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Record Nokia Sales in India

October 29th, 2006 · No Comments

An interesting parallel to my recent post and speculations on the entry level phone market and Nokia market-share in Thailand.

This report from India…

  • Nokia currently has 38 models available on the retail shelf, of which around 13-25 can be categorised into the low-end segment
  • This segment has a product at every Rs 200-400 price point beginning from sub-Rs 2,000 (about $40)
  • Other companies have only a few models placed at entry level
  • Margins in the low-end segment are around 6-8%
  • 30% of Nokia’s demand comes from rural and semi-urban India
  • 70% of the models sold in rural and semi-urban markets are low-end

According to the Times, Nokia sold a little over 4 lakh (1 lakh=100,000) phones on October 19th—exceeding previous records for sales on Chinese New Year!

(via Economic Times India and Mobile Pundit)

Tags: Emerging Economies · Mobility

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