15 Jul '11, 12pm

Nokia já era! :p Nokia abandons Japan market

Nokia já era! :p Nokia abandons Japan market

Nokia Corp, battered by the popularity of smartphones, is abandoning the Japanese market, after a brief foray with luxury cell phones costing as much as 20 million yen (S$320,860). -- PHOTO: REUTERS TOKYO - NOKIA Corp, battered by the popularity of smartphones, is abandoning the Japanese market, after a brief foray with luxury cell phones costing as much as 20 million yen (S$320,860). The Finnish handset maker is closing by the end of July its last store selling high-end Vertu cell phones in Ginza. Previously, it had three such stores in Japan, although when the decision to leave Japan was made or how many Vertu phones Nokia had sold in Japan have not been disclosed. Vertu said in a statement on Wednesday that it was 'withdrawing from the Japanese market' to better focus on priority businesses. It thanked business partners, said its Tokyo office will fold by the end of thi...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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Nokia abandons Japanese market

Nokia abandons Japanese market

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