Nokia: From a paper mill, to the world’s biggest mobile company!!!
Nokia: From a paper mill, to
the world’s biggest mobile company!!!
Hello Friends,
As we all know on 3rd September
2013, Nokia announced that its hardware department would be acquired by
Microsoft in a deal worth $7.2 billion. After eight months, the deal was
completed and with it came the end of an era which has seen plenty of ups and
an equal number of downs. Let’s take a look at the brief
So, we thought to walk you
through the history of Nokia company that started out as a paper mill in small
village in Finland.
Here we are, from its
beginning in 1865 as a single paper mill operation, Nokia had found and
nurtured success in several sectors over the years, including cable, mobile
devices, paper products, rubber boots and tires, and telecommunications
infrastructure equipment.
Nokia’s sector-by-sector success over the years
has mirrored its geographical rise: from a Finnish-focused company until the
1980s with a growing Nordic and European presence; to a bona fide European
company in the early 1990s; and onto a truly global company from the mid-1990s
onward. The acquisition of Alcatel-Lucent in 2016, further deepened and widened
Nokia’s global reach.
In the year 1865
Fredrik Idestam built a paper manufacturing mill in Southern Finland and
followed it up by launching a second mill in the nearby town of Nokia in 1868.
Three years later Idestam transformed his company to a share company and the
Nokia company was formed.
Major Contribution:
Network equipment
Mobile radio telephony
Nordic mobile telephone (1G)
Global system for mobile communications (2G)
Personal computers
Telecommunications
Linux devices
Stay tuned for
complete history package of Nokia.
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References:
https://www.nokia.com/en_int/about-nokia/who-we-are/our-historyhttp://www.bgr.in/news/a-brief-history-of-nokia-from-a-paper-mill-to-the-worlds-biggest-mobile-company-to-being-acquired-by-microsoft/
https://en.wikipedia.org/wiki/History_of_Nokia
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