Nokia Retreats from the Japanese Market by the End of August

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Some two and a half years ago Nokia played with the idea of pulling back from a Japanese market where it had a thin share of a couple of percent but now the Finnish manufacturer decided to finally, really do it.

After initially Espoo stopped supplying cell phones to Japanese carriers in 2008, Nokia will shut down Vertu handset stores in two Tokyo districts by the end of July. At the end of August, when Nokia’s lease on NTT DoCoMo Inc.’s network infrastructure ends, Espoo will discontinue the phone service while the manufacturer’s Tokyo office will operate until the end of 2011 to handle certain fee refunds and other matters.

Source: Reuters

Via: Engadget

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