Nokia's handset sales in China increased to 23 million during the first three quarters of 2005, marking a 77 percent increase from the same period last year. During the first nine month of this year the company took in $3.3 billion in sales in China. The company claimed 30 percent market share in China, Hong Kong and Taiwan. China currently has 380 million mobile phone subscribers, a statistic which analysts expect will swell to 520 million by 2008 and 600 million by 2010. China is part of the BRIC (Brazil, Russia, India and China) group of emerging markets.
For more on Nokia's handset sales in China:
- see this article from AFP