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Nokia Corporation

Essay by   •  November 11, 2010  •  455 Words (2 Pages)  •  1,594 Views

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One of the larges communication manufacturer company is Nokia Corporations. Nokia have a worldwide market share of about 27 percent, is far surpassing the number of second player, Ericsson, which has about 17 percent. About two-thirds of the company's net sales are generated by the Nokia Mobile Phones business group. Nokia's other main business group is Nokia Networks, which is responsible for about 30 percent of net sales. Nokia Networks is a leading global supplier of infrastructure for mobile, fixed, broadband, and Internet Protocol (IP) networks. With a sales network that spans 130 nations, Nokia Corporation generated more than half of its sales in Europe, a quarter in the Americas, and about 22 percent in the Asia-Pacific region. Over the course of its more than 135 years in business, the company has evolved from a concentration in pulp, paper, and other basic industries to a focus on telecommunications.

Nokia nowadays have a global market share of approximately 33% in 2006, which is a leading international communications company, focused on the key growth areas of wireline and wireless telecommunications. Nokia is a pioneer in digital technology and wireless data communications, continuously bringing innovations to the highly competitive and growing telecommunications markets. Nokia is also actively involved in international R & D cooperation, including the development of the standards for third generation mobile telephony.

Originally, Nokia is a manufacturer of pulp and paper, Nokia was founded as Nokia Company in 1865 in a small town of the same name in central Finland. Nokia was a pioneer in the industry and introduced many new production methods to a country with only one major natural resource, its vast forests. As the industry became increasingly energy-intensive, the company even constructed its own power plants. But for many years, Nokia remained an important

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