Nokia wins deals worth over $2 billion in China

The world's largest mobile phone maker Nokia said on Thursday it had won handset deals with distributors in China worth over $2 billion.

The contributing deals are with China PTAC, worth over $1 billion, and with Telling Telecommunication Holding Co. Ltd., also worth over $1 billion.

It’s noteworthy that,
The value of the deal with PTAC fell for the third straight year, and was down sharply versus the 2009 figure of $1.76 billion.

China is Nokia’s third largest sales area. In 2009 revenues of 6.4 billion euros ($8.6 billion), (no growth in revenues compared to 2008) came from China. --------

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