WHAT IS NOKIA?

Nokia
Technology company
Nokia is a Finnish company founded in 1865 as a maker of pulp and paper. The company branched into rubber and cable businesses over the years, and later formed a merged entity, Nokia Corporation, in 1967. Though the company operated in various industries initially, it focused on the telecommunication infrastructure business, technology development, telecom equipment and licensing from mid-90s. Since then, the company has been one the major contributors in the field of mobile phone telephony industry.
Being one of the early companies to experiment and explore the telecommunication networks, the Finnish company forayed into the cellular network industry in the late 1970s. The firm helped design the world’s first international cellular network system — Nordic Mobile Telephone (NMT) network — that connected the four Scandinavian countries. In 1982, Nokia bought Finnish mobile phone company Mobira, which later helped formulate the Nokia Mobile Phones division, a new business vertical for the company.
In 1992, Nokia turned into a telecom-oriented company and launched its first commercially available GSM mobile phone, the Nokia 1011. In October 1998, Nokia toppled Motorola to become the best-selling smartphone brand. The same year, Nokia co-founded Symbian Ltd to create a new operating system for hand-held devices and smart mobile phones. The company launched the Symbian OS-based Nokia 9210 Communicator in 2001. It later designed the Symbian Series 60 platform, which was introduced in the company’s first camera phone, the Nokia 7650.
Until 2009, the company was a market leader in the mobile phone segment. However, the company’s mobile phone division witnessed a sharp downfall after Google introduced the Android OS and Apple the iPhone with iOS. In 2011, the company sold its mobile phone division to Microsoft, which introduced Windows Phone 7 as the primary operating system on Nokia-branded smartphones. The Nokia-Microsoft deal also failed to bring the brand its lost glory. By 2014, Nokia's global brand value fell to 98th from 5th in 2009.
In 2016, Microsoft Mobile sold its Nokia-branded feature phone business to HMD Global, a Finnish start-up founded by former Nokia executive Jean-Francois Baril. Subsequently, Nokia made a long-term licensing deal with HMD to exclusively manufacture Nokia-branded phones and tablets outside Japan. The deal also granted HMD the right to essential patents and the feature phone software.
ABOUT NOKIA
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Apple once again dominates smartphone profit, collects record 85% share
The smartphone industry churns on notoriously thin margins for handset manufacturers - eliminating storied but uncompetitive ...| February 03, 2023, Friday -
Nokia says is gaining market share, benefitting from 5G roll-out in India
CEO Pekka Lundmark said Nokia saw another year of growth ahead in 2023, in sharp contrast with its main rival Ericsson| January 26, 2023, Thursday -
HMD Global launches Unisoc T612-powered Nokia T21 tablet: Know price, specs
The Nokia T21 comes in Wi-Fi and LTE + Wi-Fi connectivity variants, both with 4GB RAM and 64GB on-board storage, at Rs 17,999 and ...| January 17, 2023, Tuesday -
HMD Global launches Nokia C31 smartphone at Rs 9,999 in India: Details here
Priced at Rs 9,999, the Nokia C31 smartphone is available on Nokia online store and selected retail stores in charcoal, mint and ...| December 15, 2022, Thursday -
'5G rollout to be faster in India, neighbour nations' gears need checks'
India is going to record the fastest 5G rollout in the world and it is going to have the biggest success of the next -generation ...| November 26, 2022, Saturday -
HMD Global launches Nokia G60 5G smartphone in India: Price, specs and more
Priced at Rs 29,999, the Nokia G60 5G is available for pre-booking on Nokia's official website and retail outlets. It will be ...| November 01, 2022, Tuesday -
Nokia set to launch its G60 smartphone in India; prices yet to be revealed
Nokia also announced the X30 last month alongside the G60, but it's unclear if that one will debut in India with the G60| November 01, 2022, Tuesday -
Nokia, Samsung, Tejas Networks among 42 firms approved for PLI scheme
The scheme is crucial to strengthen the value chain of multiple verticals of 5G equipment. For these, India mainly depends on ...| October 31, 2022, Monday -
Nokia 8210 4G review: A good feature phone with mix of old and new features
Priced at Rs 3,999, the Nokia 8210 4G is powered by 1,450 mAh battery and supports dual-SIM| October 31, 2022, Monday -
Nokia sees improved Q3 profit, higher sales on strong demand for 5G
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on ...| October 20, 2022, Thursday