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Thursday 17 April 2014
Nokia Windows Phone
The next chapter.
A company which has embraced change throughout its 150-year history looks to reinvent itself once again. In September 2013, Nokia announces that it has entered into an agreement with Microsoft whereby Microsoft would purchase substantially all Devices & Services, the Nokia business which makes mobile phones and smartphones. The transaction is subject to approval by Nokia's shareholders, regulatory approvals and other closing conditions.
Building on the partnership with Nokia and the increasing success of Nokia's Lumia smartphones, Microsoft aims to accelerate the growth of its share and profit in mobile devices through faster innovation, increased synergies, and unified branding and marketing. For Nokia, the transaction is expected to be significantly accretive to earnings, strengthen its financial position, and provide a solid basis for future investment in its continuing businesses.
Following the transaction, Nokia plans to focus on its three established businesses, each of which is a leader in enabling mobility in its respective market segment: NSN, a leader in network infrastructure and services; HERE, a leader in mapping and location services; and Advanced Technologies, a leader in technology development and licensing.
The next chapter begins.
Building on the partnership with Nokia and the increasing success of Nokia's Lumia smartphones, Microsoft aims to accelerate the growth of its share and profit in mobile devices through faster innovation, increased synergies, and unified branding and marketing. For Nokia, the transaction is expected to be significantly accretive to earnings, strengthen its financial position, and provide a solid basis for future investment in its continuing businesses.
Following the transaction, Nokia plans to focus on its three established businesses, each of which is a leader in enabling mobility in its respective market segment: NSN, a leader in network infrastructure and services; HERE, a leader in mapping and location services; and Advanced Technologies, a leader in technology development and licensing.
The next chapter begins.
A meeting of minds.
In 2011, Nokia announces it is joining forces with Microsoft to strengthen its position in the smartphone market. The strategic partnership sees Nokia smartphones adopt the Windows Phone operating system and establish an alternative ecosystem to rivals iOS and Android. Nokia also kicks off a sequence of changes designed to enable it to build better products, faster. These changes include a revitalization of Nokia’s company culture, where speed, accountability and results are central.
Nokia launches its first Windows Phones, the Nokia Lumia 800 and the Nokia Lumia 710, in October 2011. Fast-forward to 2013 and Nokia has a full portfolio of great Windows Phone 8 smartphones, from the Lumia 520 through the award-winning Lumia 920 and the ground-breaking Lumia 1020, which enables photography never seen before in a smartphone. At the same time, the company continues to be committed to offering affordable phones which combine great design and an intuitive user interface with compelling, localized experiences. The Asha line of devices are bestsellers in numerous countries around the globe.
Nokia launches its first Windows Phones, the Nokia Lumia 800 and the Nokia Lumia 710, in October 2011. Fast-forward to 2013 and Nokia has a full portfolio of great Windows Phone 8 smartphones, from the Lumia 520 through the award-winning Lumia 920 and the ground-breaking Lumia 1020, which enables photography never seen before in a smartphone. At the same time, the company continues to be committed to offering affordable phones which combine great design and an intuitive user interface with compelling, localized experiences. The Asha line of devices are bestsellers in numerous countries around the globe.
Treading lightly.
For years, Nokia has been working to make its business practices and products as environmentally and socially responsible as possible – from creating eco-friendly handsets and establishing phone recycling schemes to bringing the benefits of mobility to emerging markets. This commitment to sustainability is recognized in a number of prestigious rankings.
Putting the world on the map.
2008 marks an important milestone for Nokia, as the company acquires NAVTEQ, the US-based maker of digital mapping and navigational software. Nokia, which had already been investing in mapping for many years, was now even more serious about providing people with the very best in location-based services. Fast forward to the present day, and Nokia is now offering location-based services through the HERE brand.
Building networks for the future.
In 2007, Nokia combined its telecoms infrastructure operations with those of Siemens to form a joint venture named Nokia Siemens Networks. NSN grows to become a leading global provider of telecommunications infrastructure, with a focus on offering innovative mobile broadband technology and services. In 2013, Nokia acquires Siemens’ 50% stake in NSN, which becomes Nokia Solutions and Networks, a wholly-owned subsidiary of Nokia.
One billion and counting.
In 2005, Nokia sells its billionth phone – a Nokia 1100 – in Nigeria, and global mobile phone subscriptions pass 2 billion. Two years later, Nokia is recognised as the 5th most valued brand in the world.
Things have come a long way since Fredrik Idestam opened his paper mill.
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