Nokia Unveils New Video Phone
Fri Sep 6, 4:22 PM ET
HELSINKI, Finland (AP) - Nokia ( news - web sites), the world's largest cell phone maker, unveiled a video handset Friday, its latest gadget in the struggle to win new customers and overcome a rough patch in the highly competitive wireless market.
The Nokia 3650 is the company's first mobile phone that can take moving pictures and send them to another phone. Similar models from other companies have been launched in Japan, while other phones on the market can take and send still pictures.
The 3650 features a color screen, a camera and video player and has the possibility of an extended memory for storing pictures, games and other files. It provides users with multimedia messaging and video clips, as well as access to the Internet and e-mail.
The new phone is expected to go on sale globally early next year for $450 to $500. It can be used on networks in the United States and Europe, which use different frequencies.
Nokia's U.S. shares were up 61 cents, or almost 5 percent, closing at $13.95 on the New York Stock Exchange ( news - web sites).
