Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is clearly following the words “the bigger the better.”
According to a report from a Taiwanese site Digitimes, citing industry sources, Nokia will come up with its first phablet in 2014.
The space sector has captured the imagination and the pocketbooks of Wall Street as big names like Virgin Galactic rocket higher. However, not every name in the space sector is a good play. In fact, the Securities and Exchange Commission has gone so far as to name one space company a fraud. Q3 2021 hedge Read More
The segment will be an important one for Nokia, and more so, since the hand set maker has no plans to come out with a full blown tablet device. Therefore, a 6-inch smartphone will be best suited for the Finnish company’s continued growth and success.
Other big size devices
The trend is not new and a number of manufactures have come out with a big sized phone, and many more are planning to do so. The market for the supersized phone has been expanding with the Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) Galaxy Note 2, Huawei Ascend Mate, LG Electronics Inc. (KRX:066570) (KRX:066575) Optimus G Pro and ZTE Corporation (SHE:000063) Grand Memo. All these devices are equipped with screens around the 6-inch mark.
Not much information has been provided of this big screen phone from Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V), but the report did mention that Chinese smartphone maker Huawei is already planning another with 6.5-inch screen size. If the reports are true, the new and bigger device will outdate Huawei’s current big screen device with a 6.1-inch display and Ascend Mate packing.
Japanese electronics giant Sony Corporation (NYSE:SNE) (TYO:6758) could announce its mammoth smartphone, Togari in July. The new smartphone will be a 6.4-inch 1080p Full HD and will compete with Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930)’s upcoming Note 3.
There have also been talks that ZTE Corporation (SHE:000063) is planning to come up with a 5.9-inch 1080p Full HD handset, which will be based on WP8.
Earlier Rumors About Nokia (NOK)
Rumors of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) coming up with a Phablet are not new. Earlier, a reputable source like Financial Times came out with similar news. The speculation, earlier this month, revealed that a 6 inch phablet will be released in the fourth quarter of this year, within a price range of £400 to £500 ($621 USD to $776 USD). So, there is a good possibility that Windows Phone will get a bigger screen sooner or later.
Apart from rumors of a phablet, there have been talks of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) Max 625 for the emerging markets, which will be a low-end Windows Phone 8 device having 4.7 inch WVGA screen.