About Nokia (NOKIA)

Company Description:

Nokia Corporation is a leader in the technology sector, specializing in communication equipment. The company focuses on network and IP infrastructure, software, and related services for telecommunications. It operates in several segments, including Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. Nokia was founded in 1865 and initially started as a paper mill. It has evolved over the years into a global telecommunications giant, currently headquartered in Espoo, Finland.

Main Product(s):

Nokia's main products and services include mobile and fixed network infrastructure, broadband access, and associated services. They also offer digital health products and solutions for communication service providers, enterprises, and consumers.

Short History of Nokia Corporation:

1865: Nokia was founded as a paper mill in Finland.
1967: Formation of the modern Nokia Corporation.
1992: Shift in focus to telecommunications.
2007: Nokia became the world's largest smartphone manufacturer.
2013: Sold its mobile and devices division to Microsoft.
2016: Acquired Alcatel-Lucent, expanding its telecommunications infrastructure business.
2020: Nokia announced a major restructuring to focus on 5G technology.