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Nokia

Espoo

Registered Geeks:  1006

Nokia, originally founded by Fredrik Idestam in 1865, started as a paper mill in Finland. It later diversified into various sectors over the decades, including rubber, cable, forestry, electronics, and telecommunications. Nokia is best known for its role in the development of the mobile phone industry. It was the world's largest vendor of mobile phones from 1998 to 2012.

Industry

Telecommunications, Information Technology

Company Size

With a workforce exceeding 86,896 employees, the company boasts a vast talent pool.

Product, Services and Operations

Nokia provides a wide range of telecommunications equipment and services. Its main products include mobile phones, smartphones, and IT equipment. The company also offers digital health products and services, as well as virtual reality technologies.

Funding Details

Nokia is a publicly-traded company listed on the Helsinki and New York stock exchanges. As of 2020, its market capitalization is approximately $18.5 billion.

Acquisitions

Notable acquisitions include Alcatel-Lucent in 2016, and Withings in 2016, a digital health company.

Awards and Achievements

Nokia has received numerous awards and recognitions, including the GSMA's Global Mobile Award for Best New Mobile Device, and several Red Dot Design Awards. In 2020, Nokia was ranked 415th in the Fortune Global 500, and it consistently ranks high in Interbrand's list of the world's most valuable brands.