Nokia recently readusted its market forecasts for the second time in three weeks. The Finnish handset maker is expecting its volumes to drop 5 percent or more in 2009.
Nokia's unveiling of its touch-screen N97 smartphone should help with global sales next year, but not in Japan. IntoMobile reports that Nokia has decided to withdraw from Japan, the only exception being its luxury Vertu division. As a result, Japanese mobile phone operator NTT DoCoMo has canceled its planned first-quarter launch of Nokia's E17 smartphone.