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Citing increased competition and a worldwide economic slowdown, Nokia lowered its third-quarter market share expectations Friday. The world’s largest cell phone manufacturer pointed to “aggressive pricing of some competitors, the overall market competition, including the entry markets, and the temporary impact of a slower ramp-up of a mid-range Nokia device.”

Asia will continue to deliver strong growth in the mobile phone market due to sustained demand from China and India, the world’s two biggest markets of such services, industry officials said.
But, even if Asia is the world’s largest broadband market in terms of absolute numbers, it lags the United States and Europe in overall penetration, [...]

Bharti Airtel and Vodafone Essar will on Friday launch Apple’s third-generation (3G) iPhone in India, a nation with an estimated population of 1.13 billion, where one in five people owns a mobile phone.
Two models will be up for grabs: one with 8GB memory (in black colour) and another 16 GB (white and black) for Rs [...]