Nokia a flop in Europe; turn back to forgotten Asian markets

Nokia is busy changing strategies and longing to get back its lost territory in the Asian mobile market. They have decided to focus on low-end handsets again. After experimenting a lot with their own mobile OS Symbian and MeeGo, Nokia realized it couldn’t catch up with the competitors in the high-end smartphone market and the only way to get back to profitability is to go with low-end handsets. Read more...