Nokia trimmed its preliminary outlook for 2nd half of 2002 to sal...
Nokia trimmed its preliminary outlook for 2nd half of 2002 to sales growth of up to 10% over same period last year, down from previous expectation of at least 15% growth. At midyear investors meeting in Helsinki, Nokia stood…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
behind earlier guidance of 80 cents per share and to estimate that mobile phones would reach 400-420 million handsets, up from 380 million year ago. Nokia has targeted 40% market share for wireless phones and taking leading market position in China. It plans to have first 3G network in operation in Sept. Separately, Nokia signed 3-year agreement with Belgacom Mobile, terms not disclosed, to build 2nd-generation GSM wireless infrastructure in Belgium, providing GSM network infrastructure to carrier, which operates under Proximus brand name.