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Thursday, October 25, 2012

Nokia targeting Indian market with Lumia 510

Nokia is trying to target an emerging market like India with their latest launch of the Nokia Lumia 510. The Lumia 510 is an internet-ready windows based phone. The best thing is that the phone costs about $199 – slightly more than Rs. 10,000. As the phone is built to target the emerging markets, it would be sold in India, China and some countries in the Latin American region.
The Lumia 510 stands at the eighth position in the Lumia series that run of Windows OS. A lot of hopes for Nokia are pinned on the success of Lumia 510. Actually, the company is making efforts to gain back the traction with the help of this phone. The situation does not look too cozy for Nokia as they have already lost about $1.26 billion for third quarter.
Image: dnetcall.com
The sales of this range of Smartphones came down from 2.9 million units from where it was about 4 million units in the preceding quarter. Life became difficult for Nokia after iPhone was launched in 2007. Until then Nokia was the undisputed leader in the world of Smartphone market. In the last five years, the devices with Apple’s iOS as well as Google’s Android have dominated the market.
The Nokia Lumia 510 is a combination of Windows Phone as well as a low-priced gadget, said Mr. Jo Harlow, who is the executive vice president of Nokia's smart devices business.

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