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Nokia smartphones hit market in November

Nokia will start selling its new smartphone, potentially its last chance to break into the most profitable part of the mobile-phone market and secure its future, in November, sources at European telecoms operators said on Friday.

Nokia will start selling its new smartphone, potentially its last chance to break into the most profitable part of the mobile-phone market and secure its future, in November, sources at European telecoms operators said on Friday.

The Lumia 920, which uses Microsoft's Windows software, is Nokia's bid to catch up with Apple's iPhone and a string of popular phones using Google's Android software, like Samsung's Galaxy models.

The new phone, which with its rounded edges and colourful covers looks similar to its predecessors, was unveiled Wednesday and drew a thumbs-down from many analysts, who felt it lacked the "wow" factor to make big inroads against rivals.

They were also unsettled by Nokia's refusal to say when the phone, and the smaller Lumia 820 models, would go on sale, or to give details on the price and operator partners.

Once the world's biggest mobile-phone maker, Nokia fell behind rivals in the fast-growing smartphone market and has struggled to catch up, racking up more than $3.76 billion in operating losses in the last 18 months and forcing it to cut 10,000 jobs, as well as sell assets.

By going on sale in November, the Lumia 920 will hit stores in time for the key holiday sales season. It will be priced similarly to Samsung's flagship Galaxy S3, operators in several countries said. The Galaxy S3 sells for around 580 euros ($727).