Nokia profits reach all-time high

Nokia profits reach all-time high
Alex Mayhew-Smith Nokia has reported its best ever financial year with a 75 per cent leap in operating profits to ?1.7bn (FM14.6bn) compared to last year. The firm also saw sales jump 51 per cent in 1998. The firm said it plans to increase volume production, particularly to meet demand in Europe and China. According to Dataquest, Nokia recently become the number one in the US digital mobile phone market.


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