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Nokia faces great challenge in China from China-made cell phones and China replica cell phones. Last week, Nokia reveals its first deficit in ten years in its own seasonal report.
"China-made phones are much cheaper than foreign brand." A 24-year-old manager in Shanghai spent about $73.5 on a Lenovo mobile phone. He said the phone was the same as the foreign branded product.
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Lenovo, ZTE, Huawei and some replica cell phone manufacturers are grabbing pies with Nokia manufacturers as well as other foreign brands like Apple iPhone and RIM Blackberry. China replica cell phone providers even make their own brands, like Hiphone and Anycool.
Moreover, China wholesale sellers, retailers and dropshippers solve product distribution problems for China Replica manufacturer, and quite a few of those sellers even export replica products to foreign countries.
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"Nokia faced many problems before, but never like this time. Nokia now encounters competitions from high, middle, low-end market at the same time in China." Said credit analyst Kulbinder Garcha.
Real Market Share
Nokia share prices in Helsinki Stock Exchange in Finland have fallen 18%, to Euro €9.09. But ThomasJonsson, a spokesman from Nokia, emphasized: "We are still number one cell phone brand in China. And we have powerful strategy to keep improving".
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In the third season, smart phones fell about 6% as Nokia reports its first deficit, comparing to last season. Nokia claimed that its entire market share was about 38% and would keep the same level in the fourth season.
But some analysts doubt these numbers and said some small numbers were hard to trace. Garcha expressed: "We shouldn’t neglect the number of shipments of China electronics replica mobile phones. It is necessary to revaluate Chinese cell phone market and Nokia’s share."
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