NOKIA ALMOST DOUBLES Q3 AS MOBILE SALES SOAR.

Finland's industrial flagship Nokia said on October 23 it had edged ahead of US rival Motorola as the world's top mobile phone producer, and promised further robust growth after a strong third quarter. "We now feel confident in declaring that we have significantly increased our market share in mobile phones to become the largest manufacturer of mobile phones worldwide," Nokia chief executive Jorma Ollila said in a statement. He later told CNBC television that the strength of the booming Chinese market had been underestimated amid the global economic turmoil. Nokia said third-quarter earnings rose 85% from the same 1997 period to 4.1 billion markka (USD820 million), well above the 3.2...