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...er of the estimated three billion subscribers worldwide it has forecast by 2010. Since it first started operating in China in 1985, Nokia has grown from five employees there to more than 4,700. Worldwide, the Espoo-based company employs about 53,000 workers. China's sales in China rose 44 per cent to $3.6 billion US and the company plans to expand its manufacturing facilities there, along with research and development. Currently, Nokia operates five R&D units and has four manufacturing centres there. "This represents a tremendous opportunity for Nokia," Ollila said. "Our aim is to maintain our leading position in China and to continue to grow as the most preferred partner within the Chinese mobile communications industry." expects China will likely overtake the United States as its biggest market within three years, chief executive Jorma Ollila says. Ollila, who visited Beijing this week to mark the 20th anniversary of the company's presence there, made the comment Wednesday in the Chinese capital. The Chinese market is already Nokia's second biggest market after the United States, and with the expected rollout of third-generation, or 3G networks, and the surge in new users, he said Nokia was intent on keeping its market share there strong. "During the next three years, I would not be surprised to see China become Nokia's largest market in net sales terms," he said, adding that mobile phone use there was expected to account for nearly one quarter of ...

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