Nokia has announced it is withdrawing from the Japanese mobile phone market.
The world's largest mobile phone maker blamed difficulties in expanding in the Japanese market, known for favouring home-grown technology, for its decision.
However, its upmarket niche Vertu phones will continue to be available in Japan.
Despite its global market share of nearly 40 percent, Nokia holds less than one per cent of Japan's mature wireless market as its products have failed to lure consumers from high-performance Japanese-made devices.
"We have judged that we cannot continue to invest in product development just for Japan amid the current tough economic conditions," Nokia executive vice president Timo Ihamuotila said in a statement.
-
Windows 10: Six essential steps IT teams should take over the next two monthsIndustry Insights With Windows 10 support ending soon, IT leaders must act now to mitigate risk
-
New chapter, same partners: Keeping the channel aligned with changeIndustry Insights How to maintain strong channel partnerships amid evolving strategies and market change
-
Nokia hails success of Europe’s first commercial 5G cloud RAN deploymentNews Elise says its 5G cloud network puts it in a strong position during a move towards 6G
-
Kyndryl and Nokia extend partnership to drive data center networking gainsNews The companies plan to offer more data center networking options aimed at enterprise customers
-
Dell and Nokia expand strategic partnership to drive network cloud transformationNews The companies will leverage each other’s expertise and distribution to scale telecom networks and private 5G use cases
-
Japanese telco NTT to invest $3.5 billion in Indian data centresNews The money marks a steep increase in the telco's investment compared to recent years
-
Japan to establish $450 million fund for 6G researchNews The country is aiming to revitalise its domestic industry to compete with telecoms giants around the world based in Finland, Sweden, and China
-
Nokia and Google score breakthrough in Android 13 network slicingNews Nokia's solution will allow devices to connect to multiple network slices simultaneously, provided by existing 4G and 5G operators
-
Tencent to open third data centre in JapanNews There is currently over 183 MW of data centre capacity under construction in the country
-
Nokia wins Indosat contract to expand 5G across IndonesiaNews The deal will bring next-gen communication technology to customers across a 1.4 million square kilometre area
