Nokia

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Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries, with 128,445 employees in 120 countries, sales in more than 150 countries and global annual revenue of EUR 50.7 billion and operating profit of 5.0 billion as of 2008. It is the world's largest manufacturer of mobile telephones: its global device market share was about 38% in Q2 2009, down from 40% in Q2 2008 and up from 37% in Q1 2009. Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia offers Internet services that enable people to experience music, maps, media, messaging and games. Nokia's subsidiary Nokia Siemens Networks produces telecommunications network equipment, solutions and services. The company is also engaged in providing digital map information through its wholly-owned subsidiary Navteq.

Nokia has sites for research and development, manufacture and sales in many countries throughout the world. As of December 2008, Nokia had R&D presence in 16 countries and employed 39,350 people in research and development, representing approximately 31% of the group's total workforce. The Nokia Research Center, founded in 1986, is Nokia's industrial research unit consisting of about 500 researchers, engineers and scientists. It has sites in seven countries: Finland, China, India, Kenya, Switzerland, the United Kingdom and the United States. Besides its research centers, in 2001 Nokia founded (and owns) INdT – Nokia Institute of Technology, a R&D institute located in Brazil. Nokia operates a total of 15 manufacturing facilities located at Espoo, Oulu and Salo, Finland; Manaus, Brazil; Beijing, Dongguan and Suzhou, China; Farnborough, England; Komárom, Hungary; Chennai, India; Reynosa, Mexico; Jucu, Romania and Masan, South Korea. Nokia's Design Department remains in Salo, Finland.

Nokia is a public limited liability company listed on the Helsinki, Frankfurt, and New York stock exchanges. Nokia plays a very large role in the economy of Finland; it is by far the largest Finnish company, accounting for about a third of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki) as of 2007, a unique situation for an industrialized country. It is an important employer in Finland and several small companies have grown into large ones as its partners and subcontractors. Nokia increased Finland's GDP by more than 1.5% in 1999 alone. In 2004 Nokia's share of the Finnish GDP was 3.5% and accounted for almost a quarter of Finland's exports in 2003.

Finns have consistently ranked Nokia as both the best Finnish brand and the best employer. The Nokia brand, valued at $35.9 billion, is listed as the fifth most valuable global brand in the Interbrand/BusinessWeek Best Global Brands list of 2008 (first non-US company). It is the number one brand in Asia (as of 2007) and Europe (as of 2008), the 42nd most admirable company worldwide in Fortune's World's Most Admired Companies list of 2009 (third in Network Communications, seventh non-US company), and the world's 85th largest company as measured by revenue in Fortune Global 500 list of 2009, up from 88th the previous year. As of 2009, AMR Research ranks Nokia's global supply chain number six in the world.

For more information about Nokia, read the full article at Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.


News tagged with nokia

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Nokia N900

Nokia N900 now available in US

Electronics / Consumer & Gadgets

created Nov 18, 2009 | popularity 4.5 / 5 (2) | comments 0

Nokia today announced that the highly anticipated Nokia N900 is now on sale in the United States and shipping to consumers who jumped on the opportunity to be among the first to pre-order the Maemo-powered ...


Finnish technology workers warn of strike

Technology / Business

created Nov 16, 2009 | popularity not rated yet | comments 0

(AP) -- Some 2,000 employees in Finland's technology sector will begin a strike in two weeks time if no agreement is reached in labor talks with company managers, union leaders said Wednesday.


Nokia weighs in with 3 new CDMA devices - Nokia 6316s, Nokia 3806 and Nokia 1506

Electronics / Consumer & Gadgets

created Nov 11, 2009 | popularity not rated yet | comments 0

Nokia is today strengthening its CDMA portfolio with the announcement of three new CDMA mobile devices: Nokia 6316s, Nokia 3806 and Nokia 1506. Together this new line-up highlights Nokia's continued commitment to CDMA as ...


Nokia said some of the chargers could cause an electrical shock and would be replaced for free

Nokia recalls millions of dangerous chargers

Electronics / Consumer & Gadgets

created Nov 09, 2009 | popularity not rated yet | comments 0

Nokia, the world's biggest mobile phone maker, issued on Monday a global recall for 14 million faulty chargers made by a subcontractor this year.


Nokia Siemens Networks to lay off up to 5,700

Technology / Business

created Nov 03, 2009 | popularity not rated yet | comments 0

(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).


Google's voice search tool now understands Chinese

Google voice search learns Chinese

Technology / Internet

created Nov 02, 2009 | popularity 3 / 5 (2) | comments 0

Google's voice search tool now understands Chinese. The Internet giant announced on Monday that users of Nokia S60 series mobile phones could now search the Internet using voice commands in Mandarin Chinese.


Little-known HTC ready to bring its brand into the limelight

Technology / Business

created Oct 29, 2009 | popularity 5 / 5 (1) | comments 0

If you haven't yet heard of HTC, you will soon. The Taiwanese mobile-phone company with U.S. headquarters in Bellevue, Wash., is launching a huge campaign this week to raise the profile of the HTC brand.


Nokia 6788

Nokia launches Chinese TD-SCDMA device - the Nokia 6788

Electronics / Consumer & Gadgets

created Oct 27, 2009 | popularity not rated yet | comments 0

Nokia today announced the Nokia 6788, its first device for TD-SCDMA - China's domestic 3G standard, at an event in Beijing. Chinese


A sign is displayed outside of the Google headquarters in 2008 in Mountain View, California

Video firm settles lawsuits clearing way for Google buy

Technology / Business

created Oct 26, 2009 | popularity not rated yet | comments 0

Video software firm On2 Technologies Inc. announced on Monday that it had settled five pending lawsuits, potentially clearing the way for its takeover by Internet giant Google.


Apple introduced its iPhone in 2007

Mobile phone giant Nokia sues Apple over iPhone

Technology / Business

created Oct 22, 2009 | popularity 4.6 / 5 (7) | comments 1

Nokia, the world's biggest mobile phone maker, took on the iconic iPhone on Thursday by suing US rival Apple for infringing 10 Nokia patents on mobile phone technology.


Nokia posts loss of $832 million in third quarter

Technology / Business

created Oct 15, 2009 | popularity not rated yet | comments 0

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...


A visitor checks out Nokia's first notebook, the "Booklet 3G"

US netbook by Nokia to be $300 with AT&T service

Electronics / Consumer & Gadgets

created Oct 13, 2009 | popularity not rated yet | comments 0

Nokia is opening a new chapter in mobility with the introduction of the Nokia Booklet 3G to the U.S. together with AT&T, Best Buy and Microsoft. Developed for connectivity just about anytime and virtually ...


Ciena bids $521M for Nortel business units

Technology / Business

created Oct 07, 2009 | popularity not rated yet | comments 0

(AP) -- Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate.


Samsung expects strong 3rd-quarter profit (AP)

Samsung expects strong 3rd-quarter profit

Technology / Business

created Oct 06, 2009 | popularity not rated yet | comments 0

(AP) -- Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat ...


myGrid

Gadgets: 'Drop-and-go' Duracell pad makes charging some gadgets easier

Electronics / Consumer & Gadgets

created Sep 30, 2009 | popularity 3.8 / 5 (4) | comments 0

People who regularly visit my house often want to see what's the latest and greatest new cool electronic item on the market today.