What does Nokia mean?
Definitions for Nokia
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Nokia.
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A town in Finland near Tampere.
Finnish mobile telephone company and brand name.
Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa. In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world's 415th-largest company measured by 2016 revenues according to the Fortune Global 500, having peaked at 85th place in 2009. It is a component of the Euro Stoxx 50 stock market index.The company has operated in various industries over the past 150 years. It was founded as a pulp mill and had long been associated with rubber and cables, but since the 1990s has focused on large-scale telecommunications infrastructure, technology development, and licensing. Nokia made significant contributions to the mobile telephony industry, assisting in the development of the GSM, 3G, and LTE standards. For a decade beginning in 1998, Nokia was the largest worldwide vendor of mobile phones and smartphones. In the later 2000s, however, Nokia suffered from a series of poor management decisions, and soon saw its share of the mobile phone market drop sharply. After a partnership with Microsoft and Nokia's subsequent market struggles, in 2014 Microsoft bought Nokia's mobile phone business, incorporating it as Microsoft Mobile. After the sale, Nokia began to focus more on its telecommunications infrastructure business and on Internet of things technologies, marked by the divestiture of its Here mapping division and the acquisition of Alcatel-Lucent, including its Bell Labs research organization. The company then also experimented with virtual reality and digital health, the latter through the purchase of Withings. The Nokia brand returned to the mobile and smartphone market in 2016 through a licensing arrangement with HMD Global. Nokia continues to be a major patent licensor for most large mobile phone vendors. As of 2018, Nokia is the world's third-largest network equipment manufacturer.The company was viewed with national pride by Finns, as its mobile phone business made it by far the largest worldwide company and brand from Finland. At its peak in 2000, during the telecoms bubble, Nokia accounted for 4% of the country's GDP, 21% of total exports, and 70% of the Helsinki Stock Exchange market capital.
The Nokia Corporation is a Finnish multinational communications and information technology corporation that is headquartered in Espoo, Finland. Its principal products are mobile telephones and portable IT devices. It also offers Internet services including applications, games, music, media and messaging, and free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq. Nokia has a joint venture with Siemens, Nokia Siemens Networks, which provides telecommunications network equipment and services. Nokia has around 101,982 employees across 120 countries, sales in more than 150 countries and annual revenues of around €30 billion. It is the world's second-largest mobile phone maker by 2012 unit sales, with a global market share of 22.5% in the first quarter of that year. Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world's 143rd-largest company measured by 2011 revenues according to the Fortune Global 500. Nokia was the world's largest vendor of mobile phones from 1998 to 2012. However, over the past five years it has suffered a declining market share as a result of the growing use of touchscreen smartphones from other vendors - principally the Apple iPhone and devices running on Google's Android operating system - in which Nokia did not take enough advantage of. As a result, its share price had fallen from a high of US$40 in late 2007 to under US$2 in mid-2012. In a bid to recover, Nokia announced a strategic partnership with Microsoft in February 2011, as part of which all Nokia smartphones will incorporate Microsoft's Windows Phone operating system, replacing Symbian. Nokia's current flagship product is the Nokia Lumia 920 and its successors, the 925 and the 928.
Anagrams for Nokia »
The numerical value of Nokia in Chaldean Numerology is: 7
The numerical value of Nokia in Pythagorean Numerology is: 5
Examples of Nokia in a Sentence
What took Alcatel-Lucent and Nokia Siemens four or five years to do on the product roadmaps last time around will only take two or three years this time.
Jasoon Chelat from Cividep India:
The need for workers to stay connected with each other and clearly understand labor laws that impact them was felt after the Nokia crisis, where thousands lost their jobs overnight after the company shut shop.
Nokia is assessing the type of end-to-end use cases for 5G in Malaysia, one area we are exploring is applying our global learnings to industrial applications; specifically for port operations.
French Economy Minister Emmanuel Macron:
It's not normal that a big company boss is the first to jump ship. Mr Combes led a merger of Alcatel-Lucent and Nokia that we supported, so it is neither comprehensible nor acceptable that Mr Combes has decided today to leave the company when the transaction hasn't even been completed, both morally and in terms of the proper functioning of the company.
We have today multiple vendors including Huawei, Nokia and Ericsson in our networks, when I said we are reviewing our procurement - what we are reviewing is the mix of that.
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