Wednesday, December 10, 2008
NOKIA quits Japan - for now...
NOKIA's Japan subsidiary was founded on April 3, 1989 - almost 20 years ago. On November 27, 2008 NOKIA announced to terminate selling mobile phones to Japan's mobile operators, effectively withdrawing from Japan (except for purchasing, R&D and VERTU).
NOKIA's sales figures in Japan were a well kept secret until last week when several Japanese newspapers wrote that NOKIA sold 200,000 phones during FY 2007: thus NOKIA's market share was 0.39% - after 20 years of market entry efforts.
Considering the disastrous collapse of mobile phone handset sales in Japan, NOKIA's move to quit sales in Japan actually makes a lot of sense. Nothing prevents NOKIA from re-entering Japan again in the future.
NOKIA's sales figures in Japan were a well kept secret until last week when several Japanese newspapers wrote that NOKIA sold 200,000 phones during FY 2007: thus NOKIA's market share was 0.39% - after 20 years of market entry efforts.
Considering the disastrous collapse of mobile phone handset sales in Japan, NOKIA's move to quit sales in Japan actually makes a lot of sense. Nothing prevents NOKIA from re-entering Japan again in the future.
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