Nokia Corporation is a Finnish multinational communications corporation based in Keilaniemi, Espoo, whose main products and services are mobile phones and portable IT devices. Nokia was founded in 1865 as a pulp mill, making it the world’s oldest still operating telecommunications company. It entered the digital age in 1991 as the first to offer a touchscreen mobile phone. He is still a big player in the mobile phone market and is working on new technologies with which he can work.
Nokia is a joint stock company listed on both the Helsinki and New York stock exchanges. At one point, Nokia was also active in other industries such as life insurance, cars, and personal computers. The Nokia brand has been used for a wide range of products such as electrical equipment, machines, TVs, etc.
Nokia has been successful in many different industries over the years. One of its most successful brands was the auto industry. In the late 1990s, Nokia partnered with FIAT to produce a line of cars called “Nokia Mobira”. These cars were advertised as a high-quality, affordable solution for families. The partnership was not successful, however, and the project was discontinued in 2001.
Mobile phones are the biggest success of Nokia. The company was one of the first to enter the digital age with touchscreen mobile phones. It has since become a major player in the mobile phone market, selling over 350 million devices in 2009 alone. In recent years, however, Nokia has struggled to keep pace with more advanced mobile phone companies such as Apple and companies that manufacture Android devices. In 2010, Stephen Elop, Nokia’s CEO, announced a major shift in the company’s growth.
He stated that “we bet on Windows Phone as the best expression of our software strategy.” The first line of Windows phones, named Lumia, was released in October 2011 and is still on sale. In 2013, Nokia launched a new Windows phone, the Lumia 1020. It has received numerous awards for its impressive camera technology, but it doesn’t seem to have gained as much popularity as the Apple iPhone or Samsung Galaxy S4 at the time.
Nokia continues to be a leader in electronics and other forms of networking hardware such as databases, but Apple has taken control of the mobile phone market, while Google’s Android operating system dominates the other handheld market.
Nokia continues to offer many products and services, including its main consumer electronics lines: TV sets, personal computers, video games, etc. India also has Nokia manufacturing facilities that manufacture motorcycles, scooters and mops for Asian markets.
Nokia is working on developing new technologies such as Internet of Things (IoT) mobile devices, and in recent years has partnered with a number of companies to offer their services through Nokia products. Despite these efforts, profits continue to decline. In late 2014, Microsoft announced that it would acquire Nokia’s cellular company, including the Lumia line of smartphones. The transaction was finalized in April 2015. However, despite this support, it was not possible to attract new customers.
Nokia continues to supply many types of network products and equipment to operators worldwide, as well as a wide range of other electronic devices.