Nokia's N8 a Match for iPhone?

What will help Nokia (NOK) retain its dominant position in an increasingly competitive smartphone market? A metallic phone with a TV seems to be its answer.

In Singapore this week at a press event, Nokia showcased the touch-screen device, the N8, for the first time in the region. The N8 was first announced on April 27 and will hit store shelves in the third quarter, according to the Finnish handset maker, the world’s biggest producer by shipments.

It can use a pick-me-up: Earlier this week it warned that this quarter’s earnings will be lower than expected, blaming stiffer competition with cellphone rivals.

There’s been a rush of new device announcements in recent weeks. Nokia’s follows Apple’s (AAPL) iPhone 4, Samsung’s Galaxy S and Sony Ericsson’s Xperia X10.

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