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Nokia halves U.S. price of flagship smartphone

  • Nokia has halved the U.S. price of its flagship smartphone just some three months after its launch.

    The move comes in a bid to cut its losses in market share to rivals such as Apple and Samsung.

    The cost of the Lumia 900 Windows phone has been reduced to $49.99 from $99 with a two-year agreement with AT&T.

    Once the world's biggest mobile phone provider, Nokia was late to join the smartphone market.

    The Lumia 900 features a 4.3-inch screen, 1.4-gigahertz processor and 8-megapixel camera and uses largely untested software from Microsoft.