Nokia

History Throughout history, Nokia has reinvented itself numerous times to compete and give itself as the industry leader. Nokia has had many divers(prenominal) faces as is it was scratch line formal as a paper mill during the industrial conversion then became a rubber producer, cable business, and a tuner federation. Ultimately, Nokia found its strengths and has become the worlds leadership roving ph ane phone manufacturer. Nokia is an Internet and communication theory participation pesd in Finland. Established in 1865, Nokia manufactures a dewy-eyed array of mobile widgets and software that enable its thumping world(prenominal) node base to experience music, navigation, video, television, images, and business mobility. Nokia operates on a monstrous spherical scale and has over 120,000 employees creating sales of $70.897 billion in 2008. (Mergent Online) With their large sales volume, Nokia holds 40% (2008) of the global market and is considered a top-five sh it by Interbrand/Business Week. Nokia is a very authorized go with to the world, especially to the Finnish people. By far the largest company in Finland, Nokia accounts for about one third of the market capitalisation of the carry exchange in Finland. In 1999 alone, Nokia increased Finlands gross domestic product close to 1.5%.

On a global scale, Nokia is the number one brand across Asia and europium and is the worlds 88th largest company in the Fortune ergocalciferol list in 2008. (Mergent Online) strategical Issues Even as the global leader, Nokia is facing numerous strategic issues today that may staidly affect the company if not resolved. The major issues for Nokia is that th ey are having a difficult time creating phon! es applicable to Americans and are lagging commode in the North American smartphone industry. Nokia trusts to capture a larger portion of the smart-phone industry in North America to conglomerate more revenue and snap up the attention of radio set carriers and software developers. A smartphone is an upscale device that has many different uses such as surfing the internet, playing...If you want to get a full essay, order it on our website: OrderEssay.net

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