100 euros smartphones this year: Symbian

The smartphone market will continue to boom this year as handset vendors roll out new, cheaper models and cut prices of the older phones -- making them more attractive to a mass-market audience.

First Symbian smartphones with unsubsidized prices of 100 euros ($137) will reach the market this year, the chief of the world's most widely used smartphone platform said. The cheapest of Nokia's Symbian phones sells now for 120-130 euros, without operator subsidies. Component makers like Qualcomm and Infineon are expected to play a key role in enabling cheaper smartphones by driving down costs through manufacturing scale and technical innovation.