93 Facts About Nokia

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

In 2020, Nokia employed approximately 92, 000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion.

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

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

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

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

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

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

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

Under his leadership, Nokia 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 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 bought the Information Systems division of Ericsson, which had originated as the Datasaab computer division of Swedish aircraft and car manufacturer Saab.

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

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

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

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

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

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

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

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

Nokia 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 partnered with Telefonica to supply DSL modems and routers in Spain.

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

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

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

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

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

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

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

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

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

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

In October 2008, Nokia announced the Nokia 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 announced it would end mobile phone sales in Japan because of low market share.

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

On 11 March 2011 Nokia 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 would take back control of the Symbian operating system under closed licensing.

On 11 February 2011, Nokia 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 Maps data into Bing Maps.

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

On 1 August 2011, Nokia 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 last used three-digit names on analogue phones in the 1990s.

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

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

The sale was positive for Nokia 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.

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

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

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

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

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

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

Haidamus stated that the Nokia 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 unveiled the N1, an Android tablet manufactured by Foxconn, as its first product following the Microsoft sale.

Nokia 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 announced OZO, a 360-degrees virtual reality camera, with eight 2K optical image sensors.

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

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

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

On 3 August 2015, Nokia 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 announced its intent to acquire French connected health device maker Withings for US$191 million.

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

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

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

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

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In January 2018, Nokia 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 phones were either sent with or updated to the latest Android version since Pie was released in 2018.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Nokia 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.

Nokia went on to ask the court to ban all U S imports of the Apple products, including the iPhone, Macintosh and iPod.

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

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