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Edition: U.S. Article Comments (2) Save Email Print Reprints Most Popular Most Shared Obama to announce $50 bln infrastructure job plan 11:06am EDT UK police seek information on newspaper eavesdropping 05 Sep 2010 Firm can't fire man for 1.8 cent theft 03 Sep 2010 Tropical storm Hermine strengthens off Mexico 11:01am EDT God did not create the universe, says Hawking 02 Sep 2010 German party mistakenly hands out porn pens to kids 03 Sep 2010 Jobs data continues to lift global equities | Video 10:17am EDT What might make the Fed flinch? 05 Sep 2010 RPT-UPDATE 1-Wall St Week Ahead: Stocks fly into September 05 Sep 2010 In wake of Earl, U.S. eyes other potential storms 05 Sep 2010 Obama to announce $50 bln infrastructure job plan 11:06am EDT Strange and unusual 26 Aug 2010 German party mistakenly hands out porn pens to kids 03 Sep 2010 God did not create the universe, says Hawking 02 Sep 2010 Vit D linked to cancer, autoimmune disease genes 23 Aug 2010 Jobs data continues to lift global equities | Video 10:17am EDT Firm can't fire man for 1.8 cent theft 03 Sep 2010 Obama plan will bring jobs in 2011-White House 10:56am EDT Tropical storm Hermine strengthens off Mexico 11:01am EDT Analysis: More talk of Belgium split as coalition talks fail 05 Sep 2010 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. Nokia bets on new smartphones for recovery Tweet This Share on LinkedIn Share on Facebook Related News INTERVIEW-Navigon sees further fall in European PND market 2:41am EDT Samsung to challenge Apple's iPad with own tablet Fri, Sep 3 2010 Samsung raises 2010 smartphone sales target Fri, Sep 3 2010 UPDATE 2-Samsung raises 2010 smartphone sales target Fri, Sep 3 2010 Samsung to challenge iPad with own tablet Thu, Sep 2 2010 Analysis & Opinion iPad shift may wreak havoc on parts of tech sector Related Topics Technology » iPad » Media » Nokia's CEO Olli-Pekka Kallasvuo leaves the stage after his speech during Capital Markets Day at Dipoli Conference Centre in Espoo in this December 2, 2009 file photo. Credit: Reuters/Lehtikuva/ Pekka Sakki By Tarmo Virki, European technology correspondent HELSINKI | Mon Sep 6, 2010 8:36am EDT HELSINKI (Reuters) - Nokia, the world's biggest cellphone maker by volume, will introduce new smartphone models next week at its annual media and industry event, aiming to assure investors the company is on track to recovery. Nokia, whose profits and share price have dived in the last few years, is now betting on the renewal of its line of smartphones, which could save the career of embattled CEO Olli-Pekka Kallasvuo. The cellphone maker will unveil its new flagship model E7, which comes with a large touchscreen and full keyboard, at the show in London, two sources with direct knowledge of Nokia's plans told Reuters. Nokia will also introduce to the public its new N8 model, which is the first phone to use the new Symbian 3 software, along with other new smartphones, the sources said. The N8 -- unveiled in April and due to go on sale later this month -- stands out among its rivals for its 12 megapixel camera but has a slower processor than Samsung's top model Galaxy S and the latest iPhone. "As the N8 starts shipping and other devices are unveiled, Nokia will be hoping that it can lay the foundation stones for its recovery given the onslaught of competitive products currently hitting the market," said Ben Wood, director of research at CCS Insight. "It has made some big commitments on fixing Symbian and its first flagship product using the refreshed Symbian operating system. Failure is not an option," Wood said. Nokia's Symbian operating system has yet to attract a large number of software developers interested in creating compatible applications, a key selling point for high-end cellphones. HAVE THEY FIXED IT? Nokia controls 40 percent of the smartphone market with its Symbian software but has lost its leading position among the most expensive models to easier-to-use phones from Apple and Research in Motion. Nokia's failure to roll-out successful high-end cellphones, which have fatter margins, has hit the company's profits and share price hard over the last few years. Its stock has dropped to roughly a third from mid-2007 when the iPhone went on sale. Last year, Apple surpassed Nokia as the handset maker generating the largest total profit, despite selling only one iPhone for every 13 phones Nokia sells. CEO Kallasvuo, whom industry sources say Nokia is looking to replace, has promised the usability of Nokia's Symbian smartphones would not be an issue by the end of this year. He will make the keynote speech at the London show on Sept 14 at 9 a.m. (4 a.m. EDT). "Everyone will be very curious about the Symbian 3 user interface," said analyst Francisco Jeronimo from IDC. "We will probably see good designs with a focus on touchscreen at very competitive prices, but the main question is: Have they finally fixed the user interface?" (Reporting by Tarmo Virki; Editing by Karen Foster) Technology iPad Media Comments See All Comments (2) | Post Comment Sep 06, 2010 11:21am EDT WOW.. half of the story is Virkkis crying about Nokia and how Apple is sooo good..! Get a grip man, death grip..=) Two N8 orange preordered, cant wait to get them even there is slover prosessor, but everybody knows that Sympian dont need that much speed… Android again needs and that´s why they dont sell cheaper phones and what iPhone wins about that speed..multitasking..?=) FSC Report As Abusive Sep 06, 2010 11:46am EDT “Nokia’s Symbian operating system has yet to attract a large number of software developers interested in creating compatible applications, a key selling point for high-end cellphones. HAVE THEY FIXED IT?” The key question is not whether Nokia has fixed the Symbian platform or not? The crucially critical question is: Will Nokia attract a sufficiently large number of software developers interested in creating compatible applications? Until now, most software developers have abandoned the Symbian platform as obsolete and difficult/ painstaking to work on. Google’s Android platform on the other hand has attracted a large number of developers already even though the Android platform is relatively new. High-end smartphones are no longer just mobile phones. They are mini-computers in your pocket, which do amazing things. Oh yes, you can also make a phone call with them if you need to. But, that feature is not their main feature. Just a side issue, in case you need to make a phone call. Nokia seems to be still living in the “mobile phone era” in which making/receiving a phone call on the move was the main function of the device. It’s no longer that. “Change” is the key word now even in the mobile phone world. It has taken Nokia awfully long to realise this new revolution in the mobile phone business started by Apple over three years ago! Others like Samsung and Motorola saw the world changing and came up quickly with new models using the Android platform. Nokia got stuck like glue with its outdated Symbian platform, which it is still trying to keep alive by artificial respiration. Pathetic. ulludapattha Report As Abusive See All Comments (2) 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 Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research 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 Reuters on Facebook 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. 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