93 Facts About Nokia Corporation

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865.

Nokia Corporation is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange.

Nokia Corporation made significant contributions to the mobile telephony industry, assisting in the development of the GSM, 3G, and LTE standards.

Nokia Corporation then experimented with virtual reality and digital health, the latter through the purchase of Withings.

The Nokia Corporation brand returned to the mobile and smartphone market in 2016 through a licensing arrangement with HMD Global.

Related searches

Nokia Corporation continues to be a major patent licensor for most large mobile phone vendors.

In 1922, in a now independent Finland, Nokia Corporation Ab entered into a partnership with Finnish Rubber Works and Kaapelitehdas, all now jointly under the leadership of Polon.

In 1967, the three companies – Nokia, Kaapelitehdas, and Finnish Rubber Works – merged to create a new Nokia Corporation, restructured into four major businesses: forestry, cable, rubber, and electronics.

Nokia Corporation was now making professional mobile radios, telephone switches, capacitors and chemicals.

Nokia imported many US-made components and used them in products for the Soviets, and according to U S Deputy Minister of Defence, Richard Perle, Nokia had a secret co-operation with The Pentagon that allowed the U S to keep track of technological developments in the Soviet Union through trading with Nokia.

Under his leadership, Nokia Corporation acquired many companies including television maker Salora in 1984, followed by Swedish electronics and computer maker Luxor AB in 1985, and French television maker Oceanic in 1987.

In 1987, Nokia Corporation acquired Schaub-Lorenz, the consumer operations of Germany's Standard Elektrik Lorenz, which included its "Schaub-Lorenz" and "Graetz" brands.

On 1 April 1988, Nokia Corporation bought the Information Systems division of Ericsson, which had originated as the Datasaab computer division of Swedish aircraft and car manufacturer Saab.

Nokia Corporation acquired Mobira, a mobile telephony company, which was the foundation of its future mobile phone business.

In 1991 Nokia Corporation sold its computer division, Nokia Corporation Data, to UK-based International Computers Limited, the precursor of Fujitsu Siemens.

Nokia Corporation's operating profit went from negative in 1991 to $1 billion in 1995 and almost $4 billion by 1999.

Nokia Corporation assisted in the development of the GSM mobile standard in the 1980s, and developed the first GSM network with Siemens, the predecessor to Nokia Corporation Siemens Network.

In November 1992, the Nokia Corporation 1011 launched, making it the first commercially available GSM mobile phone.

Salora Oy as a Nokia Corporation subsidiary ended in 1989 when the division was merged into Nokia Corporation-Mobira Oy.

Nokia Corporation was the first to launch digital satellite receivers in the UK, announced in March 1997.

In 1998 Nokia Corporation became the chosen supplier to produce the world's first digital terrestrial television set-top boxes by British Digital Broadcasting, which was eventually launched as ONdigital.

In October 1998, Nokia Corporation overtook Motorola to become the best-selling mobile phone brand, and in December manufactured its 100 millionth mobile phone.

Nokia Corporation claimed in April 1996 its 447Xav and 447K monitors to be the first with stereo speakers and a sub-woofer.

On 26 April 2001 Nokia Corporation partnered with Telefonica to supply DSL modems and routers in Spain.

Nokia Corporation acquired the entire company in June 2008 and then formed the Symbian Foundation as its successor.

Related searches

That same month Nokia Corporation introduced the Nseries, which would become its flagship line of smartphones for the next six years.

The Nokia Corporation N95 was introduced in September 2006 became highly successful and was awarded as "best mobile imaging device" in Europe in 2007.

Nokia Corporation was one of the pioneers of mobile gaming due to the popularity of Snake, which came pre-loaded on many products.

In 2002, Nokia Corporation attempted to break into the handheld gaming market with the N-Gage.

Nokia Corporation attempted to revive N-Gage as a platform for their S60 smartphones, which eventually launched in 2008.

Nokia Corporation was the largest vendor at the time in all regions bar North America.

Nokia Corporation launched mobile TV trials in 2005 in Finland with content provided by public broadcaster Yle.

Nokia Corporation partnered with Arqiva and O2 to launch trials in the UK in September 2005.

In 2005, Nokia Corporation developed a Linux-based operating system called Maemo, which shipped that year on the Nokia Corporation 770 Internet Tablet.

In October 2008, Nokia Corporation announced the Nokia Corporation 5800 XpressMusic, the first device to ship with the new touch-centric S60 5th Edition, known as Symbian^1, the first iteration of the platform since the creation of the Symbian Foundation.

In November 2008 Nokia Corporation announced it would end mobile phone sales in Japan because of low market share.

Nokia Corporation briefly returned to the computer market with the Booklet 3G netbook in August 2009.

On 11 March 2011 Nokia Corporation announced that it had paid Elop a $6 million signing bonus as "compensation for lost income from his prior employer", on top of his $1.

However, in November 2010 it was announced that the Symbian Foundation was closing and that Nokia Corporation would take back control of the Symbian operating system under closed licensing.

On 11 February 2011, Nokia Corporation announced a "strategic partnership" with Microsoft, under which it would adopt Windows Phone 7 as its primary operating system on smartphones, and integrate its services and platforms with its own, including Bing as search engine, and integration of Nokia Corporation Maps data into Bing Maps.

Around this time Nokia Corporation started a new project codenamed "Meltemi", a platform for low-end smartphones.

On 1 August 2011, Nokia Corporation announced that it would adopt a new three-digit naming system for mobile phone products and stop using letters, effectively ending the Nseries, Eseries, and short-lived Cseries.

Nokia Corporation last used three-digit names on analogue phones in the 1990s.

Nokia Corporation was making gains in developing countries with its Asha series, which were selling strongly.

In September 2013, Nokia Corporation announced the sale of its mobile and devices division to Microsoft.

Related searches

The sale was positive for Nokia Corporation to avoid further negative financial figures, as well as for Microsoft's CEO Steve Ballmer, who wanted Microsoft to produce more hardware and turn it into a devices and services company.

Analysts believe that Ballmer pushed for the buyout because of fears that Nokia Corporation was close to adopting Android and abandoning their alliance with Microsoft.

Indeed, in January 2014 the Nokia Corporation X was introduced which ran on a customised version of Android.

Nokia Corporation moved from its headquarters to another building complex located at Karaportti.

Many researchers have concluded that Nokia Corporation suffered from deep internal rivalries within the management.

One former Nokia Corporation employee claimed that the company was run as a "Soviet-style bureaucracy".

In July 2013, Nokia Corporation bought Siemens' stake in the Nokia Corporation Siemens Networks joint venture for $2.

Haidamus stated that the Nokia Corporation brand was "valuable" but "is diminishing in value, and that's why it is important that we reverse that trend very quickly, imminently".

The next day, Nokia Corporation unveiled the N1, an Android tablet manufactured by Foxconn, as its first product following the Microsoft sale.

Nokia Corporation took aggressive steps to revitalize itself, evident through its hiring of software experts, testing of new products and seeking of sales partners.

On 28 July 2015, Nokia Corporation announced OZO, a 360-degrees virtual reality camera, with eight 2K optical image sensors.

The division behind the product, Nokia Corporation Technologies, claimed that OZO would be the most advanced VR film-making platform.

On 14 April 2015, Nokia Corporation confirmed that it was in talks with the French telecommunications equipment company Alcatel-Lucent regarding a potential merger.

The next day, Nokia Corporation announced that it had agreed to purchase Alcatel-Lucent for €15.

On 3 August 2015, Nokia Corporation announced that it had reached a deal to sell its Here digital maps division to a consortium of BMW, Daimler AG and Volkswagen Group for €2.

On 26 April 2016, Nokia Corporation announced its intent to acquire French connected health device maker Withings for US$191 million.

Nokia Corporation was integrated into a new Digital Health unit of Nokia Technologies.

Nokia Corporation later wrote off the cost of the acquisition and in May 2018 the health unit was sold back to Eric Carreel, a Withings co-founder and former CEO.

On 18 May 2016, Microsoft Mobile sold its Nokia Corporation-branded feature phone business to HMD Global, a new company founded by former Nokia Corporation executive Jean-Francois Baril, and an associated factory in Vietnam to Foxconn's FIH Mobile subsidiary.

Nokia Corporation subsequently entered into a long-term licensing deal to make HMD the exclusive manufacturer of Nokia Corporation-branded phones and tablets outside Japan, operating in conjunction with Foxconn.

Related searches

In February 2017 Nokia Corporation carried out a 5G connection in Oulu, Finland using the 5GTF standard, backed by Verizon, on Intel architecture-based equipment.

In January 2018, Nokia Corporation signed a deal with NTT Docomo, Japan's largest mobile operator, to provide 5G wireless radio base stations in the country by 2020.

The study, made by Counterpoint Research, found that 96 percent of Nokia Corporation phones were either sent with or updated to the latest Android version since Pie was released in 2018.

Nokia Corporation's competitors were found to be all around roughly the 80 percent range.

Later that month, Nokia completed the acquisition of Elenion Technologies, a U S -based company focusing on silicon photonics technology to improve economics of advanced optical connectivity products.

Nokia Corporation has played a very large role in the economy of Finland, and it is an important employer in the country, working with multiple local partners and subcontractors.

Nokia Corporation Networks provides wireless and fixed network infrastructure, communications and networks service platforms and professional services to operators and service providers.

In July 2013, Nokia Corporation bought back all shares in Nokia Corporation Siemens Networks for a sum of US$2.

Nokia Corporation Technologies provides public participation in its development through the Invent with Nokia Corporation program.

In November 2014, Nokia Corporation Technologies launched its first product, the Nokia Corporation N1 tablet computer.

In July 2015, Nokia Corporation Technologies introduced a VR camera called OZO, designed for professional content creators and developed in Tampere, Finland.

Nokia Corporation had previously promoted innovation through venture sponsorships dating back to 1998 with Nokia Corporation Venture Partners, which was renamed BlueRun Ventures and spun off in 2005.

Nokia Corporation has no investment in the company but retains some input in the development of its devices.

Control and management of Nokia Corporation is divided among the shareholders at a general meeting and the Nokia Corporation Group Leadership Team, under the direction of the board of directors .

On 25 November 2019, Nokia Corporation announced that it would discontinue the role of Chief Operating Officer and distribute its functions to other company leaders.

Nokia Corporation is a public limited liability company and is the oldest company listed under the same name on the Helsinki Stock Exchange, beginning in 1915.

Nokia Corporation has had a secondary listing on the New York Stock Exchange since 1994.

Nokia Corporation shares were delisted from the London Stock Exchange in 2003, the Paris Stock Exchange in 2004, the Stockholm Stock Exchange in 2007 and the Frankfurt Stock Exchange in 2012.

In 2007, Nokia Corporation had a market capitalization of €110 billion; by 17 July 2012 this had fallen to €6.

In 1992, Nokia Corporation adopted values that were defined with the key words respect, achievement, renewal and challenge.

Related searches

Nokia Corporation are based at Karaportti in Espoo, Finland, just outside capital Helsinki.

Nokia Corporation introduced its "Connecting People" advertising slogan in 1992, coined by Ove Strandberg.

In July 2009, Nokia Corporation began to experience a boycott of their products and services in Iran.

In 2009, Nokia Corporation heavily supported a law in Finland that allows companies to monitor their employees' electronic communications in cases of suspected information leaking.

Nokia Corporation denied rumors that the company had considered moving its head office out of Finland if laws on electronic surveillance were not changed.

In October 2009, Nokia filed a lawsuit against Apple Inc in the U S District Court of Delaware claiming that Apple infringed on 10 of its patents related to wireless communication including data transfer.

In June 2011, Apple settled with Nokia Corporation and agreed to an estimated one time payment of $600 million and royalties to Nokia Corporation.

In 2020, the Australian Strategic Policy Institute accused at least 82 major brands, including Nokia Corporation, of being connected to forced Uyghur labor in Xinjiang.