Nokia

History Throughout history, Nokia has reinvented itself numerous times to compete and uphold itself as the industry leader. Nokia has had many distinguishable faces as is it was starting time 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 jumper cable roving ph ane phone manufacturer. Nokia is an Internet and communications participation pesd in Finland. Established in 1865, Nokia manufactures a panoptic array of mobile widgets and software that enable its thumping world(prenominal) client base to experience music, navigation, video, television, images, and business mobility. Nokia operates on a tumescent world(prenominal) 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 shit by Interbrand/Business Week. Nokia is a very primary(prenominal) confederacy to the world, especially to the Finnish people. By far the largest company in Finland, Nokia accounts for about one third of the market capitalization 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 atomic number 63 and is the worlds 88th largest company in the Fortune five hundred list in 2008. (Mergent Online) strategical Issues Even as the global leader, Nokia is facing numerous strategic issues today that may poorly affect the company if not resolved. The major issue s for Nokia is that they are having a diffic! ult time creating phones applicable to Americans and are lagging understructure in the North American smartphone industry. Nokia trusts to capture a bigger portion of the smart-phone industry in North America to take in more revenue and snap up the attention of piano tuner 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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