Nokia's surprising upbeat report last week had an element that went largely unreported: The Finnish phone maker shipped 9.3 million units of its low-end Asha smartphones in the fourth quarter, a 50% rise from the third quarter, a trend which suggests strong growth in emerging markets. Analysts believe that cheaper smartphones will take an increasingly larger share of the global cellphone market. For 2013, Nokia Executive Vice President Chris Weber said the company will place a strong emphasis this year on camera phones.

Full Story:
All Things D, BBC, CNET

Related Summaries