Thursday 17 April 2014

About Nokia

Nokia Oyj[3] (Finnish: Nokia Oyj, Swedish: Nokia Abp; Finnish pronunciation: [ˈnokiɑ], English /ˈnɒkiə/) is a Finnish communications and information technology multinational corporation that is headquartered in Espoo, Finland.[1] Its Nokia Solutions and Networks company provides telecommunications network equipment and services,[4] while Internet services, including applications, games, music, media and messaging, and free-of-charge digital map information and navigation services, are delivered through its wholly owned subsidiary HERE.[5]

As of 2013, Nokia employed 87,771 people across 120 countries, conducts sales in more than 150 countries and reported annual revenues of around €30 billion.[2] Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange.[6] It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.[7]

In 2013, Nokia sold what was once the world's largest vendor of mobile phones to Microsoft as part of an overall deal totaling €5.44 billion (US$7.17 billion). Stephen Elop, Nokia's former CEO, and several other executives will join the Microsoft Mobile Oy subsidiary of Microsoft as part of the deal.[8][9] In March 2014, the deal is yet to be closed due to regulatory issues in Asia.

Nokia unveiled its third range on 24 February 2014, the Nokia X family, which run a modified version of the Android operating system. The range includes three mid-tier devices; Nokia X, Nokia X+ and Nokia XL.
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