Nokia Corporation (ËnÉkiÉ) (HEX24311|NOK1V, NOA3) is a Finnish multinational communications corporation headquartered in Keilaniemi, Espoo, a city neighbouring Helsinki. Its principal products are mobile electronic devices, primarily mobile telephones and other communications devices. It also offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform, and free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq. Nokia has a joint venture with Siemens, Nokia Siemens Networks, which provides telecommunications network equipment, solutions and services.
Nokia has 130,000 employees across 120 countries, sales in more than 150 countries and annual revenues of around â¬38 billion. As of 2012 it is the world's second-largest vendor of mobile phones (after Samsung), with a global market share of 22.5% in the first quarter. Nokia is a public limited-liability company listed on the Helsinki, Frankfurt, and New York stock exchanges. Since February 2011 Nokia has had a strategic partnership with Microsoft, as part of which all Nokia smartphones will incorporate Microsoft's Windows Phone operating system. On 26 October 2011 Nokia unveiled its first Windows Phone handsets, the WP7.5 Lumia 710 and 800.
The Nokia brand, valued at $25 billion, is listed as the 14th most valuable global brand in the Interbrand/BusinessWeek Best Global Brands list of 2011. It is the 14th ranked brand corporation in Europe (as of 2011), the 8th most admirable Network and Other Communications Equipment company worldwide in Fortune's World's Most Admired Companies list of 2011, and the world's 143rd largest company as measured by revenue in Fortune Global 500 list of 2011. |