Nokia Corporation

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Posted by kaori 03/23/2009 @ 22:07

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Nokia Corporation (NYSE:NOK) - Deteriorating consumer spending to ... - Research Oracle
Unfavorable global economic conditions, including weaker consumer spending and currency volatility would continue to negatively affect Nokia's Device and Services segment, going forward. The recent economic crisis has affected the credit availability,...
WiGig Creating 10x Faster LAN Standard - Wireless and Mobile News
... Inc., Broadcom Corporation, Dell, Inc., Intel Corporation, LG Electronics Inc., Marvell International LTD., MediaTek Inc., Microsoft Corporation, NEC Corporation, Nokia Corporation, Panasonic Corporation, Samsung Electronics Co. and Wilocity....
Nokia cuts jobs to better challenge Apple - The Tech Herald
by Stevie Smith - Apr 28 2009, 15:40 The recession ploughs on, inflicting yet more indiscriminate damage on leading technology companies with mobile phone titan Nokia Corporation today announcing the loss of more than 350 jobs through its Internet...
NSN Partners with EMC on IP Management Solutions - Converge Network Digest
Nokia Siemens Networks and EMC Corporation announced an alliance in advanced IP management for service providers. The co-developed solution promises end-to-end visibility and fault management for both MPLS VPN and IP routing protocol configurations in...
Notification Under Chapter 2, Section 10 of the Finnish Securities ... - PR Newswire (press release)
ESPOO, Finland , April 27 /PRNewswire-FirstCall/ -- According to information received by Nokia Corporation (NYSE: NOK), the holdings of HSBC Holdings PLC exceeded 5% of the share capital of Nokia on April 20, 2009 but represented again less than 5% on...
Sensex expected to cross 21K this year? - India Infoline.com
The incumbent mobile telecommunication service providers collectively add about 10 million new subscribers a month, which is more than the population of Finland, home country of largest mobile handset manufacturer Nokia Corp., taking the country's...
Broadband Content Bits: Gavin & Stacey; Norway TV; Spotify ... - paidContent
Nokia (NYSE: NOK) has previously marketed its N96 along with BBC's iPlayer, but a bundled video deal is rather unique. The DVD is currently going for about £12.65, though The Sun also gave away season one last month. —Norway TV: Norway's three top...
Endwave announces development contract from Nokia Siemens Networks - Trading Markets (press release)
... News | PowerRating -- Endwave Corporation (Nasdaq:ENWV), a provider of high-frequency RF solutions for mobile communications networks, announced on Friday (8 May) that it has entered into an agreement with Nokia Siemens Networks for the development...
Oulu, Finland Selected as Site for 2009 Near Field Communication ... - PR Newswire (press release)
The Sponsor members are: HP, Innovision Research & Technology plc, INSIDE Contactless, MasterCard Worldwide, Microsoft Corp., NEC, Nokia, NTT DOCOMO, Inc., NXP Semiconductors, Panasonic, Renesas Technology, Samsung, Sony Corporation, STMicroelectronics...
Parametric Technology Corporation Q1 2009 Earnings Call Transcript - Seeking Alpha
I guess the question I had was, did you take that largest deal in Europe this quarter and could I then tie that through to Nokia or is it still too early to say you've taken revenues from Nokia? Thanks. We took a little bit of revenue from Nokia this...

Nokia

The Nokia House, Nokia's head office located by the Gulf of Finland in Keilaniemi, Espoo, was constructed between 1995 and 1997. It is the workplace of more than 1,000 Nokia employees.[23]

Nokia Corporation (pronounced in Finnish) (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is a Finnish multinational communications corporation, headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki. Nokia is focused on wireless and wired telecommunications, with 128,445 employees in 120 countries, sales in more than 150 countries and global annual revenue of EUR 50.7 billion and operating profit of 5.0 billion as of 2008. It is the world's largest manufacturer of mobile telephones: its global device market share was about 37% in Q4 2008, down from 40% in Q4 2007 and down from 38% sequentially. 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. Navteq is part of Nokia's strategy of focusing on mobile navigation.

Nokia has sites for research and development, manufacture and sales in many continents throughout the world. As of December 2008, Nokia had R&D presence in 16 countries and employed 39,350 people in research and development, representing approximately 31% of the group's total workforce. The Nokia Research Center, founded in 1986, is Nokia's industrial research unit of about 500 researchers, engineers and scientists. It has sites in seven countries: Finland, China, India, Kenya, Switzerland, United Kingdom and United States. Besides its NRCs, in 2001 Nokia founded (and owns) INdT – Nokia Institute of Technology, a R&D institute located in Brazil. Nokia's production facilities are located at Espoo, Oulu and Salo, Finland; Manaus, Brazil; Beijing, Dongguan and Suzhou, China; Fleet, England; Komárom, Hungary; Chennai, India; Reynosa, Mexico; Jucu, Romania and Masan, South Korea. Nokia's Design Department remains in Salo, Finland.

Nokia is a public limited liability company listed on the Helsinki, Frankfurt, and New York stock exchanges. 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. It is an important employer in Finland and several small companies have grown into large ones as its partners and 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.

Finns have ranked Nokia many times as the best Finnish brand and employer. The Nokia brand, valued at $35.9 billion, is listed as the fifth most valuable global brand in Interbrand/BusinessWeek's Best Global Brands list of 2008 (first non-US company). It is the number one brand in Asia (as of 2007) and Europe (as of 2008), the 42nd most admirable company worldwide in Fortune's World's Most Admired Companies list of 2009 (third in Network Communications, seventh non-US company), and is the world's 88th largest company in Fortune Global 500 list of 2008, up from 119 of the previous year. As of 2008, AMR Research ranks Nokia's global supply chain number two in the world.

The predecessors of the modern Nokia were Nokia Company (Nokia Aktiebolag), Finnish Rubber Works Ltd (Suomen Gummitehdas Oy) and Finnish Cable Works Ltd (Suomen Kaapelitehdas Oy).

Nokia's history starts in 1865 when engineer Fredrik Idestam established a groundwood pulp mill on the banks of the Tammerkoski rapids in the town of Tampere, in south-western Finland, and started manufacturing paper. In 1868, Idestam built a second mill to the town of Nokia, fifteen kilometres (nine miles) west of Tampere by the Nokianvirta river, which had better resources for hydropower production. That is where the company got the name that it still uses today. In 1871, Idestam transformed his firm into a share company and founded Nokia Company with his close friend, statesman Leo Mechelin.

The name of the town, Nokia, originated from the river which flowed through the town. The river itself, Nokianvirta, was named after the archaic Finnish word originally meaning a small, dark-furred animal that lived on the banks of the Nokianvirta river. In modern Finnish, noki means soot and nokia is its inflected plural, although this form of the word is rarely if ever used. The old word, nois (pl. nokia) or nokinäätä ("soot marten"), meant sable. After sable was hunted to extinction in Finland, the word was applied to any dark-furred animal of the genus Martes, such as the pine marten, which are found in the area to this day.

At the end of the 19th century, Mechelin's wish to expand into the electricity business were at first thwarted by Idestam's opposition. Idestam retired from the management of the company in 1896. Later, Mechelin managed to convince most shareholders of his plans and became the company chairman (1898–1914), thus being able to realize his visions. In 1902, Nokia added electricity generation to its business activities.

At the beginning of the 20th century, Finnish Rubber Works, manufacturer of galoshes and other rubber products, established its factories nearby and began using Nokia as its brand. In the 1910s, shortly after World War I, Nokia Company was nearing bankruptcy. To ensure the continuation of electricity supply from Nokia's generators, Finnish Rubber Works acquired the business of the insolvent company. In 1922, Finnish Rubber Works acquired Finnish Cable Works, producer of telephone, telegraph and electricity cables. In 1937, Verner Weckman, a sport wrestler and Finland's first Olympic Gold medalist, became President of Finnish Cable Works, after 16 years as its Technical Director. After World War II, Finnish Cable Works supplied cables to the Soviet Union as part of Finland's war reparations. This gave the company a good foothold for later trade.

The three companies, which had been jointly owned since 1922, were merged to form a new industrial conglomerate, Nokia Corporation in 1967 and paved the way for Nokia's future as a global corporation. The new company was involved in many sectors, producing at one time or another paper products, bicycle and car tires, footwear (including Wellington boots), personal computers, communications cables, televisions, electricity generation machinery, capacitors and aluminium. Each business unit had its own director who reported to the first Nokia Corporation President, Björn Westerlund. As the president of Finnish Cable Works, he had been responsible for setting up the company’s first electronics department in 1960, sowing the seeds of Nokia’s future in telecommunications.

Eventually, the company decided to leave consumer electronics behind in the 1990s and focused solely on telecommunications. Nokian Tyres, manufacturer of tires split from Nokia Corporation to form its own company in 1988 and two years later Nokian Footwear, manufacturer of rubber boots, was founded. During the rest of the 1990s, Nokia divested itself of all of its non-telecommunications businesses.

The seeds of the current incarnation of Nokia were planted with the founding of the electronics section of the cable division in 1960 and the production of its first electronic device in 1962: a pulse analyzer designed for use in nuclear power plants. In the 1967 fusion, that section was separated into its own division, and began manufacturing telecommunications equipment.

In the 1970s, Nokia became more involved in the telecommunications industry by developing the Nokia DX200, a digital switch for telephone exchanges. In 1982, a DX200 switch became the world's first digital telephone switch to be put into operational use. The DX200 became the workhorse of the network equipment division. Its modular and flexible architecture enabled it to be developed into various switching products.

For a while in the 1970s, Nokia's network equipment production was separated into Telefenno, a company jointly owned by the parent corporation and by a company owned by the Finnish state. In 1987, the state sold its shares to Nokia and in 1992 the name was changed to Nokia Telecommunications.

In the 1970s and 1980s, Nokia developed the Sanomalaitejärjestelmä ("Message device system") for Finnish Defence Forces.

The technologies that preceded modern cellular mobile telephony systems were the various "0G" pre-cellular mobile radio telephony standards. Nokia had been producing commercial and military mobile radio communications technology since the 1960s. Since 1964, Nokia had developed VHF-radio simultaneously with Salora Oy. In 1966, Nokia and Salora started developing the ARP standard (which stands for Autoradiopuhelin, or "car radio phone"), a car-based mobile radio telephony system and the first commercially operated public mobile phone network in Finland. It went online in 1971 and offered 100% coverage in 1978.

In 1979, the merger of these two companies resulted in the establishment of Mobira Oy. Mobira began developing mobile phones for the NMT (Nordic Mobile Telephony) network standard, the first-generation, first fully-automatic cellular phone system that went online in 1981. In 1982, Mobira introduced its first car phone, the Mobira Senator for NMT-450 networks.

Nokia bought Salora Oy in 1984 and now owning 100% of the company, changed the company's telecommunication branch name to Nokia-Mobira Oy. The Mobira Talkman, launched in 1984, was one of the world's first transportable phones. In 1987, Nokia introduced one of the world's first handheld phones, the Mobira Cityman 900 for NMT-900 networks (which offered a better signal, yet a shorter roam). While the Mobira Senator of 1982 had weighed 9.8 kg (22 lb) and the Talkman just under 5 kg (11 lb), the Mobira Cityman weighed only 800 g (28 oz) with the battery and had a price tag of 24,000 Finnish marks (approximately €4,560). Despite the high price, the first phones were almost snatched from the sales assistants’ hands. Initially, the mobile phone was a "yuppie" product and a status symbol.

Nokia's mobile phones got a big publicity boost in 1987, when Soviet leader Mikhail Gorbachev was pictured using a Mobira Cityman to make a call from Helsinki to his communications minister in Moscow. This led to the phone's nickname of the "Gorba".

In 1988, Jorma Nieminen, resigning from the post of CEO of the mobile phone unit, along with two other employees from the unit, started a notable mobile phone company of their own, Benefon Oy (since renamed to GeoSentric). One year later, Nokia-Mobira Oy became Nokia Mobile Phones.

Nokia was one of the key developers of GSM (Global System for Mobile Communications), the second-generation mobile technology which could carry data as well as voice traffic. NMT (Nordic Mobile Telephony), the world's first mobile telephony standard that enabled international roaming, provided valuable experience for Nokia for its close participation in developing GSM, which was adopted in 1987 as the new European standard for digital mobile technology.

Nokia delivered its first GSM network to the Finnish operator Radiolinja in 1989. The world's first commercial GSM call was made on July 1, 1991 in Helsinki, Finland over a Nokia-supplied network, by then Prime Minister of Finland Harri Holkeri, using a prototype Nokia GSM phone. In 1992, the first GSM phone, the Nokia 1011, was launched. The model number refers to its launch date, 10 November. The Nokia 1011 did not yet employ Nokia's characteristic ringtone, the Nokia tune. It was introduced as a ringtone in 1994 with the Nokia 2100 series.

GSM's high-quality voice calls, easy international roaming and support for new services like text messaging (SMS) laid the foundations for a worldwide boom in mobile phone use. GSM came to dominate the world of mobile telephony in the 1990s, in mid-2008 accounting for about three billion mobile telephone subscribers in the world, with more than 700 mobile operators across 218 countries and territories. New connections are added at the rate of 15 per second, or 1.3 million per day.

In the 1980s, Nokia's computer division Nokia Data produced a series of personal computers called MikroMikko. MikroMikko was Nokia Data's attempt to enter the business computer market. The first model in the line, MikroMikko 1, was released on September 29, 1981, around the same time as the first IBM PC. However, the personal computer division was sold to the British ICL (International Computers Limited) in 1991, which later became part of Fujitsu. MikroMikko remained a trademark of ICL and later Fujitsu. Internationally the MikroMikko line was marketed by Fujitsu as the ErgoPro.

Fujitsu later transferred its personal computer operations to Fujitsu Siemens Computers, which shut down its only factory in Espoo, Finland (in the Kilo district, where computers had been produced since the 1960s) at the end of March 2000, thus ending large-scale PC manufacturing in the country. Nokia was also known for producing very high quality CRT displays for PC and larger systems application. The CRT division was sold to ViewSonic in 2000.

In the 1980s, during the era of its CEO Kari Kairamo, Nokia expanded into new fields, mostly by acquisitions. In the late 1980s and early 1990s, the corporation ran into serious financial problems, a major reason being its heavy losses by the television manufacturing division and businesses that were just too diverse. These problems, and a suspected total burnout, probably contributed to Kairamo taking his own life in 1988. After Kairamo's death, Simo Vuorilehto became Nokia's Chairman and CEO. In 1990–1993, Finland underwent severe economic depression, which also struck Nokia. Under Vuorilehto's management, Nokia was severely overhauled. The company responded by streamlining its telecommunications divisions, and by divesting itself of the television and PC divisions.

Probably the most important strategic change in Nokia's history was made in 1992, however, when the new CEO Jorma Ollila made a crucial strategic decision to concentrate solely on telecommunications. Thus, during the rest of the 1990s, the rubber, cable and consumer electronics divisions were gradually sold as Nokia continued to divest itself of all of its non-telecommunications businesses.

As late as 1991, more than a quarter of Nokia's turnover still came from sales in Finland. However, after the strategic change of 1992, Nokia saw a huge increase in sales to North America, South America and Asia. The exploding worldwide popularity of mobile telephones, beyond even Nokia's most optimistic predictions, caused a logistics crisis in the mid-1990s. This prompted Nokia to overhaul its entire logistics operation. By 1998, Nokia’s focus on telecommunications and its early investment in GSM technologies had made the company the world's largest mobile phone manufacturer. Between 1996 and 2001, Nokia’s turnover increased almost fivefold from 6.5 billion euros to 31 billion euros. Logistics continues to be one of Nokia's major advantages over its rivals, along with greater economies of scale.

Nokia opened its Komárom, Hungary mobile phone factory on May 5, 2000.

In April 2003, the troubles of the networks equipment division caused the corporation to resort to similar streamlining practices on that side, including layoffs and organizational restructuring. This diminished Nokia's public image in Finland, and produced a number of court cases and an episode of a documentary television show critical of Nokia.

On September 22, 2003, Nokia acquired Sega.com, a branch of Sega which has been the major basis to develop the Nokia N-Gage device.

On November 16, 2005, Nokia and Intellisync Corporation, a provider of data and PIM synchronization software, signed a definitive agreement for Nokia to acquire Intellisync. Nokia completed the acquisition on February 10, 2006.

Despite these occasional crises, Nokia has been phenomenally successful in its chosen field. Its growth has come mostly during the era of Jorma Ollila as CEO and his team of about six close colleagues. In June 2006, Ollila left to become the chairman of Royal Dutch Shell and to give way for Olli-Pekka Kallasvuo.

On February 2006, Nokia and Sanyo announced a memorandum of understanding to create a joint venture addressing the CDMA handset business. But in June, they announced ending negotiations without agreement. Nokia also stated its decision to pull out of CDMA research and development, to continue CDMA business in selected markets.

On June 19, 2006, Nokia and Siemens AG announced the companies are to merge their mobile and fixed-line phone network equipment businesses to create one of the world's largest network firms, Nokia Siemens Networks. Each company has a 50% stake in the infrastructure company and it is headquartered in Espoo, Finland. The companies predict annual sales of €16 bn and cost savings of €1.5 bn a year by 2010. About 20,000 Nokia employees were transferred to this new company.

On August 8, 2006, Nokia and Loudeye Corp. announced that they have signed an agreement for Nokia to acquire online music distributor Loudeye Corporation for approximately US $60 million. The company has been developing this into an online music service in the hope of using it to generate handset sales. The service is expected to launch in late 2007 and would rival iTunes. Nokia completed the acquisition on October 16, 2006.

In March 2007, Nokia signed a memorandum with Cluj County Council, Romania to open a new plant near the city in Jucu commune. Moving the production from the Bochum, Germany factory to a low wage country created an uproar in Germany.

In May 2007, Nokia announced that its Nokia 1100 handset, with over 200 million units shipped, is the best-selling mobile phone of all time and the world's top-selling consumer electronics product.

In July 2007, Nokia acquired all assets of Twango, the comprehensive media sharing solution for organizing and sharing photos, videos and other personal media.

In September 2007, Nokia announced its intention to acquire Enpocket, a supplier of mobile advertising technology and services.

In October 2007, pending shareholder and regulatory approval, Nokia bought Navteq, a U.S.-based supplier of digital mapping data, for a price of $8.1 billion. Nokia finalized the acquistion on July 10, 2008.

In November 2007, Nokia announces and releases the Nokia N82, it's first (and currently, only) Nseries phone with Xenon flash.

At the Nokia World conference in December 2007, Nokia announced their "Comes With Music" program: Nokia device buyers are to receive a year of complimentary access to music downloads. The service is expected to be commercially available in the second half of 2008.

In April 2008, Nokia began finding new ways to connect people, asking the "audience" to use their creativity and their mobile devices to become Nokia’s production company – to take part in filming, acting, editing and producing a collaborative film. Nokia Productions will be the first ever mobile filmmaking project directed by Spike Lee. This will be a collaborative experience that exists across borders and perspectives—working off a common script.

In May 2008, Nokia announced on their annual stockholder meeting that they want to shift to the internet business as a whole. Nokia no longer wants to be seen as the telephone company. Google, Apple and Microsoft are not seen as natural competition for their new image but they are considered as major important players to deal with.

In September, 2008, Nokia acquires OZ Communications, a privately held company with approximately 220 employees and headquartered in Montreal, Canada.

In 2008, Nokia released the Nokia E71 in the United Kingdom which was marketed to directly compete with the other Blackberry devices offering a full keyboard and cheaper prices.

In November 2008, Nokia announced ceasing mobile phone distribution in Japan. Following early December, distribution of Nokia E71 is cancelled, both from NTT docomo and SoftBank Mobile. Nokia Japan remains tasks of global research & development programs, sourcing business, and an MVNO venture of Vertu luxury phones, using docomo's telecommunication network.

Since January 1, 2008, Nokia comprises three business groups: Devices, Services and Markets. The three main units receive operational support from the Corporate Development Office, led by Mary T. McDowell, which is also responsible for exploring corporate strategic and future growth opportunities.

On April 1, 2007, Nokia’s Networks business group was combined with Siemens’ carrier-related operations for fixed and mobile networks to form Nokia Siemens Networks, jointly owned by Nokia and Siemens and consolidated by Nokia.

The Devices division combines its existing mainline mobile phones division with the separate subdivisions manufacturing Multimedia (Nseries) and Enterprise (Eseries) class devices as well as formerly centralized core devices R&D – called Technology Platforms, headed by Kai Öistämö.

This division provides the general public with mobile voice and data products across a wide range of mobile devices, including high-volume, consumer oriented mobile phones and devices, and more expensive multimedia and enterprise-class devices. The devices are based on GSM/EDGE, 3G/W-CDMA and CDMA cellular technologies. Nokia's Nseries Multimedia Computers extensively uses Symbian OS.

In the first quarter of 2006 Nokia sold over 15 million MP3 capable mobile phones, which means that Nokia is not only the world's leading supplier of mobile phones and digital cameras (as most of Nokia's mobile telephones feature digital cameras, it is also believed that Nokia has recently overtaken Kodak in camera production making it the largest in the world), Nokia is now also the leading supplier of digital audio players (MP3 players), outpacing sales of devices such as the iPod from Apple. At the end of the year 2007, Nokia managed to sell almost 440 million mobile phones which accounted for 40% of all global mobile phones sales.

The Services division operates in five areas of Internet services: music, maps, media, messaging and games. The division combines the existing Enterprise and Consumer driver services businesses previously hosted in Multimedia and Enterprise Solutions divisions as well as a number of new acquisitions (Loudeye, Gate5, Enpocket, Intellisync, Avvenu and OZ Communications), headed by Niklas Savander.

The group works with companies outside the telecommunications industry to make advances in the technology and bring new applications and possibilities in areas such as online services, optics, music synchronization and streaming media.

The successor organization to Nokia's Customer and Market Operations division, represents the sales, marketing and manufacturing functions of the company, led by Anssi Vanjoki.

Nokia has several subsidiaries, of which the two most important as of 2009 are Nokia Siemens Networks and Navteq. Other notable subsidiaries include, but are not limited to Symbian Limited, a software development and licensing company that produces Symbian OS, a smartphone operating system used by Nokia and other manufacturers; Vertu, a British-based manufacturer and retailer of luxury mobile phones; Qt Software, a Norwegian-based software company, and OZ Communications, a consumer e-mail and instant messaging provider.

Nokia Siemens Networks (previously Nokia Networks) provides mobile network infrastructure, communications and networks service platforms, as well as professional services to operators and service providers. Networks focuses in: GSM, EDGE, 3G/W-CDMA and WiMAX radio access networks; core networks with increasing IP and multiaccess capabilities; and services.

At the end of 2005, Nokia Networks had more than 150 mobile network customers in more than 60 countries, with its systems serving in excess of 400 million subscribers.

On June 19, 2006 Nokia and Siemens AG announced the companies are to merge their mobile and fixed-line phone network equipment businesses to create one of the world's largest network firms, called Nokia Siemens Networks. The Nokia Siemens Networks brand identity was subsequently launched at the 3GSM World Congress in Barcelona in February 2007.

Navteq, which was acquired by Nokia on October 1, 2007, is a Chicago, Illinois-based provider of digital map data for automotive navigation systems, mobile devices, Internet-based mapping applications and government and business solutions. Navteq’s map data will be part of the Nokia Maps online service where users can download maps, use voice-guided navigation and other context-aware web services.

The control and management of Nokia is divided among the shareholders at a general meeting and the Group Executive Board (left), under the direction of the Board of Directors (right). The Chairman and the rest of the Group Executive Board members are appointed by the Board of Directors. Only the Chairman of the Group Executive Board can belong to both, the Board of Directors and the Group Executive Board. The Board of Directors' committees consist of the Audit Committee, the Personnel Committee and the Corporate Governance and Nomination Committee.

The operations of the company are managed within the framework set by the Finnish Companies Act, Nokia's Articles of Association and Corporate Governance Guidelines, and related Board of Directors adopted charters.

Nokia's official corporate culture manifesto, The Nokia Way, emphasises the speed and flexibility of decision-making in a flat, networked organization, although the corporation's size necessarily imposes a certain amount of bureaucracy.

The official business language of Nokia is English. All documentation is written in English, and is used in official intra-company spoken communication and e-mail.

Until May 2007, the Nokia Values were Customer Satisfaction, Respect, Achievement, and Renewal. In May 2007, Nokia redefined its values after initiating a series of discussions worldwide as to what the new values of the company should be. Based on the employee suggestions, the new values were defined as: Engaging You, Achieving Together, Passion for Innovation and Very Human.

Nokia was the first proponent of a Top Level Domain (TLD) specifically for the Mobile Web and, as a result, was instrumental in the launch of the .mobi domain name extension in September 2006 as an official backer. Since then, Nokia has launched the largest mobile portal, Nokia.mobi, which receives over 100 million visits a month. It followed that with the launch of a mobile Ad Service to cater to the growing demand for mobile advertisement.

Ovi, announced on August 29, 2007, is the name for Nokia's "umbrella concept" Internet services. Centered on Ovi.com, it will market as "personal dashboard" where users can share photos with friends, download music, maps and games directly to their phones and access third-party services like Yahoo's Flickr photo site. It has some significance in that Nokia is moving deeper into the world of Internet services, where head-on competition with Microsoft, Google and Apple is inevitable.

The services so far announced to be offered through Ovi include the Nokia Music Store, Nokia Maps and the N-Gage mobile gaming platform available for several S60 smartphones.

In August 2007, Nokia launched their new social network, dubbed MOSH. MOSH by Nokia is the first-ever social network built by a handset manufacturer. MOSH aims to bring social, media-based networks to the mobile environment. Users can upload, download, share, and bookmark a variety of media – audio files, video files, documents, applications, games, images.

On December 4, 2007, Nokia unveiled their plans for the "Nokia Comes With Music" initiative, a program that would partner with Universal Music Group International and Sony BMG to bundle a year's worth of unlimited, DRM-encumbered downloads with the purchase of a Nokia phone. Following the termination of the year of free downloads, tracks can be kept without having to renew the subscription. Downloads will be both PC and mobile-based.

On August 13, 2008, Nokia launched a beta release of "Nokia Email service", a new push e-mail service, since graduated as part of Nokia Messaging. Nokia Messaging can sync personal e-mail accounts offered by a variety of ISPs (Internet Service Providers). Nokia Messaging is available at email.nokia.com.

Electronic products such as cell phones impact the environment both during production and after their useful life when they are discarded and turned into electronic waste. According to environmental organization Greenpeace, Nokia has a good track record in limiting the amount of toxic chemicals in its products, supporting recycling, and reducing impact on climate change, compared to other large electronics brands.

In an effort to further reduce their environmental impact, Nokia released a new phone concept, Remade, in February 2008. The phone has been constructed of solely recyclable materials. The outer part of the phone is made from recycled materials such as aluminum cans, plastic bottles, and used car tires. The screen is constructed of recycled glass, and the hinges have been created from rubber tires. The interior of the phone is entirely constructed with refurbished phone parts, and there is a feature that encourages energy saving habits by reducing the backlight to the ideal level, which then allows the battery to last longer without frequent charges.

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Jorma Ollila

Jorma Jaakko Ollila (born in Seinäjoki, Finland, on August 15, 1950) is the Chairman (1999– ) and former CEO of the Nokia Corporation (1992–2006) and Member of the Board of Directors of Ford Motor Company (2000– ), UPM-Kymmene (1997– ), and Otava Books and Magazines Group Ltd. (1996–).

As of June 1, 2006 he became the Non-Executive Chairman of Royal Dutch Shell and continues as the Non-Executive Chairman of Nokia.

After elementary school education in Kirkon koulu in Kurikka Finland, Ollila started high school studies in Vaasa, in Vaasan Lyseon Lukio. Ollila studied during high school with the help of a scholarship at the renowned Atlantic College, where he earned his International Baccalaureate Diploma. He then went on to study for a Master of Political Science (University of Helsinki), a Master of Science (Econ.) (London School of Economics, LSE) and a Master of Science (Eng.) in Engineering Physics (Helsinki University of Technology). In 2003, he was elected an Honorary Fellow of the London School of Economics (LSE), and was awarded Honorary Membership of the Institute of Electrical and Electronics Engineers (IEEE). Ollila has also earned Honorary Doctorates from both the University of Helsinki and Helsinki University of Technology.

Ollila is known to have been very active in student politics during his studies, and still today participates in Finnish political debate. As a conscript in the Finnish Defence Forces, he received reserve officer training and gained practical leadership experience. While attending the Finnish Reserve Officer School he was the Chairman of his Reserve Officer Course.

Prior to joining Nokia in 1985 Jorma Ollila worked eight years in corporate banking at Citibank's London and Helsinki offices, and when he joined Nokia his tasks involved international investment deals. A year later, in 1986, Ollila found himself as head of Finance during Nokia's renewal under then CEO Kari Kairamo. His career at Nokia continued as he was appointed as chief of the mobile phones section in 1990, and CEO two years later in 1992. When Ollila first came into power the company had suffered from internal disputes and had been run into a financial crisis over a number of years.

As CEO of Nokia he has been the leader of the strategy that restructured the former industrial conglomerate into one of the major companies in the mobile phone and telecommunications infrastructure markets.

In 1999 Ollila seriously considered taking part in the Finnish presidential election following a request from a member of National Coalition Party, Sauli Niinistö who was at that time Finnish finance minister and who later became Speaker of the Finnish Parliament. This was in spite the fact that Ollila belongs to a different party, Finnish Centre, which he has been involved with since his activities in student politics at the University of Helsinki.

He acted as CEO and the Chairman of Nokia from 1999 to 2006 although he still serves as a part-time Chairman. He was succeeded as CEO by Olli-Pekka Kallasvuo.

Ollila is the Chairman of the Research Institute of the Finnish Economy (ETLA), the most reputed economic and social studies think tank in Finland. Since 2005, he is chairman of the European Round Table of Industrialists (ERT).

Ollila is the first non-Dutch / non-British person to be the Chairman of Shell. He is also the first Chairman chosen for this multinational corporation in its new corporate form of Royal Dutch Shell.

Whilst in the past both of Shell's "parent" companies ("Royal Dutch" and "Shell" Transport and Trading) have had non-executive directors (often very distinguished ones) none of them has become very involved in the day to day running of Shell's huge business. It has been suggested that this has been a contributory factor in some of Shell's business failures and reputational problems.

Ollila has been appointed following a nine month long search to find the right person and it is clear that he will be expected to be fairly hands on. It is reported that he will spend two to three days a week on his Shell duties which suggests that he will be quite intimately involved in the detail of both Shell's recovery from its problems and in the development of a new direction for this much troubled corporation.

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Pekka Ala-Pietilä

Pekka Ala-Pietilä is CEO and co-founder of Blyk. He was also President of Nokia Corporation (1999-2005) and President of Nokia Mobile Phones (1992-1998). He holds an honorary Doctor in Technology from University of Tampere and in Science from the University of Helsinki, and is a Knight 1st Class of the Order of the White Rose of Finland.

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Mika Tiivola

Mika Tiivola (November 30, 1922 – April 13, 1994) was a Finnish businessman. He was the former CEO of the former Finnish bank SYP, or Suomen Yhdyspankki (Union Bank of Finland). He was the Chairman of Nokia Corporation when SYP was its largest owner in the 1980s.

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Lauri Kivekäs

Lauri Jaakko Kivekäs, titled Vuorineuvos (July 7, 1903 Muuruvesi, Finland – February 12, 1998), was a Finnish businessman. He was the former Chairman of Confederation of Finnish Industries and the first Chairman of Nokia Corporation after the 1967 merger of the three Finnish companies Nokia Company, Finnish Rubber Works and Finnish Cable Works. He remained Nokia Chairman until 1977 when he was replaced by Björn Westerlund.

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Björn Westerlund

Björn Westerlund, titled Vuorineuvos (January 27, 1912 Hanover, Germany – March 11, 2009 Helsinki, Finland), was a Finnish businessman and the former and first Chairman and CEO of Nokia Corporation after the 1967 merger of the three Finnish companies Nokia Company, Finnish Rubber Works and Finnish Cable Works. He was the CEO until his retirement in 1977. He remained Chairman of the Board until 1979.

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Simon Beresford-Wylie

Simon Beresford-Wylie (born May 18, 1958 in the United Kingdom) is the President and Chief Executive Officer of Nokia Siemens Networks. He has been a member of the Group Executive Board of Nokia Corporation since February 1, 2005, and the Board of Directors of the Vitec Group since March 1, 2006. Simon Beresford-Wylie joined Nokia in 1998.

Beresford-Wylie is a dual UK-Australian citizen, is married and has two children, Edward and Guy. He enjoys traveling, philately and collecting art and antiques in his spare time.

Before becoming Chief Executive Officer of Nokia Siemens Networks in 2007, Simon Beresford-Wylie was the Executive Vice President and General Manager for Nokia Networks. Before that, he held several positions in Nokia in Asia and Europe before becoming the head Nokia’s infrastructure business group in February 2005.

Before joining Nokia in 1998, he was the Chief Executive Officer of an Indian mobile operator Modi Telstra since 1995 (a joint venture between Australia’s Telstra Corporation and Modicorp of India). Prior to that he held various management positions within Telstra’s Corporate and Government Business Unit.

From 1982 until 1989, before entering the private sector, Beresford-Wylie worked for Australian government agencies responsible for taxation and for industry policy.

Simon holds degrees in economic geography and history from the Australian National University. He is a graduate of the Executive Development Program of Stanford University / National University of Singapore.

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Kari Kairamo

Kari Kairamo, titled Vuorineuvos (December 31, 1932 near Kotka in Finland, – December 11, 1988 in Espoo, Finland), was a Chairman and CEO of Nokia Corporation and a significant and popular person in the industry, who was also actively involved in Finland's foreign policy.

Kari Kairamo had an education in Forest Engineering. Early on in his career, he had leading positions in several international firms in the paper industry. Nokia hired him in 1967, when it was still a major player in the forest industry. In 1977, Kairamo became CEO of Nokia after Björn Westerlund retired. Kairamo's mission was to build Nokia fast into an internationally large multi-industry company, and he led several courageous acquisitions for the company.

The late 1980s was a very special period of time both for the Nokia Corporation and for Finland. The place Finland occupied on the map of Europe was about to change, and cold war and protectionism in the Finnish trade politics was about to break down. Kairamo saw the importance of Nokia, the biggest company in Finland, as a major agent in getting Finland closer to Western Europe, although at the same time he considered the Soviet Union to be an important trade partner and managed to retain close relations with major Soviet politicians and business leaders.

Kari Kairamo committed suicide in his home on December 11, 1988. His sudden death by his own hand only served to strengthen his already legendary image. Kairamo already showed signs of manic-depression early on in the 1960s. He had endless amount of energy and a stunning work efficiency. A total burnout is also a commonly suspected reason for his tragic decision.

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Olli-Pekka Kallasvuo

Olli-Pekka Kallasvuo (born in Lavia, Finland on July 13, 1953) is the President and Chief Executive Officer of Nokia Corporation and Chairman of the board of directors for Nokia Siemens Networks, a joint venture between Nokia and Siemens AG.

Kallasvuo joined Nokia in 1980 as Corporate Counsel, and has held roles of increasing responsibility since that time. In 1987 he was appointed Assistant Vice President, Legal Department, and in 1988 he was named Assistant Vice President, Finance. In 1990 he was promoted to Senior Vice President, Finance. Since 1990 Kallasvuo has been a member of the Group Executive Board of Nokia.

In 1992, Kallasvuo was named Executive Vice President and Chief Financial Officer. In 1997-1998 he served as Corporate Executive Vice President, Nokia United States, being responsible for all Nokia's business operations in the US. He returned to the position of Chief Financial Officer at the beginning of 1999, the position he had held prior to moving to the United States. From 2004–2005 Kallasvuo was Executive Vice President and General Manager of Mobile Phones. On October 1, 2005 he was named President and COO before his appointment to the current position, Chief Executive Officer on June 1, 2006.

In addition to his duties for Nokia he is a member of the board of directors of EMC Corporation.

Prior to joining Nokia, Olli-Pekka Kallasvuo held a variety of positions with the Union Bank of Finland.

Olli-Pekka Kallasvuo holds a master's degree in law (LL.M.) from the University of Helsinki.

Kallasvuo is married to Ursula Ranin, a lawyer formerly working for Nokia. From his previous marriage to Anita Kallasvuo he has two adult children; Jussi and Anu Kallasvuo.

According to his official Nokia biography page he enjoys golf, tennis and reading about political history in his spare time.

In 2005, Kallasvuo was summarily fined 30 day fines (amounting to €31,000 at his income) for failing to properly declare privately imported luxury goods on a flight from Switzerland to Helsinki in September 2004. The incident was settled without an official court hearing after Kallasvuo pleaded no contest.

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Nokian Tyres

Nokian Tyres plc (Finnish: Nokian Renkaat Oyj) is a Finnish manufacturer of tires for cars, trucks, heavy duty equipment, and bicycles. It is the largest car tire manufacturer in the Nordic region. Headquartered in Nokia, Finland, Nokian (which were originally branded as Nokia tires; Nokian is the genitive) was split from the then conglomerate Nokia (which later became the world's largest mobile phone vendor) in 1988. Nokia Corporation no longer has any ownership interest in Nokian Tyres, whose largest shareholder (with an 18.9% stake) is the Japanese tire vendor Bridgestone. Nokian Tyres, however, still operates as an independent company.

In 2004, Nokian Tyres sold its bicycle tyres business to Suomen Rengastehdas Oy. In the bicycle industry they remain as one of the few manufacturers of tungsten carbide studded snow tires.

Nokian Tyres also runs the Vianor tyre chain, which is the largest and most extensive tyre franchise in the Nordic countries with approximately 190 retail outlets across Finland, Sweden, Norway, the Baltic countries, and Russia.

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Source : Wikipedia