Nokia sold 88.5 million mobile handsets, a third more than in the same period in 2005 but the closely watched average selling price of Nokia phones slumped, which reflected a higher proportion of low-end phones sold in emerging markets.
Ericsson actually saw third-quarter profits increase 17 percent, helped by strong results at its co-owned handset maker, Sony Ericsson. Stockholm-based Ericsson took into account costs related to restructuring at Marconi, which the company bought for $2.1 billion in January, as well as a career change program for employees in Sweden.
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