Nokia's low-end phones account for 47 percent of the company's device-and-services earnings in the second quarter, so it would make sense that they'd design their own OS for the low-end phone market. The OS codenamed "Meltemi" is meant to cement Nokia's top dog status in emerging markets, where feature phones still remain king. Nokia of course still hopes that Windows Phone will round out a "three-horse race" against Apple with iOS and Google with Android.
Meltemi is a Linux-based operating system, with Meltemi the Greek word for "dry summer winds that blow across the Aegean Sea from the north".
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