3/19/2021 0 Comments Nokia Smartphone 2017
After all these acquisitions, Nokias revenue base became US2.7 billion. CEO Kairamo committed suicide on 11 December 1988.Nokias headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area.In 2018, Nokia employed approximately 103,000 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.
![]() It is a component of the Euro Stoxx 50 stock market index. It was founded as a pulp mill and had long been associated with rubber and cables, but since the 1990s has focused on large-scale telecommunications infrastructures, technology development, and licensing. Nokia is a major contributor to the mobile telephony industry, having assisted in the development of the GSM, 3G and LTE standards (and currently in 5G ), and was once the largest worldwide vendor of mobile phones and smartphones. After a partnership with Microsoft and subsequent market struggles, its mobile phone business was bought by Microsoft, 11 12 creating Microsoft Mobile as its successor in 2014. After the sale, Nokia began to focus more extensively on its telecommunications infrastructure business and on Internet of things technologies, marked by the divestiture of its Here mapping division and the acquisition of Alcatel-Lucent, including its Bell Labs research organization. The company then also experimented with virtual reality and digital health, the latter through the purchase of Withings. The Nokia brand has since returned to the mobile and smartphone market through a licensing arrangement with HMD Global. Nokia continues to be a major patent licensor for most large mobile phone vendors. As of 2018, Nokia is the worlds third-largest network equipment manufacturer. A second pulp mill was opened in 1868 near the neighboring town of Nokia, offering better hydropower resources. In 1871, Idestam, together with friend Leo Mechelin, formed a shared company from it and called it Nokia Ab (in Swedish, Nokia Company being the English equivalent), after the site of the second pulp mill. Mechelin expanded into electricity generation by 1902 which Idestam had opposed. In 1904 Suomen Gummitehdas ( Finnish Rubber Works ), a rubber business founded by Eduard Poln, established a factory near the town of Nokia and used its name. Finnish Rubber Works company grew rapidly when it moved to the Nokia region in the 1930s to take advantage of the electrical power supply, and the cable company soon did too. In the early 1970s, it entered the networking and radio industry. Nokia also started making military equipment for Finlands defence forces ( Puolustusvoimat ), such as the Sanomalaite M90 communicator in 1983, and the M61 gas mask first developed in the 1960s. Nokia Smartphone 2017 Professional Mobile RadiosNokia was now also making professional mobile radios, telephone switches, capacitors and chemicals. It soon widened trade, ranging from automatic telephone exchanges to robotics among others; by the late 1970s the Soviet Union became a major market for Nokia, helping to yield high profits. Nokia also co-operated on scientific technology with the Soviet Union. The U.S. government became increasingly suspicious of that co-operation after the end of the Cold War dtente in the early 1980s. Nokia imported many US-made components and used them 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. Soviet Union through trading with Nokia. This was a demonstration of Finland trading with both sides, as it was neutral during the Cold War. By this time, Finland was becoming what has been called Nordic Japan. 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. This made Nokia the third-largest television manufacturer of Europe (behind Philips and Thomson ). The existing brands continued to be used until the end of the television business in 1996. It was originally part of American conglomerate International Telephone Telegraph (ITT), and after the acquisition products were sold under the ITT Nokia brand, despite SELs sale to Compagnie Gnrale dElectricit (CGE), the predecessor of Alcatel, in 1986. Ericsson Information Systems made Alfaskop terminals, typewriters, minicomputers and Ericsson-branded IBM compatible PCs. The merger with Nokias Information Systems divisionwhich since 1981 had a line of personal computers called MikroMikko resulted in the name Nokia Data. In 1981, Mobira launched the Nordic Mobile Telephone (NMT) service, the worlds first international cellular network and the first to allow international roaming. In 1982, Mobira launched the Mobira Senator car phone, Nokias first mobile phone. At that time, the company had no interest in producing mobile phones, which the executive board regarded as akin to James Bond s gadgets: improbably futuristic and niche devices. After all these acquisitions, Nokias revenue base became US2.7 billion. CEO Kairamo committed suicide on 11 December 1988.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |