release its first dual-SIM handset by the end of first half of the year 2011, as part of regaining its momentum, according to a company official.
“We did not have a presence in the dual-SIM category, which had its impact on our market performance,” says a Nokia India spokesman.
“However, we are catching up with this and would launch the first dual-SIM product catering the lower segment of the market by end of this quarter.”
The Economic Times says Nokia has 10 manufacturing facilities in nine countries. From the Chennai facility alone, Nokia exports to over 100 countries, which account for 50% of production.
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