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Important Facts Involving Important Nokia Company

By John Conner


Nokia is the name of the Finnish multinational communications corporation. Founded in 1871, the business has its main headquarters in Espoo, Finland. As a public corporation it provides Internet, computer software and telecommunications equipment to users all across the world. The company has played a significant role in the economy of Finland, as it acts as a main employer and has supported small businesses through partnerships and subcontracts.

The primary products by this company are mobile, more specifically, mobile telephones and other communication products. The business also offers Internet as well as games, messaging, media, applications, music and more services. In collaboration with Siemens, the corporation developed Nokia Siemens Networks. The NSN focuses on telecommunications equipment, services and solutions.

Recently, the corporation was given the title as the second largest of the worldwide mobile phones. Samsung ranked number one. However, since 1998, the company has been the number one largest vendor. Sales have plummeted in recent years due to the demand for smart phones and advanced technology. Still, the company employs approximately 120,000 people in over 100 countries, distributes to 150 countries around the world, and is estimated to have a 38-billion euro revenue per year.

The original phones by this company included a self-titled, custom operating system, which was designed for their phones exclusively. An alliance with the Windows Company developed in 2011. Following that, the company began loading their best-selling devices with the Microsoft Windows Phone operating system. Many of the lower-end phones are still running on the old Symbian system.

For a couple years, the business has been split into three main categories: markets, mobile phones and mobile solutions. Each of these sections is given support from the corporate development office, which is also in charge of exploring various growth opportunities. The mobile solutions category handles the portfolio for the company that involves expensive media devices, such as smart phones and mobile computers. This group may also work on projects related to Internet services.

The group mobile phones is involved with the affordable mobile devices portfolio. They also handle the numerous services that users can access through the mobiles, including voice and data products. In the market group, brand, sales, supply chains, delivery of phones and solutions and marking functions are handled.

The official manifesto put in place by this company is The Nokia Way. It is said to symbolize the speed and flexibility of decision-making within this networked organization. The official language for the company is English. There are numerous subsidiaries of this business, the two key ones being Navteq and Nokia Siemens Networks. The Public corporation has been listed with the exact name on the New York and Helsinki stock exchanges. The latter since 1915 and the former since 1994.

Nokia is a company based out of Finland that has been operating since the 19th century. The corporation focuses most of its production on mobile devices, but also offers a variety of solutions and services, and other media products, including laptops, tablets and GPS systems. Since its inception, the company has grown in many respects, partnering with Windows in 2011 to improve their devices. They are currently the second largest mobile-phone vendor in the world, behind Samsung.




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