By Daniel Hunter

Nokia, the struggling mobile phone giant, have warned that they expect to make losses in both the first and second quarter of 2012.

The Finnish firm have highlighted increased competition for a decrease in sales, citing India, the Middle East, Africa and China as key markets they have fallen away in.

It had previously expected to break even in the first quarter but said it would continue to increase its focus on accelerating Lumia sales and reducing its costs.

"During the first quarter of 2012, multiple factors negatively affected Nokia's Devices & Services business to a greater extent than previously expected," Nokia said in a statement.

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