First 100 euros symbian smartphones to hit the market in 2010

Market Research firms are expecting a highly competitive smartphone market in 2010 (as cellphone vendors battle aggressively for a larger share of the more lucrative part of the handset market). A year when cheaper but better phones by new and existing players will be rolled out.

Adding credence to the above forecast, Symbian Foundation* has announced in the Barcelona event that First Symbian smartphones with unsubsidized prices of 100 euros ($137) will reach the market this year.

Note: Symbian Foundation is the body which The cheapest of Nokia's Symbian phones sells now for 120-130 euros, without operator subsidies.

* The Symbian Foundation is a non-profit organisation that stewards the Symbian platform, an operating system for mobile phones, based on Symbian OS which was previously owned and licensed by Symbian Ltd.The Foundation does not develop the operating system, but evangelises, co-ordinates and ensures compatibility.The Foundation was founded by Nokia, Sony Ericsson, NTT DoCoMo, Motorola, Texas Instruments, Vodafone, LG Electronics, Samsung Electronics, STMicroelectronics and AT&T. --------