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Economics & Trade

Nokia mobile China sales up 77%

Finland-based Nokia increased mobile phone sales in China 77% in the first three quarters of 2005 year on year, selling 23 million units and earning US$3.3 billion in sales in China with 380 million mobile subscribers, reported AFP. Sixty percent of China's telecommunications are mobile, said Nokia. "We believe that by 2010, China will have added another 250 million mobile subscribers, making it the single largest mobile market in the world," said Nokia CEO Jorma Ollila said.

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