Nokia to Exit Japanese Handset Market

Nokia said on Thursday that it will stop developing handsets for NTT DoCoMo and Softbank Mobile, IDG reports, concluding a five-year-long push by the Finnish handset maker when it first launched its Japanese 3G service back in 2003.

“The current global economic conditions pushed Nokia to withdraw from the Japanese market,” said Thomas Jonsson, a company spokesman, in the article. “The company [examined] its operations worldwide and decided that development for the Japanese market is not a priority,” he said, adding, “we’ve not reached our own internal targets over a sustained period.”

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