Rumor has it that Nokia (News - Alert) this fall will unveil a new smartphone with a five lens camera, fingerprint scanner, and top-end chip. This news was reportedly leaked on Chinese social network Baidu.
Said device, called the Nokia 10, is expected to be introduced at September’s IFA 2018. IFA is a consumer electronics event that will take place later this year in Berlin.
The report linked to the above suggests the upcoming Nokia 10 device will feature a circular camera array at the rear. It says there is also a fingerprint scanner onboard. Additionally, the phone is powered by the new Snapdragon 845 processor; its top-end chip was created with 7nm manufacturing.
Nokia, which years ago became known as a mobile phone innovator with fun and brightly colored devices, recently has made another strong push in the cell phone category.
The company announced the global launch of a collection of Android (News - Alert) Phones at Mobile World Congress last year. A year ago this month, it introduced the Nokia 6 in China with India is important to that strategy.
That makes sense as India has a population of around 1,338,854,896. That represents about 17.86 percent of the people on this planet making India No. 2 in the world in terms of population, second only to China.
Twenty-five years ago, India opened itself to globalization and market forces. Today, according to the International Monetary Fund, India is the world’s fastest growing large economy. Maharashtra (a state in the western part of India) alone, were it a country, would be the seventeenth largest one in the world in terms of population, just behind Germany.
But, it’s not just the population that makes India an important market. It’s also the fact that the forces powering its growth “are pretty unshakable,” says Noshir Kaka, a senior partner in McKinsey’s Mumbai office. Those forces include urbanization, a rising middle class, and increasing consumer spending, according to the McKinsey Global Institute.
Edited by
Mandi Nowitz
