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Last Updated: Thursday, 2 August 2007, 15:25 GMT 16:25 UK
Emerging markets help Nokia sales
Model displays the new Nokia 7380 model
Nokia has seen sales of its more expensive models improve
Quarterly sales at Nokia have hit their highest level for five years helped by strong business in emerging markets.

Global sales between April and June rose by 28% on the same period a year ago to 12.6bn euros ($17.2bn; 8.5bn)

Nokia, the world's biggest mobile phone company, increased its share of the mobile handset market to 39%, according to research firm Strategy Analytics.

It expected Nokia's momentum in countries such as India to give it a 40% market share by the end of 2007.

'Encouraging sales'

Nokia said it had sold 100.8 million phones in the quarter, up 29% on a year ago.

The Finnish firm's results are in contrast to US rival Motorola, which saw its sales fall during the quarter.

Nokia chief executive Olli-Pekka Kallasvuo said that sales of some of its more expensive handsets had been "particularly encouraging", and had boosted profitability.

The success comes despite a slide in average handset prices as cheaper and lower to middle-range devices are the most popular in emerging markets.


SEE ALSO
Nokia opens India design studio
01 Aug 07 |  Business
Phone firm Nokia to cut 700 staff
15 Feb 07 |  Business
Motorola sales close in on Nokia
20 Jul 06 |  Business
Nokia and Siemens in network deal
19 Jun 06 |  Business
Motorola to invest $100m in India
07 Jun 06 |  Business
US growth aids Nokia mobile share
20 Apr 06 |  Business
Mobiles get emerging markets lift
26 Jan 06 |  Business

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