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Nokia

  • Native name: Nokia Oyj
  • Type: Julkinen osakeyhtiö (public)
  • Industry: Telecommunications, Technology, Electronics
  • Founded: 12 May 1865 in Tampere, Finland
  • Founders: Fredrik Idestam, Leo Mechelin, Eduard Polón
  • Headquarters: Espoo, Finland
  • Area served: Worldwide
  • Key people: Sari Baldauf (Chairman), Pekka Lundmark (President &​ CEO)
  • Website: nokia.com

Nokia Corporation is a multinational telecommunications and consumer electronics company based in Espoo, Finland. Founded in 1865, Nokia has a long history and has gone through several transformations over the years. Initially, Nokia was known for its diverse product range, including rubber products, cables, and paper products. However, it gained worldwide recognition for its contributions to the telecommunications industry.
In the early 2000s, Nokia dominated the mobile phone market, holding a substantial market share. However, with the emergence of smartphones, Nokia faced challenges in adapting to the new era of touchscreens and app ecosystems. This led to a decline in Nokia's market position, and it eventually sold its mobile phone division to Microsoft in 2014.
Nokia continues to innovate and invest in research and development, particularly in emerging technologies such as 5G, Internet of Things (IoT), and virtual reality. It collaborates with telecommunications operators, enterprises, and governments worldwide to provide solutions for connectivity, automation, and digital transformation.

 

 

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