Nokia's China sales dip 20 percent last year--head to ROCK BOTTOM

Nokia's China sales dip 20 percent last year
By Ryan Huang , ZDNet Asia on March 9, 2012 (4 days ago)

Link to ZDNet Article

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The company made its Securities and Exchange Commission (SEC) filing in the U.S. on Thursday, which revealed that revenue in China dropped by 18 percent last year to 5.1 billion euros (US$6.7 billion), after jumping 23 percent in 2010.

In terms of net sales for phones by area, China was the third most important contributor, accounting for 17 percent of revenue, down 1 percentage point from 2010, the filing stated.
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