Nokia to return to South Korean market?
By Dusan Belic on Saturday, April 26th, 2008 at 2:58 AM PST In Nokia
Nokia (NYSE: NOK) is reportedly reentering the Korean market it once abandoned. An official at SK Telecom (NYSE: SKM), said that it is negotiating with the Finnish giant on supplying handsets, and Nokia phones could be on sale in SK Telecom stores by the end of the year.
At the moment, South Korean mobile phone market is dominated by four handset makers — Samsung, LG, Pantech, and Motorola (NYSE: MOT) — and Nokia’s return is likely to cause a great upheaval.
Nokia first entered the Korean market in 2001, but withdrew in January 2003 after a difficult struggle.
[Via: Chosun]
Are you intentionally using word Finish instead of Finnish?
Actually, it’s just the Saturday morning.
Just fixed it. Thanks for noticing!
Hi I’m on my way to South Korea. So are you saying that if I take my new nokia 6220 Classic it might work on their network?
Regards