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Edition: U.S. Article Comments (1) Save Email Print Reprints Most Popular Most Shared UPDATE 1-BP's cap funneling oil to the surface-Coast Guard 10:07am EDT McDonald's recalls 12 million Shrek drinking glasses 11:01am EDT UPDATE 1-BP aims to stop 90 pct of oil spill flow with cap 7:32am EDT Containment cap placed on BP well -US Coast Guard 03 Jun 2010 BP begins capturing some oil from Gulf gusher | Video 11:03am EDT New Apple iPhone on tap but may fail to dazzle 7:01am EDT WRAPUP 6-BP begins capturing some oil from Gulf gusher 10:42am EDT Tobacco companies contest NY anti-smoking signs 03 Jun 2010 Turkey says may cut ties with Israel to minimum | Video 10:48am EDT WRAPUP 14-BP lowers containment cap onto crippled wellhead 12:38am EDT McDonald's recalls 12 million Shrek drinking glasses 11:01am EDT Book asks: Is Internet ruining our minds? 03 Jun 2010 Caffeine addicts get no real perk from morning cup 02 Jun 2010 BP's battered brand draws consumer opposition 3:30am EDT BP begins capturing some oil from Gulf gusher | Video 11:03am EDT Tobacco companies contest NY anti-smoking signs 03 Jun 2010 UK scheme for MS drugs "a costly failure" -experts 03 Jun 2010 New Apple iPhone on tap but may fail to dazzle 7:01am EDT UPDATE 1-BP aims to stop 90 pct of oil spill flow with cap 7:32am EDT Turkey says may cut ties with Israel to minimum | Video 10:48am EDT pictures Tech watch A recent sampling of our best pictures from the world of science and technology. Slideshow Nokia unveils 4 cheap phones Tarmo Virki, European technology correspondent HELSINKI Thu Jun 3, 2010 5:48am EDT Related News UPDATE 3-Chip firms form venture to boost Linux push Thu, Jun 3 2010 Apple's iPad goes global Sat, May 29 2010 Microsoft dead-set on mobile and games after shake-up Fri, May 28 2010 ANALYSIS-Microsoft dead-set on mobile, games after shake-up Fri, May 28 2010 Apple's iPad goes global Fri, May 28 2010 HELSINKI (Reuters) - Nokia Oyj unveiled on Thursday four new cheap phone models, and a first bicycle charger from the world's top cellphone maker, aiming to protect its dominant market share on emerging markets. Technology | Media Nokia controls more than 50 percent of phone sales in India and Africa, and has a strong prosition on most other emerging markets. "Tens of millions of these products will be sold, but competition is intensifying as Chinese vendors aggressively target the ultra low cost segment," said Ben Wood, director of research at CCS Insight. "With all the focus on its smartphone woes it is easy to forget that Nokia is a power house in entry level products." Nokia has struggled to keep up with rivals like Apple and RIM in the high-end of the market, and its ailing smartphone offering has hurt the stock price over the last few months. The four new simple phone models sales prices, excluding possible operators subsidies and local taxes, range from 30 euros ($36.9) to 45 euros. Two of the new phones, including the cheapest 30 euro model, will enable usage of two different SIM cards -- helping sharing a phone between family members or friends. Nokia introduced also its first bicycle charger, targeting especially consumers with limited access to electricity, and it will go on sale for roughly 15 euros price, depending on market, later this year, said a company spokesman. (Additional reporting by Terhi Kinnunen; Editing by Hans Peters) Technology Media Comments See All Comments (1) | Post Comment Jun 03, 2010 7:28am EDT “Tens of millions of these products will be sold, but competition is intensifying as Chinese vendors aggressively target the ultra low cost segment”. Right. It’s not only the Chinese, that Nokia will have to win. Even a new Indian mobile phone Micromax started only a couple of years ago is already challenging Nokia on the Indian market. Two SIM- cards is no novelty. They have been around for many years on mobile phones made by Nokia’s rivals. Bicycle mobile charger is no novelty either. Dynamos generating electricity for bicycle lamps have been in India and other developing countries for over 60 years! The only novelty in this Nokia charger is the semiconductor chip that stabilises and regulates the dynamo voltage to be suitable for the mobile phone. Just wait and see, while the Chinese and Indians come up with an ultra-cheap add-on gadget that can be wired on to the existing dynamo on almost any bicycle in India and Africa. Then the Nokia charger with a 15 euros price tag will seem to be a over-priced luxury, which the rural population living in areas without electricity cannot simply afford. Workers with 4- years work experience at Nokia’s manufacturing facility in India had to go on strike to get their monthly pay rise from 1400 INR to 2000 INR last year. At the exchange rate then, it meant a hike from 20 euros to roughly 30 euros/ month. And these workers living at Chennai, capital city of TamilNadu state are not among those, who live in poverty in rural India, where always available electricity is still a dream for many. Nokia’s new cheap models and the charger meant for this rural population are still too expensive for whom these products have been designed. However, the timing of this announcement by Nokia is perfect. Nokia wishes to tell investors worldwide, that Nokia is now and will in the foreseeable future remain the King of the low-end mobile phone market. Nokia’s arch rival Apple is expected to announce its latest smartphone : the 4G iPhone next Monday. That’s where the fattest profit margins lie. That is what interests investors on Wall Street in NY and on Dalal Street in Mumbai. ulludapattha Report As Abusive See All Comments (1) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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