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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Nokia says to offer free maps to smartphone users AFP - Friday, January 22 Send IM Story Print The Nokia logo is seen at the Nokia Capital Markets Day 2008 in New York. Nokia, the world's top mobile phone maker, will offer free maps and navigation services for its smartphone users, it said Thursday in a move that puts pressure on players in the GPS industry. Slideshow: Full Photo Coverage: Personal Technology HELSINKI (AFP) - – Nokia, the world's top mobile phone maker, will offer free maps and navigation services for its smartphone users, it said Thursday in a move that puts pressure on players in the GPS industry. "We are offering global car and pedestrian navigation in 74 countries, in 46 languages ... Ovi Maps becomes completely free from this moment onwards," Jukka Hosio, director of Nokia's services marketing, told a press conference in Helsinki. The move follows and takes a step further a similar play by Google, which said last year it would offer free navigation to users of Motorola's Droid cellphone model in the United States. With its global move, Nokia increases the pressure on key companies in the global navigation market like Tom Tom and Garmin, which are likely to suffer from an increase in smartphones that support navigation applications. Consultancy firm iSupply said in September it expected the GPS market to fall for the first time in 2009 after years of booming growth and to fall off in the longer term afer a rebound this year and next. It expected the number of smartphones with navigation programs to exceed the number of GPS devices by 2014, whereas today there are twice as many GPS devices compared to smartphones. Shares in Tom Tom slumped on the news from Nokia and were down 6.96 percent at 6.14 euros in Amsterdam at 1505 GMT while Garmin shed 2.72 percent to 35.10 dollars in New York. For Nokia the move is an attempt to boost its own position in the global smartphone market, where it has lost market share to rivals like Apple's iPhone and RIM's BlackBerry. In mid-October, the Finnish firm posted its first loss in a decade, hit in part by tough competition in the top-end smartphone market. "I suppose Nokia thought it could stop some of the slide it has seen in the smartphone market with this move," said FIM analyst Michael Schroeder. "This is such a tangible, useful service that the fact that it is being offered for free will likely attract buyers. But will it be enough to stop the decline in Nokia's market share, I don't know," Schroeder said. Recommend Send IM Story Print Related Articles ICANN approves Internet addresses in Arabic script AFP - Friday, January 22 US-TECH Summary Reuters - Friday, January 22 Lenovo Android phones unaffected by Google China spat Reuters - Friday, January 22 Media in China dismiss U.S. Internet push Reuters - Friday, January 22 Quake survival? There's an app for that AFP - Friday, January 22 News Search Top Stories Flush Goldman Sachs seeks to soothe bonus outrage Victim in Polanski case supports absentia bid Google quarterly net profit up five-fold Haiti quake is a new warning of Latin America's faultline Obama announces plan to rein in banks, finance firms More Top Stories » Related Full Coverage Personal TechnologyMobile phones & personal gadgets All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Australia moving cancer-hit Tasmanian Devils to new islands Booming Chinese economy snaps at Japan's heels Haiti quake is a new warning of Latin America's faultline Google quarterly net profit up five-fold Obama to propose size limits for banks More Most Viewed » Beat the blues by going to bed early: study Huge tomb found at Egypt's Saqqara pyramid Woman who saved Anne Frank's diary dead at 100 Scientists praise Obama as Doomsday clock reset More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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