Nokia , the second-biggest maker of mobile phones, has unveiled cheaper handsets to meet consumer demand for fast connections to the Internet.<\/p>\n
The Nokia 207 and 208 are candybar-shaped phones that let users connect to speedier third-generation networks, the company said in a statement.<\/p>\n
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Nokia’s $ 68 phones<\/p>\n<\/p><\/div>\n
They come with Nokia\u2019s Xpress Browser that compresses data and will include social applications such as WhatsApp, Facebook and Twitter.<\/p>\n
Both handsets will cost $ 68 and are expected to start shipping this quarter. The third model is a dual SIM version of the Nokia 208.
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The company said the new models are its \u201cmost affordable 3G devices yet.\u201d<\/p>\n
As Nokia strives to catch up with Apple Inc. and Samsung Electronics Co. in smartphones priced at more than $ 500, the Espoo, Finland-based company is also trying to boost sales of more basic handsets that sell for a fraction of the price, a category that accounts for most of its device business.<\/p>\n
Nokia\u2019s first-quarter sales slumped 20 percent as competition from Asian manufacturers of phones that run Google Inc.\u2019s Android software hurt demand for the company\u2019s cheaper models.<\/p>\n
Chief Executive Officer Stephen Elop said the decline in its mobile-phone business was primarily caused by competition and Nokia was preparing \u201caggressive moves\u201d to respond. It unveiled new software to power its Asha mobile phones in May.<\/p>\n
.Reported by Bloomberg
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