Finnish wireless phone king Nokia
Nokia has been dancing on the freshly dug grave set aside for struggling Motorola
Meanwhile, Nokia is making strides in expanding its share of the growing Chinese market, as evidenced by an expanded partnership with China's largest mobile phone distributor, China Postel. This latest agreement has the company buying $2.5 billion worth of wireless devices from Nokia in 2007. China Postel has already sold more than 37 million Nokia mobile phones, helping the Finnish giant tap a market that signs up roughly 5 million new subscribers a month.
Nokia has been pushing a goal of 40% market share for years, but it actually lost some share a few years back. The company misread the "thin is in" trend that propped up the RAZR but also struggled with a lackluster lineup of CDMA phones for carriers such as Sprint Nextel
Beyond the second quarter, a new wild card coming into the handset mix this summer is Apple
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Fool contributor Dave Mock is waiting for the "fat is where it's at" trend to come into style so his old Nokia phone will be trendy again. He owns shares of Motorola. Dave is the author of The Qualcomm Equation. The Fool's disclosure policy doesn't take sides; it just holds your hand and talks in a soothing voice.