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• • • NGP Capital • Nuage Networks Website Footnotes / references Nokia (: Nokia, Finnish pronunciation:,:,: ) is a, and company, founded in 1865. Nokia's headquarters are in,, in the greater metropolitan area. In 2016, Nokia employed approximately 101,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23.6 billion.

Nokia is a listed on the and. It is the world's 415th-largest company measured by 2016 revenues according to the, and is a component of the. The company has had various industries in its 152-year history. It was founded as a, but since the 1990s focuses on large-scale, technology development and licensing. Nokia is also a major contributor to the industry, having assisted in the development of the, and standards (and currently in ), and is best known for having been the largest worldwide vendor of and for a period.

After a partnership with and market struggles, its mobile phone business was eventually bought by the former, creating as its successor in 2014. After the sale, Nokia began to focus more extensively on its telecommunications infrastructure business and on the, marked by the divestiture of its mapping division and the acquisition of. The company also entered and (the latter by purchasing ), and is the owner of scientific research organization. The Nokia brand has since returned to the mobile and smartphone market through a licensing arrangement with. The company is viewed with by, as its successful mobile phone business made it by far the largest worldwide company and brand from Finland. Serial Key Mirc 6.2. At its peak in 2000, during the, Nokia alone accounted for 4% of the country's, 21% of total exports and 70% of the market. Who oversaw the rise of Nokia in the mobile phone market as CEO from 1992 to 2006 Following 's appointment as CEO, a major restructuring was planned.

With 11 groups within the company, Vuorilehto divested industrial units he deemed as un-strategic. ( Nokian Renkaat), a tyre producer originally formed as a division of Finnish Rubber Works in 1932, split away from Nokia Corporation in 1988. Two years later, in 1990, Finnish Rubber Works followed suit. In 1991 Nokia sold its computer division, Nokia Data, to -based (ICL), the precursor of.

Investors thought of this as financial trouble and Nokia's stock price sunk as a result. Finland was now also experiencing its, and the of the Soviet Union, a major customer, made matters worse. Vuorilehto quit in early 1992 and was replaced. He saw that despite troubles in the economy, Nokia's business was booming. As a result, he decided to focus on wireless telecommunications and to get rid of non-core assets. Bernhard Schlink The Reader Pdf. This strategy proved to be very successful and the company grew rapidly in the following years.