Nokia looks forward to continuing growth

Nokia has presented its expectations for overall industry developments and set out its targets for the next one to two years - and they don’t look too bad either. Nokia now apparently expect:
- mobile device industry volumes in 2006 to grow more than 10% from the 780 million units we estimate for 2005, and the mobile device market to also grow in value in 2006
-
the number of mobile subscriptions to surpass three billion in 2008 (rather than in 2010 as Nokia stated in February this year)
-
slight to moderate growth in the mobile infrastructure market in 2006
Nokia also announced they’re going to focus more on 3G next year, which should please the operators.
[Source: Nokia]






