Nokia has raised its outlook for the global mobile market, estimating it to grow by 15 per cent or more in 2006, which would mean shipments of about 914 million handsets. Motorola, the world’s number two handset maker, was thought to be in line with Nokia’s original forecast of 10 per cent growth. Nokia has recently launched three new entry-level phones, all priced below 100 euro ($120), and aimed at customers in developing countries. First shipments of the N1112, N2310 and N2610 models are expected in the second quarter of 2006. The launch followed the opening of Nokia’s new plant in India in March, which will produce both handsets and networks.
