Finnish mobile phone maker Nokia has launched its first mobile phone that based on the Chinese-grown TD-SCDMA technology during the tenth anniversary of its Beijing product development center.
So far, Nokia has launched 16 types of 3G mobile phone products in China and the company said it will continue to expand its 3G product line in 2010.
According to Nokia, both Li Yizhong, director for China's Ministry of Industry and Information Technology, and Lu Xiangdong, executive vice president of the operator of the TD-SCDMA network China Mobile, have expressed their appreciation for Nokia's efforts in the development of the TD-SCDMA technology.
Apart from the effect of the macro-economic situation to the sales of mobile phones, Nokia also face challenges from other smart phone makers like Apple and RIM. Its latest financial report shows that the company made loss of EUR426 million in the third quarter of 2009, which was the first loss during the past ten years; and its net sales were EUR9.8 billion, a decrease of 20% compared with the same period of 2008.