Nokia has announced the launch of its 4.3-inch multimedia navigation device Nokia 550, which enhanced communication functionality. Integration between the 500’s navigation and communications allows you to receive details for the POIs(points of interest) you pass as well as instant directions to the addresses stored in your contacts list. The 500 also features Nokia’s TMC (Traffic Message Channel) service offering jam alerts as well as an embedded FM transmitter to feed audio out any FM radio.

It is expected to be available in Q4 2007 in Europe market, and suggested price is 300(EUR).

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