Nokia (NOK) seems a bit concerned that some small handset companies in China may start to take a piece of the market there.
But, Nokia believes that things in the world’s most populated country may be going its way. "Last year Motorola was aggressive, but not any more. This year we have come to see Chinese rivals using this chance," one manager told Reuters.
And, therein lies the problem for Motorola (MOT). If it does not do well in a huge growth market like China, what are its prospects for recovering in the next few quarters? Probably not good.
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
