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Its chief strength has been and continues to be its handsets, with device and service sales accounting for about of total sales in Q. However, subsidiary Links of London Siemens Network NSN is also a major component, contributing over EURbn USbn in annualised net sales in Q. NSN provides infrastructural hardware, software and services to mobile operators around the world. Source Nokia Nokia is based in Espoo, Finland and European markets still make up a large share of its sales, representing about . However, emerging markets taken together represent over half of total sales, with Latin America Links of London Pink Heart Charm Signature Necklace for more than of total sales before the financial crisis of late early . After the crisis, total sales fell significantly, and Latin American sales experienced a disproportionately large decrease, down to less than of total sales. As Nokia begins to recover, the percentage of total sales attributed to Latin America has slowly crept higher. Nokia’s share price has followed a downward trend since before the crisis, and stands at about EUR. US. down from a high of nearly EUR US in October . Emerging markets such as Brazil, Chile, Argentina, and Peru will likely figure prominently in Nokia’s turnaround strategy for future growth. According to former Nokia CEO OlliPekka Kallasvuo, ‘despite facing continuing competitive challenges, we ended [Q] with several reasons Links of London Scottie Charm be optimistic about our future. For one, the global handset market has continued to grow at a healthy pace, led by some of the less mature markets where Nokia is strong. We are also encouraged by the solid second quarter performance of our Mobile Phones business, helped by an improving lineup of affordable models.’ Incoming CEO Stephen Elop is unlikely to deviate from this strategy of playing to Nokia’s strengths in emerging markets, although rumours abound of a new smartphone strategy possibly linked to a change of direction as regards the operating system OS software that power these devices. Handsets Nokia’s Links of London Charms in the global handset Nokia Still King Of The Phones market has yet to be challenged.