"India is one of the most important markets for our multimedia devices," Chief Financial Officer Rick Simonson told Finnish national broadcaster YLE on Thursday. Multimedia phones usually carry a high price tag and higher profit margins.
Simonson also said Russia was a key market for Nokia's top-range 8800 model, priced at roughly 1000 euros ($1,250).
Nokia has 50% share of mobile phone market in many of the emerging countries.
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