Preview

The History of Nokia

Powerful Essays
Open Document
Open Document
2446 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The History of Nokia
|
History
1865 to 1967 | | | Fredrik Idestam, co-founder of Nokia. | | Statesman Leo Mechelin, co-founder of Nokia. |
The predecessors of the modern Nokia were the Nokia Company (Nokia Aktiebolag), Finnish Rubber Works Ltd (Suomen Gummitehdas Oy) and Finnish Cable Works Ltd (Suomen Kaapelitehdas Oy).[13]
Nokia's history started in 1865 when mining engineer Fredrik Idestam established a groundwood pulp mill on the banks of the Tammerkoski rapids in the town of Tampere, in southwestern Finland in the Russian Empire and started manufacturing paper.[14] In 1868, Idestam built a second mill near the town of Nokia, fifteen kilometres (nine miles) west of Tampere by the Nokianvirta river, which had better resources for hydropower production.[15] In 1871, Idestam, with the help of his close friend statesman Leo Mechelin, renamed and transformed his firm into a share company, thereby founding the Nokia Company, the name it is still known by today.[15]

Toward the end of the 19th century, Mechelin's wishes to expand into the electricity business were at first thwarted by Idestam's opposition. However, Idestam's retirement from the management of the company in 1896 allowed Mechelin to become the company's chairman (from 1898 until 1914) and sell most shareholders on his plans, thus realizing his vision.[15] In 1902, Nokia added electricity generation to its business activities.[14]
Networking equipment

A Nokia P30
In the 1970s, Nokia became more involved in the telecommunications industry by developing the Nokia DX 200, a digital switch for telephone exchanges. The DX 200 became the workhorse of the network equipment division. Its modular and flexible architecture enabled it to be developed into various switching products.[25] In 1984, development of a version of the exchange for the Nordic Mobile Telephony network was started.[26]
For a while in the 1970s, Nokia's network equipment production was separated into Telefenno, a company jointly owned by the

You May Also Find These Documents Helpful

  • Good Essays

    Nokia which is headquarters is located in Finland is a global telecommunications equipment manufacturer (Kwong & Wong, 2011). Stephen Elop the new CEO of Nokia announced a new mobile strategy to adopt Microsoft’s new but unproven Windows phone as its primary smart phone operating system (Kwong & Wong, 2011). The day of his big proclamation the stock market to a 14 cent dive. Vertu was the luxury mobile phone that was founded by Frank Nuovo in the 1990’s. Stephen thought that maybe just maybe that the Vertu would be able to put Nokia back on top and raise the company stock.…

    • 732 Words
    • 3 Pages
    Good Essays
  • Best Essays

    HRM587 Course Project

    • 2598 Words
    • 8 Pages

    Nokia Corporation was founded in 1967 as a technology corporation that worked hard in the industry to introduce cellular phones in the market, very specifically in the 1970’s when cellular phones were invented and gotten so much attention from consumers. Nokia was the leader in the market for large number of years until 2007 when smartphones took over the old cellular phones. After 2007 Nokia became the follower instead of continuing to be the leader in the industry, and that is all because their products of smartphones did not have…

    • 2598 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Btec Business Coursework

    • 8618 Words
    • 35 Pages

    What is known today as Nokia was established in 1865 as a pulp mill by Knut Fredrik Idestam on the banks of Nokia rapids. Finnish Rubber Works established its factories in the beginning of 20th century nearby and began using Nokia as its brand. Shortly after World War I Finnish Rubber Works acquired Nokia wood mills as well as Finnish Cable Works, a producer of telephone and telegraph cables. All these three companies were merged into the Nokia Corporation in 1967.…

    • 8618 Words
    • 35 Pages
    Powerful Essays
  • Powerful Essays

    Nokia Market Analysis

    • 1675 Words
    • 7 Pages

    Abstract : The roots of Nokia go back to the year 1865 with the establishment of a forestry industry enterprise in South-Western Finland by mining engineer Fredrick Idestam. While in the year 1898, witnessed the foundation of Finnish Rubber Works Ltd, and in 1912, Finnish Cable Works began operations. Gradually, the ownership of this two companies and Nokia began to shift into hands of just a few owners. Finally, these three companies were merged to form Nokia Corporation in 1967. [1] Nokia Corporation engages in the manufacture of mobile devices and mobile network equipment, as well as in the provision of related solutions and services worldwide. The company has four main business functions or segments: Mobile Phones, Multimedia, Enterprise Solutions, and Networks. The Mobile Phones segment provides various mobile voice and data devices. This segment offers mobile phones and devices based on GSM/EDGE, 3G/WCDMA, and CDMA cellular technologies. The Multimedia segment offers mobile devices and applications with multimedia connectivity over GSM, 3G/WCDMA, WLAM etc. Strategic Management of Nokia The External Analysis examines opportunities and threats that exist in the environment and I will…

    • 1675 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Nokia a Finnish company started as a rubber company moved into cable works and later became market leader in mobile phone devices until 2010 when the market share started declining. Nokia followed a strategy of steadily building its corporate brand and having an emotional connect with the customers. One of the key trademarks of Nokia’s brand building was that it never let its brand name to fade by creating sub-brands. It always had brand names with numerical and single alphabets. Nokia also focussed on its customer service. It has evolved to meet changing customer’s needs and desires.…

    • 685 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Nokia has come a long way to evolve from a paper mill founded in 1865 to a world renowned mobile phone manufacturer and one of the most powerful brands in the world. In 1992 Nokia appointed Jorma Ollila as the new CEO and concentrated its focus on telecommunications. Throughout the 1990’s Nokia was known as a relentless innovator and a pioneer that made the world’s first satellite call among many other groundbreaking milestones. In 1998 Nokia became the world’s largest mobile phone manufacturer with a turnover of 31 billion dollars.…

    • 1034 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    Nokia has been in business for more than 150 years, starting with the production of paper in the 1800s and evolving into a leader in mobile and location services that connects more than 1.3 billion people today. Nokia has always transformed resources into useful products – from rubber and paper, to electronics and mobile devices – and today’s resource is data.…

    • 1403 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The name NOKIA comes after the Nokia River in southern Finland, next to which the original Nokia wood pulp mill was located. The first Nokia century began with Fredrik Idestam 's paper mill on the banks of the Nokianvirta river. Between 1865 and 1967, the company would become a major industrial force; but it took a merger with a cable company and a rubber firm to set the new Nokia Corporation on the path to electronic. In 1967, all 3 companies merged-up to form the NOKIA Group. This NOKIA Group provided work for 460 people. The first handheld mobile phone was launched 1987, this phone was called Mobira Cityman. In 1992 NOKIA made a crucial decision; to focus on telecommunications and move out of its other businesses. Nokia 's core business was now: manufacturing mobile phones and manufacturing telecommunications systems.…

    • 1940 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    The rise and fall of nokia

    • 5934 Words
    • 24 Pages

    NOKIA was the most successful European company of the 1990s. The Finnish mobile-phone manufacturer captured the emerging market for mobile phones and built the industry 's most powerful brand. Its handsets virtually defined the industry from the time it launched its first GSM phone, the 1011, in 1992. From 1996 to 2001 its revenues increased almost fivefold, and by 1998 it was the world 's biggest mobile manufacturer. In 2005, it sold its billionth handset, an 1100 to a customer in Nigeria.…

    • 5934 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    According to my project I am going to explain two companies; which one of them is successful at producing and selling Smartphone and one of them is, can not success at production and sale of Smartphone. Firstly I am going explain Nokia which is leader of communication industry but going to fail at Smartphone sector and after that, I am going to explain Apple, that is best at producing Smartphone and proved its quality in last 4 years. I am going to explain briefly Nokia’s history and position in industry and explain marketing strategy deeply. Soon, I’m going to explain Apple and its product Iphone and how being successful at communication industry with explaining marketing and production strategy. At the end of project I am going to compare these two companies and their actions.…

    • 3008 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Nokia Cultures

    • 1697 Words
    • 7 Pages

    Nokia began 150 years ago in Finland. Before they for were known as a telecommunications company, they were known for a lot more. Nokia was founded by Fredrick Idestam and began as a paper mill. Nokianvirtra River was the location of the second paper mill plant which opened in 1871 and later the name of the company. Nokia has made everything from galoshes to tires. In 1898 Eduardo Polon founder Finnish Rubber Works which made galoshes becoming a bona fide classic design. “In 1912 Arvid Wickstrom founded Finnish Cable Works setting the foundation of Nokia technological business for what we know them as now” (nokia.com, March 25, 2013). Although “the three companies Nokia Ab, Finnish Rubber Works and Finnish Cable Works had worked jointly since 1922, in 1967 the three companies officially merged in 1967 forming Nokia Corporation” (nokia.com, March 25, 2013)…

    • 1697 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Nokia is a world famous mobile manufacturing company from Finland which started in1865. It is a global leader in the manufacturing of mobiles with sales in more than 150 countries and market share up to 30 %. Nokia was launched in India in 1995 and since then has steadily progressed to become the number 1 mobile selling company in India.…

    • 1984 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    NOKIA ENTREPRENEURSHIP

    • 294 Words
    • 2 Pages

    COUNTRY REPRESENT •Finnish Company •Nokianvirta river Nokia, Finland YEAR OF BIRTH  Company started in 1865 as wood pulp mill.  After 1963 Nokia started producing radio telephone COMPANY PRODUCT   Early products: Wood pulp Rubber Cables and Television Main Product: Mobile Phone, Smart Phone, Mobile Computers, etc. FOUNDER OF THE COMPANY •The company was initially founded by Fredrik Idestam in 1865 •But it was later converted into a share company with his trusted friend Leo Mechelin EARLY STORY In…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The Nokia Corporation is a Finnish multinational communication and information technology Corporation that is head quartered in Espoo, Finland Nokia was the world’s largest vendor of mobile phones from 1998 to 2012. However, its market has been declined since last five years, with the introduction on touch screen Smartphones from other vendors like iphone by Apple, Galaxy series by Samsung. Initially, Nokia’s mobiles were on Symbian OS but with the increasing competition with Smartphones, Nokia tied up with Microsoft and started using Microsoft’s Windows Phone Operating System.…

    • 4434 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Analysis on Nokia Phones

    • 1546 Words
    • 7 Pages

    Nokia is one of the major mobile manufacturing companies in the world. Nokia launched its first mobile phone - the Mobira Talkman - in 1984. Weighing just over 11 pounds, the phone was revolutionary for its time. A little over 20 years later, in 2005, the company introduced its first multimedia…

    • 1546 Words
    • 7 Pages
    Good Essays

Related Topics