Nokia Names Africa and Asia as Growth Engines

03 April 2006

   HELSINKI - The world's biggest cellphone maker predicts Asia and Africa will account for 80% of the industry's expansion this year, fuelling global growth of 15%.
   Nokia currently has a global market share of 34%, ahead of Motorola's 18%, Samsung's 11%, and LG and Sony Ericsson which each have 6.6%.
   Ceo Jorma Ollila told the annual meeting that the firm is "well placed for some new innovative leaps".