Nokia sees end for makers of MP3 players, video cams

HELSINKI (Reuters) - Mobile phones will deal a final blow to makers of music devices and video camcorders, having already hit the photo industry, a senior executive at handset maker Nokia told the Financial Times newspaper.

Anssi Vanjoki, head of the multimedia unit at the world's largest cellphone maker, pointed in comments published on Tuesday to Nokia's 2000 forecast of the death of the photo industry, and said the same fate was looming for other sectors.

Nokia made 100 million cameraphones last year, making it the world's largest camera manufacturer. READ MORE...