Nokia (Finnish pronunciation: [ˈnokiɑ], UK: /ˈnɒkiə/, US: /ˈnoʊkiə/) may be a Finnish international telecommunications, info technology, and client company, supported in 1865. Nokia's headquarters area unit in city, within the larger capital of Finland metropolitan space.[1] In 2017, Nokia used more or less 102,000 individuals across over one hundred countries, did business in additional than a hundred thirty countries, and reported annual revenues of around €23 billion.[2] Nokia may be a public company listed on the capital of Finland securities market and big apple securities market.[3] it's the world's 415th-largest company measured by 2016 revenues in line with the Fortune world five hundred, and may be a part of the monetary unit Stoxx fifty securities market index.[4][5]
The company has had varied industries in its 153-year history. it absolutely was supported as a pulp mill and had long been related to rubber and cables, however since the Nineties focuses on large-scale telecommunications infrastructures, technology development, and licensing.[6] Nokia may be a notable major contributor to the mobile telephone trade, having assisted within the development of the GSM, 3G and LTE standards (and presently in 5G), and is best known for having been the biggest worldwide trafficker of mobile phones and smartphones for a amount. once a partnership with Microsoft and market struggles, its movable business was eventually bought by the previous,[7][8] making Microsoft Mobile as its successor in 2014.[9] once the sale, Nokia began to focus additional extensively on its telecommunications infrastructure business and on the net of things, marked by the divestiture of its Here mapping division and also the acquisition of Alcatel-Lucent. the corporate additionally entered computer game and digital health (the latter by buying Withings),[10][11] and is that the owner of research project organization Bell Labs.[12] The Nokia whole has since came to the mobile and smartphone market through a licensing arrangement with HMD world.[13]
The company was viewed with national pride by Finns, as its thriving movable business created it far and away the biggest worldwide company and whole from Republic of Finland.[14] At its peak in 2000, throughout the telecoms bubble, Nokia alone accounted for four-dimensional of the country's GDP, twenty first of total exports, and seventieth of the capital of Finland securities market market capital.
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