Nokia Corporation, with its stock symbol NOK, has a rich history dating back to its inception in 1865. Based in Espoo, Finland, the company's core business segments consist of Networks, Nokia Software, and Nokia Technologies. The Networks division specializes in broadband, IP networks, and software services, which are further subdivided into Mobile Networks and Fixed Networks. Nokia Software focuses on providing network-related software solutions and cloud services. Meanwhile, Nokia Technologies is responsible for managing the company's patents, licensing IP, and technologies.
Among the company's major brands are Nokia, its primary brand for products and services; Bell Labs, the illustrious research and development arm; and Nuage Networks, which offers software-defined networking solutions.
Nokia has a substantial global presence with major markets in North America, Europe, Asia-Pacific, as well as Latin America and the Middle East & Africa. These regions are integral to Nokia's global operations and sales efforts.
Notably, Nokia has undergone significant transformations, particularly after selling its mobile phone and devices division to Microsoft in 2014. Since then, Nokia has refocused its efforts on network infrastructure and telecommunications equipment, shaping itself into a key player in these sectors. (Powered by AI)