It's not like Nokia was dominating sales in Japan anyway -- far from it. So it's not too big a loss to walk away from its near 1 percent market share when it's sitting atop a (dwindling) 40% 39% share globally. According to Nokia vice president Timo Ihamuotila, "We have judged that we cannot continue to invest in product development just for Japan amid the current tough economic conditions." Nokia will continue to sell its luxury Vertu branded phones though, presumably on that MVNO Nokia is rumored to be rolling out this spring.Filed under:
