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April 27, 2010

Nokia says Symbian 3 phone to hit shops in third quarter

Nokia N8
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Nokia N8

The world's top mobile phone maker Nokia on Tuesday released details of its first smartphone based on Symbian 3, the much-awaited updated version of its aging operating system.

The N8, which includes a 12 megapixel camera and an inbuilt video editing suite, will be available "in select markets" during the third quarter of this year for around 370 euros (492 dollars), Nokia said in a statement.

Last week, the Finnish company's shares took a hit when the group reported weaker-than-expected first quarter profits and gave a weak outlook, but said it had managed to boost its smartphone market share to 41 percent.

Nokia N8
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Nokia N8

The company is under pressure from the likes of Apple's and Research In Motion's (RIM) BlackBerry in the high-end cellphone segment, with rivals' phones seen as faster and easier to use than Nokia's Symbian technology.

During a results briefing, Nokia CEO Olli-Pekka Kallasvuo said the new Symbian 3 phones would be faster, more user-friendly and well placed to compete with rivals.

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