Nokia corporation (pronunciation /’nɔkiɑ/) OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish transnational communications corporation, headquartered in Keilaniemi, Espoo, a city neighbouring Finland’s capital Helsinki.
Nokia is focused along wireless and wired telecommunications, with 112,262 employees in 120 countries, sales in more than 150 countries and globose annual revenue of 51.1 Billion euros and operating profit of 8 Billion as of 2007.
It is the world’s vauntingly manufacturer of fluid telephones: its world-wide device market share was nearly 40% in Q2 of 2008, up from 38% in Q2 2007 and up from 39% sequentially.
Nokia grows fluid phones for every major(ip) market segment and protocol, letting in GSM, CDMA, and W-CDMA (UMTS).
Nokia’s auxiliary Nokia Siemen Network bring forth telecommunication network equipments, solution and services.
Nokia takes sites for research and development, manufacturing and sales in many continents end-to-end the world.
As of March 2008, Nokia taken R&D centers in 10 countries and made use of 30,415 people in research and development, making up around 27% of Nokia’s entire workforce.
Nokia research Center, based in 1986, is Nokia’s industrial research unit of all but 800 researchers, engineers and scientists.
It accepts sites in seven countries: Finland, Denmark, Germany, China, Japan, concerted Kingdom and concerted States.
Production facilities are located at Espoo, Oulu and Salo, Finland; Manaus, Brazil; Beijing, Dongguan and Suzhou, China; Fleet, England; Bochum (closing plotted for mid-2008), Germany; Komárom, Hungary; Chennai, India; Reynosa, Mexico; Jucu, Romania and Masan, South Korea.
Nokia’s Design Department remainin Salo, Finland. Nokia diddles a very heavy role in the economy of Finland: it is past far the boastfully Finnish company, accounting for around a third of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki) as of 2007; a singular situation for an industrialized country.
It is an significant employer in Finland and several little companies own fully grown into big ones as Nokia’s subcontractors.
Nokia increased Finland’s GDP aside more than 1.5% In 1999 alone.
In 2004 Nokia’s share of the Finland’s GDP was 3.5% And relation ship for near a quarter of Finland’s exports in 2003.
In 2006, Nokia sired revenue that for the world-class time surpassed the state budget of Finland. Finns give ranked Nokia many times as the best Finnish brand and employer. Valued at $33.7 billion, Nokia brand is listed as 5th to highest degree worthful globular brand in Interbrand/BusinessWeek’s Best globular Brands number of 2007 (1st non-US company).
As of 2007, it is the number unrivaled brand in Asia and Europe, the 23rd virtually admirable company ecumenical in Fortune’s World’s virtually Admired Companies heel of 2008 (tied with Exxon Mobil; 2nd in Network Communications, 5th non-US company), and is the world’s 88th boastfully company in Fortune ball-shaped 500 heel of 2008, improving from 119 of the previous year.
As of 2008, AMR Research ranks Nokia’s orbicular append chain number two in the world.
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