Nokia mobile phone brands and their details

Nokia mobile phone brands and their details

Nokia Corporation known as Nokia is one of the most popular companies which is Finnish multinational telecommunication, information technology, and consumer electronics company. Nokia was founded in 1865. Nokia is headquartered in Espoo, Finland, in the greater Helsinki metropolitan area, but the company’s actual roots were in the Tampere region of Pirkanmaa.

In 2020, Nokia has deployed approximately 92,000 people across over 100 countries and expanded business in more than 130 countries. Nokia has reported annual revenues of around €23 billion. Nokia Being a public limited company has been listed on the Helsinki Stock Exchange and New York Stock Exchange.  Nokia has ranked as the world’s 415th-largest company measured by 2016 revenues according to the Fortune Global 500 which has peaked at 85th place in 2009. It is a component of the Euro Stoxx 50 stock market index.

Nokia has been operating in various industries over the past 150 years. It was been founded as a pulp mill and had been associated with rubber and cables, but since the 1990s Nokia had focused on large-scale telecommunications infrastructure, technology development, and licensing.  Nokia has contributed to the mobile telephony industry and has been assisted in the development of the GSM, 3G, and LTE standards (and currently in 5G),. Nokia has been the largest worldwide vendor of mobile phones and smartphones. Nokia is of the brands which had the highest sales followed by Samsung in the early 2000’s but had to struggle in the markets as Nokia had not invested in manufacturing of touch screen mobiles at the time.

The Nokia brand had returned to the mobile and smartphone market in 2016 through a licensing arrangement with HMD Global.Nokia started continuing to be a major patent licensor for most large mobile phone vendors. As of 2018, Nokia has ranked as the world’s third-largest network equipment manufacturer.

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