Nokia Unchanged Ahead of Lumia 900 Launch

NEW YORK ( TheStreet) - Nokia ( NOK) shares are little changed during Tuesday trading, as the eagerly-anticipated Lumia 900 phone draws closer to going on sale.

Nokia is making a major bet to get back to relevance in consumers' minds with its latest smartphone offering, which is powered by Microsoft's ( MSFT) Windows operating system.

The Lumia was first announced at the 2012 Consumer Electronics Show. Nokia is increasingly focused on regaining market share in China, as it tries to fend off Apple ( AAPL) and Google ( GOOG). According to research firm Gartner, Nokia had 19.6% of the Chinese handset market at the end of the fourth quarter, as Samsung has surpassed it, with a 24.3% share.

The Lumia will be available on the AT&T ( T) network exclusively in the U.S, and will be available through China Telecom ( CHA) in China.

TheStreet will have a review of the Lumia 900 late on Tuesday.

Shares of Nokia are flat on the day, trading at $5.47. Shares are up 13.5% year-to-date.

Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.

-- Written by Chris Ciaccia in New York

>To follow the writer on Twitter, go to http://twitter.com/commodity_bull.

>To submit a news tip, send an email to: tips@thestreet.com

More from Technology

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Some Companies Are Already Feeling the Effect of GDPR

Some Companies Are Already Feeling the Effect of GDPR

Experts Break Down GDPR Risks for Investors

Experts Break Down GDPR Risks for Investors

Netflix Ready to Surpass Disney as America's Most Valuable Media Company

Netflix Ready to Surpass Disney as America's Most Valuable Media Company