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Nokia
Nokia
Nokia
Corporation is a Finnish multinational communications
corporation, focused on wired and wireless telecommunications,
with 112,262 employees in 120 countries, sales
in more than 150 countries and global annual revenue
of 51.058 billion euros as of 2007. It is the
world's largest manufacturer of mobile telephones:
its global device market share was about 40% in
Q4 of 2007. Nokia produces mobile phones for every
major market segment and protocol, including GSM,
CDMA, and W-CDMA (UMTS). Nokia's subsidiary Nokia
Siemens Networks produces telecommunications network
equipments, solutions and services.
Nokia's
corporate headquarters are located in Espoo, a
city neighbouring Finland's capital Helsinki.
It has sites for research and development, manufacturing
and sales in many continents throughout the world.
Nokia employed 21,453 people in R&D in 2006.
Nokia Research Center, founded in 1986, is Nokia's
industrial research unit of about 800 researchers,
engineers and scientists. It has sites in seven
countries: Finland, Denmark, Germany, China, Japan,
United Kingdom and United States. Production facilities
are located at Espoo, Oulu and Salo, Finland;
Manaus, Brazil; Beijing, Dongguan and Suzhou,
China; Fleet, England; Bochum (closing planned
for mid-2008),Germany; Komárom, Hungary;
Chennai, India; Reynosa, Mexico; Cluj-Napoca,
Romania and Masan, South Korea. Nokia's Design
Department remains in Salo, Finland.
Nokia
plays a very large role in the economy of Finland:
it is by far the largest Finnish company, accounting
for about a third of the market capitalization
of the Helsinki Stock Exchange (OMX Helsinki)
as of 2007; a unique situation for an industrialized
country.[9] It is an important employer in Finland
and several small companies have grown into large
ones as Nokia's subcontractors. Nokia increased
Finland's GDP by more than 1.5% in 1999 alone.
In 2004 Nokia's share of the Finland's GDP was
3.5% and accounted for almost a quarter of Finland's
exports in 2003. In 2006, Nokia generated revenue
that for the first time exceeded the state budget
of Finland.
Finns
have ranked Nokia many times as the best Finnish
brand and employer. Nokia is listed as the 5th
most valuable global brand in BusinessWeek's Best
Global Brands list of 2007 (1st non-US company),
the 20th most admirable company worldwide in Fortune's
World's Most Admired Companies list of 2007 (1st
in network communications, 4th non-US company),
and is the world's 119th largest company in Fortune
Global 500 list of 2007, up from 131 of the previous
year. (Credit:
Wikipedia).
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