Nokia shares slide on Samsung S4 launch

(Source: Yahoo! Finance)

Nokia shares have slid over two per cent on a new product launch by rival Samsung. Our tech specialist James Titcomb:

The handset, unveiled in New York yesterday, contains innovative features such as eye-tracking, which allows users to scroll down or pause videos based on what part of the screen they are looking at.

The handset’s predecessor, the S3, has been the most serious challenger to the iPhone’s crown to date, selling around 50m units worldwide, and on the eve of the S4’s launch, Apple showed it had been rattled by the S3’s success.

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