Do More With Reuters
Partner Services

Nokia says India market share holds at 53 pct - report

Wed Oct 10, 2007 12:43pm IST
 
Email | Print | | Single Page
[-] Text [+]

HELSINKI (Reuters) - Nokia's market share in India held at 53 percent despite recent reports of battery explosions, an Indian news agency quoted Nokia's local marketing director as saying.

"There has been no drop in our sales in India. Use of fake batteries and chargers resulted in the explosions, for which Nokia is not responsible," Devinder Kishore told Press Trust of India.

Kishore told the agency Nokia, the world's top cellphone maker, continued to have a 53 percent market share in the country. Nokia's global market share is slightly below 40 percent.

Nokia warned in August 46 million batteries used in its phones, made by Matsushita Electric Industrial Co. Ltd., could overheat and the company would replace them for no cost to consumers.

Nokia said in August 100 overheating cases of batteries in question had been reported globally.

Photo

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage