Nokia Corporation is a multinational telecommunications and information technology company headquartered in Espoo, Finland. It was founded in 1865 and originally operated as a pulp mill before transitioning to the telecommunications industry in the 1960s. Nokia was once the world’s largest vendor of mobile phones and is currently a major player in the telecommunications equipment market.
Nokia’s business is focused on developing and providing networking and communications technology to customers around the world. They provide a range of products and services including network infrastructure, wireless technology, cloud services, and software solutions for businesses and governments.
Nokia’s products and services are used in a variety of industries, including telecommunications service providers, public safety organizations, governments, and large enterprises. They work with a variety of partners, including mobile network operators, system integrators, and technology vendors to deliver their solutions.
Nokia is known for its research and development capabilities, having invested heavily in technologies such as 5G, artificial intelligence, and the Internet of Things (IoT). They have a large patent portfolio and have contributed to the development of many telecommunications standards, including the popular GSM and LTE standards for mobile networks.
Nokia is committed to sustainability and corporate responsibility and has set targets to reduce its environmental impact and improve social and ethical practices across its operations. They have been recognized for their efforts to promote gender equality and diversity in their workforce, as well as for their contributions to social and environmental causes.
In recent years, Nokia has undergone significant restructuring and transformation efforts, including the sale of its mobile phone business to Microsoft in 2014 and the acquisition of Alcatel-Lucent in 2016.