Epic Research Singapore : Nokia News Update

Nokia Corp. took the wraps of its low-end Nokia X smartphone, the first in a new family of phones running Google's Android software designed to regain Nokia's eroding position in developing markets.
 

Priced at EUR89 ($122) excluding carrier subsidies and taxes, the smartphone hits an attractive pricing level in places such as India, Indonesia and Russia, and fills a hole in Nokia's product portfolio. 

Amid the rise in popularity of the Android operating system, thousands of developers are making third-party software for the platform. The main benefit of the Nokia X device is that it will be able to run these apps.

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