Nokia (NOK) Looks to Linux as Symbian Replacement; to Make Bigger Move in Key Markets
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According to reports Friday morning, Nokia (NYSE: NOK) may be looking to develop a new Linux-based operating system for a replacement of Symbian in its lower-end smartphone lineup.
Nokia is currently focused on utilizing Microsoft's (Nasdaq: MSFT) Windows Phone for its mid- and upper-level devices, but the system is too advanced for cheaper mobile devices. Digitimes notes the new OS will be for smartphones priced n the $100 to $150 per unit range.
Looking to bolster its presence in China, Nokia's move may be aimed toward that market, as well as India -- both large and expanding economies. Nokia has said it is already in talks with three large China telecom's over carrying devices starting in 2012. Nokia has also named a head of it's China unit in Gustavo Eichelmann.
According to its latest quarterly filing, about 23 percent of total revs for Nokia came from China; 15 percent of handsets were shipped there. Nokia's entry-level dual-SIM units sales 18 million units in the quarter, making it a market leader in China for the segment.
But with staggering sales everywhere else, Nokia needs to strike while the iron is hot. Sales of Apple's (Nasdaq: AAPL) new iPhone 4S with "talk-to-me" capabilities are already roaring, and emerging competitors like HTC and, for its part, Motorola (NYSE: MMI) keep adding pressure through Google's (Nasdaq: GOOG) Android mobile OS.
Nokia shares are trading down more than 2 percent just after the opening bell Friday.
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Nokia is currently focused on utilizing Microsoft's (Nasdaq: MSFT) Windows Phone for its mid- and upper-level devices, but the system is too advanced for cheaper mobile devices. Digitimes notes the new OS will be for smartphones priced n the $100 to $150 per unit range.
Looking to bolster its presence in China, Nokia's move may be aimed toward that market, as well as India -- both large and expanding economies. Nokia has said it is already in talks with three large China telecom's over carrying devices starting in 2012. Nokia has also named a head of it's China unit in Gustavo Eichelmann.
According to its latest quarterly filing, about 23 percent of total revs for Nokia came from China; 15 percent of handsets were shipped there. Nokia's entry-level dual-SIM units sales 18 million units in the quarter, making it a market leader in China for the segment.
But with staggering sales everywhere else, Nokia needs to strike while the iron is hot. Sales of Apple's (Nasdaq: AAPL) new iPhone 4S with "talk-to-me" capabilities are already roaring, and emerging competitors like HTC and, for its part, Motorola (NYSE: MMI) keep adding pressure through Google's (Nasdaq: GOOG) Android mobile OS.
Nokia shares are trading down more than 2 percent just after the opening bell Friday.
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