What is Nokia?

Nokia

What is Nokia?
What is Nokia?
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.

Latest Updates on Nokia

Nokia G42: HMD Global democratises 5G with new 4GB RAM variant at Rs 9,999

2 min read Last Updated :Mar 01 2024 | 12:44 PM IST
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Wipro and Nokia launch private 5G wireless solutions for enterprises

2 min read Last Updated :Feb 26 2024 | 5:57 PM IST
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Wipro, Nokia partner to provide 5G private wireless corporate solutions

2 min read Last Updated :Feb 26 2024 | 5:38 PM IST
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Nokia, IISc team up to research 6G use cases focused on needs of society

2 min read Last Updated :Feb 23 2024 | 11:31 PM IST
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Tarun Chhabra to replace Sanjay Malik as Nokia India country manager

1 min read Last Updated :Feb 20 2024 | 4:52 PM IST
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Nokia Q4 results: Profit drops to $619 mn amid 5G cutback, sales down 23%

2 min read Last Updated :Jan 25 2024 | 6:21 PM IST
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OPPO signs cross-licence agreement with Nokia to resolve patent dispute

2 min read Last Updated :Jan 25 2024 | 11:35 AM IST
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AT&T taps Ericsson for $14 billion wireless network revamp, ousting Nokia

1 min read Last Updated :Dec 05 2023 | 11:31 PM IST
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Nokia bags multi-terabit pan-Indian optical network deal from Bharti Airtel

2 min read Last Updated :Nov 21 2023 | 9:26 PM IST
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Nokia sues Amazon from US to India over 'unauthorised' streaming patents

2 min read Last Updated :Nov 01 2023 | 11:30 PM IST
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Nokia sues Amazon from US to India over streaming-tech patents infringement

2 min read Last Updated :Oct 31 2023 | 10:57 PM IST
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India to see higher demand of telecom equipment in 2024-25: Nokia

3 min read Last Updated :Oct 30 2023 | 8:57 PM IST
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Nokia bags WiFi6-ready broadband gear deal from Tata Play Fiber

2 min read Last Updated :Oct 26 2023 | 6:27 PM IST
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HMD Global launches Nokia 105 Classic phone with UPI app at Rs 999: Details

2 min read Last Updated :Oct 26 2023 | 3:19 PM IST
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HMD announces Easy Pay financing solution in partnership with DMI Finance

2 min read Last Updated :Oct 25 2023 | 4:26 PM IST
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Nokia to cut 14,000 jobs to lower costs amid weak demand in US, Europe

2 min read Last Updated :Oct 19 2023 | 11:21 AM IST
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Nokia's Chennai factory achieves 7-million-unit production milestone

2 min read Last Updated :Oct 12 2023 | 6:42 PM IST
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Nokia achieves 7 mn telecom gear production milestone at Chennai plant

2 min read Last Updated :Oct 12 2023 | 5:22 PM IST
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HMD Global launches Nokia G42's 8GB RAM + 256GB storage variant in India

2 min read Last Updated :Oct 10 2023 | 2:17 PM IST
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Nokia launches 6G lab in India for advancing technology development

2 min read Last Updated :Oct 06 2023 | 4:42 PM IST
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