Nokia to 'cut prices' across smartphone range

e14news — Thu, 07 Oct 2021 10:34:43 GMT

Current Revision posted to Documents by e14news on 10/7/2021 10:34:43 AM
Wireless communication device manufacturers may be interested to hear that Nokia has cut the prices of its smartphones in Europe.

This is according to Reuters, which cited information from industry analysts.

Although a company representative declined Reuters request to comment on the report, he said the "changes were part of its normal business."

The Reuters report observed that Nokia has typically sort to reduce global prices across its product line-up each quarter, though lately it has instead cut prices model by model.

Strategy Analytics analyst Neil Mawston suggested the cuts will trigger a price war with rival manufacturers, such as Motorola, Sony Ericsson and LG.

In other industry news, HTC has begun quality assurance testing for the Gingerbread firmware that has been identified for a roll out on the popular Desire smartphone.

The Taiwanese handset manufacturer had initially said that it wouldn't bring Gingerbread to the Desire due to hardware restrictions.

Posted by Andre Dixon