Reuters has just
that Nokia will unveil new, large-screen smartphones by the end of
next month at an event in New York, according to sources familiar
with the plan.
Samsung's first Galaxy Note
Those sources did not reveal any details regarding price or
technical specifications, but did say that Nokia's plans include a
phablet (phone + tablet), or a smartphone with a screen that is 5
inches or larger.
(OTCMKTS:SSNLF) is the current leader in phablets with its 5.55"
Galaxy Note II. After being released in Europe and South Korea, the
company's new phablet, the Samsung Galaxy Mega, which is sold in
two sizes (5.8" or 6.3"), will make its American debut on Friday.
) will roll out the new phablet first, followed by
For some context on how big that 6.3" Mega is,
) iPad mini has a 7.9" screen and
) Nexus 7 screen size comes in at 7.02".
Already competing with Samsung is
(KRX:066570) with its Optimus G Pro, released in April and
comparable in size to the Galaxy Note II;
(TPE:2357) with its FonePad, notable for boasting a full 7-inch
(SNE) with the Xperia Z Ultra, which has a 6.44" screen and the
ability to take notes with either a stylus or a regular pencil or
(SHE:002502) has a phablet as well, its 6.1" Ascend Mate, and
(TPE:2498) is developing a new device, the purported 5.9"
. Richard Yu, the CEO of Huawei, has called the phablet the
smartphone of the future because of its "all-in-one" nature.
Nokia has the third largest share of the American smartphone
market, a paltry 4% behind Android's 51.5% and iOS's 42.5%, though
it does have a commanding lead of the
(MSFT) Phone market, with an 85% market share. Making a play into
the growing phablet segment may prove a solid step for growing
Nokia's consumer base.
For more on Nokia, see my story from yesterday:
Nokia Dominates Windows Phone, but Still, the Bar
Is Set Very Low
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