Cell Phone News

Nokia to stop Best Buy’s in China from selling their handsets?

By Stefan Constantinescu on Thursday, January 4th, 2007 at 3:06 PM PST In Financial/Corporate News

Nokia (NYSE: NOK) may stop providing handsets to US electronics retailer Best Buy’s
store in China, according to a rumor reported by National Business
Daily. The report said that Best Buy was selling Nokia handsets at
prices lower than the minimum limits set by Nokia. Best Buy is also
facing a similar problem with Sony Ericsson (NYSE: SNE), said the report. Best Buy
denied rumor. Best Buy opened its first store in China on December 28,
2006.

Source: Pacific Epoch

It’s just a rumour, but I can see why Nokia would want to stop doing business with a company pulling a stunt like that.

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