Nokia ,History of Nokia company

Nokia explained
Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We
also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.
2007 facts and figures
• Head office in Finland; R&D, production, sales, marketing activities around the world
• World’s #1 manufacturer of mobile devices, with estimated 38% share of global device market in 2007
• Mobile device volumes 437 million units
• Net sales EUR 51.1 billion
• Operating profit EUR 8.0 billion
• 112 262 employees at year end (including Nokia Siemens Networks)
• Strong R&D presence in 10 countries
• R&D investment EUR 5.6 billion
• 30 415 employees in R&D (approximately 27% of workforce, including Nokia Siemens Networks)
• Sales in more than 150 countries
• Nokia devices available at approximately 350,000 points of sale
• World’s 5th most valued brand (Interbrand, 2007) #1 brand in Asia (Synovate 2006 and 2007), and #1 brand in
Europe (European Brand Institute, September 2007).
• World's number one supply chain (AMR Research
Nokia's history
Nokia started by making paper – the original communications technology
The history of Nokia goes back to 1865. That was when Fredrik Idestam built a wood pulp mill on the banks of the Tammerkoski rapids, in southern Finland. A few years later, he built a second mill by the Nokianvirta river – the place that gave Nokia its name.
Who was Fredrik Idestam?
A mining engineer by trade, Idestam brought a new, cheaper paper manufacturing process to Finland from Germany.
It was a great success. Idestam’s invention won a bronze medal at the Paris World Exposition in 1867, and he is considered to be the father of Finland’s paper industry.
Idestam named his company Nokia Ab in 1871
Nokia Ab added electricity generation to its business activities in 1902
Did you know?
The Nokianvirta river is named after a dark, furry animal that was locally known as the nokia – a type of marten.