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Subscribers at China Mobile (CHL), the country's largest cellular operator, will be able to...

Subscribers at China Mobile (CHL), the country's largest cellular operator, will be able to order Nokia's (NOK) Windows 8 based Lumia 920T by the end of the month for 4,599 yuan ($739) without a contract. That's a bit later than the November launch that was initially envisaged, although it still beats Apple to the punch, as China Mobile doesn't yet carry an iPhone. Nokia jumps 6% in Helsinki. (previous)
Comments (21)
  • Good going Nokia. Launch it soone in India also.
    5 Dec 2012, 04:03 AM Reply Like
  • India 14th December kapil.
    5 Dec 2012, 04:09 AM Reply Like
  • "It is understood that China Mobile will subsidise Nokia handsets, opening up more windows and doors for the mobile phone maker to deliver as many handsets as possible to Chinese and Pakistani customers." Quoted from Erik Pineda
    It is understood that China Mobile will subsidise Nokia handsets, opening up more windows and doors for the mobile phone maker to deliver as many handsets as possible to Chinese and Pakistani customers."


    quoted from Erik Pineda


    "According to Bloomberg, China Mobile plans to spend $US4.2 billion in smartphone subsidies just so to keep the inflow of customers coming and effectively fend off threats from its rivals.


    ASHA will disrupt androids growth.


    Long NOK..
    5 Dec 2012, 04:05 AM Reply Like
  • Everyone seems so surprised. Almost like they haven't done any homework.


    Funny that Americans are getting 920s so much cheaper than Chinese people who earn 1/2 or less.
    5 Dec 2012, 04:11 AM Reply Like
  • dun be surprised, ip4 & 5 even more expensive in china...
    5 Dec 2012, 12:10 PM Reply Like
  • " ip4 & 5 even more expensive in china..."


    marginal-- 20% more expensive in CN after list, after Ca tax only 10% more expensive.


    Though IPhone 5 not the same in USA as Cn, also battery quality. ...
    5 Dec 2012, 09:29 PM Reply Like
  • NOKIA is the biggest shippers of handsets and Jobs admired them for that.
    "NOKIA was smart enough to make great smartphones and non-smartphones to be price competitive. No other phone device company was able to do this other than NOKIA. "


    Now they are penetrating the high end smartphone devices with their Lumia line which is becoming a threat for the top 2 smartphone makers. Nokia is able to drive the price down while making a better product. With the same functionality or better from competing smartphone devices. Making breakthrough products to compete, drive the cost down while constantly making the product better. The relentless improvement at lower price will eventually beat the competition and yield a larger market share.


    China will accept. Long NOK :)
    5 Dec 2012, 04:20 AM Reply Like
  • I believe Nokia has seen bottom and from now on most of the news should be quite positive which should impact the stock price. Aside from the usual issues that are always discussed I believe 920T opens up the gates to significant unit sales which should reduce cost per handset based on fixed cost allocations over a greater volume then was ever the case for the 900 series announced earlier in 2012 as well as supply chain savings.


    I believe announcement of the Lumia 620 is very important as users in non-subsidized countries will be able to pick up a WP8 unit for all of 259USD, that is incredible pricing.


    Add on cost savings that is going to result from sale of non-core units that have been announced the last few days and I think we will get some significant improvements in results when the financial results are available for us all in 2013.
    5 Dec 2012, 06:52 AM Reply Like
  • 4,599 yuan is not gonna be for everyone...
    waiting to see the price in contract
    5 Dec 2012, 07:50 AM Reply Like
  • ELD is all you say is true, why is NOK rising, i guess investors just dont believe you, no creditibilty, you have weak profile
    5 Dec 2012, 08:26 AM Reply Like
  • The market always come back to the fundamentals some day :-)


    What I'm mentioning, you'll see the effects from Q1-Q2 2013, not before! Enjoy your gains before that :-)
    5 Dec 2012, 08:29 AM Reply Like
  • Eld,


    I suppose you already forgot the riot in the Chinese Apple Store during the iPhone 4s launch. In countries like China, India, Russia or Brazil people have a completly different vision of their consumption, it's quiet the opposite of the Western culture. They prefer to buy a fancy phone rather than to spare some cash for the future. It might be a shock for you, but some people take a mortgage to buy a phone. So I really don't worry about the price. My only consern is the marketing campaign, cause at this price it should be very robust. Nevertheless, Nokia's image is still extremely positive in these countries!
    5 Dec 2012, 08:49 AM Reply Like
  • @ Davidoff:


    We're talking about China here, where Android owns 70% of the market.


    NOK does not exist in China anymore, NOK sold 6m phones in China last quarter in a market of more than 100m phones per quarter.


    $739 is, in my opinion, pretty high comparing to the minimum wages in China ($250 monthly in the reachest parts).
    5 Dec 2012, 09:02 AM Reply Like
  • @Eld


    Well clearly flagship phones are not targeted to the poorest people, thats why Nokia is launching also cheaper Lumia variants.


    And as you know, things change fast in a mobile world, Android phones have gained popularity since there has been no alternatives. WP7.5 was half finished, and iPhone is still incompatible with the 3G network.
    5 Dec 2012, 03:07 PM Reply Like
  • Eld you do see Apple bubble burst today. China Mobile do not except Apple prices, they will maybe not even have a deal with China Mobile. Nokia wins again.


    You maybe should change name again and start making money instead of loosing it?
    5 Dec 2012, 03:31 PM Reply Like
  • We'll see. We're all waiting for Q4 numbers. Looks to me though that NOK's back with a bang.


    Ashas start around $70 unsubsidised, up to about $160 for the 311 which is a small "smart" phone. All the kids here are running about texting with Asha 200s.


    Then the Lumias start now about $250 up to $750. Nokia has much of the pricing covered, there is a wee gap there in the middle which WP8 can't cover due to the hardware requirements. I'm guessing we'll either see WP7 being maintained or an additional Asha to fill the gap. Given Elop's from MS, more probably a couple of WP7 phones even if Asha would have a larger margin and let them dump the obsolete platform.


    I've mentioned a couple of times Asha are the product line to watch for big shipment volumes. They should bring the ASP up and the margins for competitors down.


    Then there's a Nokia 100, my other phone. ~$25.
    5 Dec 2012, 06:00 PM Reply Like
  • China mobile is not a 4G operator, not even a 3G operator.
    It's a mass-market operator in 2G, with 700m subscribers and bit more than 10% are 3G subscribers.


    New 3G subscribers are around 8-10m per quarter.


    This is the target market for L920T. Enjoy the math!
    5 Dec 2012, 09:09 AM Reply Like
  • @Eld


    Yes, that's why China Mobile needed a flagship phone like Lumia 920 to promote its 3G market, even though it's currently fastest growing area at the moment. 4G network is not ready yet, but is being tested and built by NSN (Nokia)
    5 Dec 2012, 03:09 PM Reply Like
  • There are a couple of other companies involved in building out China Mobile's 4G as well.
    5 Dec 2012, 04:58 PM Reply Like
  • "China mobile is not a 4G operator, not even a 3G operator.China mobile is not a 4G operator, not even a 3G operator."


    Cn mobile uses Cn's 3g: Time Division Synchronous Code Division Multiple Access (TD-SCDMA),. China's 3G tech
    5 Dec 2012, 09:32 PM Reply Like
  • TD-LTE is the expansion for China Mobile territories. Nokia partnering with CHL is the right move.
    5 Dec 2012, 12:24 PM Reply Like
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