By Reuters
December 23, 2005
HELSINKI (Reuters)—Nokia expects good growth in third generation (3G) mobile
handset sales next year with global volumes set to double, Chief Financial
Officer Rick Simonson said on Friday.
"We expect the devices to double in volume in 06," Simonson said in an
interview with CNBC, when asked about the outlook for 3G handsets, which enable
fast data connections and more sophisticated functions like video calls.
U.S.-based rival Motorola Inc.'s mobile devices head Ron Garriques said in an
interview published earlier this week that he expected increasing sales of 3G
phones in 2006, but did not see it as a breakthrough year for the 3G market.
Simonson also repeated the Finnish company's forecast for handset sales
volumes overall to grow by more than 10 percent in 2006.
"You're looking at approaching 900 million plus units next year," he told
CNBC.
Nokia has forecast global mobile phone sales from all handset makers to total
780 million units for 2005.
(Additional reporting by Sinead Carew in New York)
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