Nokia says that it holds a cost advantage of more than 20% over its closest competitor.
Nokia's CFO Simonson attributed this advantage to factors such as in-house manufacturing, sourcing, and the use of standardized components. On the next-generation side, wideband code division multiple code access, or WCDMA, phones are expected to have a cost advantage of 20% to 30%.
Nokia earlier backed its total operating margin target of 17% over the next two years, with 17% to 18% margins on its mobile devices and multimedia business. The article goes on to talk about how Nokia wants to win more of the CDMA market, which is apparently 50% of the US.
[via Excite]
