Nokia
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Nokia

Company nameNokia Corporation
Company typePublic - Oyj
(OMX - HEX24311NOK1V, Nyse - NOK, FWB - NOA3)
IndustryTelecommunications
Internet
Computer software
FoundedTampere, Finland (1865)
incorporated in Nokia (1871)
Founder(s)Fredrik Idestam
Leo Mechelin
HeadquartersEspoo
Area servedWorldwide
Key peopleJorma Ollila (Chairman)
 Stephen Elop (President & CEO) 
Timo Ihamuotila (CFO)
Kai Öistämö (CDO)
ProductsMobile phones
Smartphones
Mobile computers
Networks
(See products listing)
ServicesMaps and navigation, music, messaging and media
Software solutions
(See services listing)
Revenue(-) -40.99 billion (2009)
Operating income(-) -1.197 billion (2009)
Net income(-) -891 million (2009)
Total assets(-) -35.74 billion (2009)
Total equity(-) -14.75 billion (2009)
Employees131,553 (September 30, 2010)
DivisionsMobile Solutions
Mobile Phones
Markets
SubsidiaryNokia Siemens Networks
Navteq
Symbian
Vertu
Qt Development Frameworks

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Nokia Corporation (-fiˈnɔkiɑ) (OMX - HEX24311NOK1V, Nyse - NOK, FWB - NOA3) is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries, with over 123,000 employees in 120 countries, sales in more than 150 countries and global annual revenue of EUR 41 billion and operating profit of -1.2 billion as of 2009. It is the world's largest manufacturer of mobile telephones: its global device market share was 30% in the third quarter 2010, down from an estimated 34% in the third quarter 2009 and an estimated 33% in the second quarter 2010. Nokia's estimated share of the converged mobile device market was 38% in the third quarter, compared with 41% in the second quarter 2010. Nokia produces mobile devices for every major market segment and protocol, including GSM, CDMA, and W-CDMA (UMTS). Nokia offers Internet services such as applications, games, music, maps, media and messaging through its Ovi platform. Nokia's subsidiary Nokia Siemens Networks produces telecommunications network equipment, solutions and services. Nokia is also engaged in providing free digital map information and navigation services through its wholly-owned subsidiary Navteq.

Nokia has sites for research and development, manufacture and sales in many countries throughout the world. As of December 2009, Nokia had R&D presence in 16 countries and employed 37,020 people in research and development, representing approximately 30% of the group's total workforce. The Nokia Research Center, founded in 1986, is Nokia's industrial research unit consisting of about 500 researchers, engineers and scientists. It has sites in seven countries: Finland, China, India, Kenya, Switzerland, the United Kingdom and the United States. Besides its research centers, in 2001 Nokia founded (and owns) INdT � Nokia Institute of Technology, a R&D institute located in Brazil. Nokia operates a total of 15 manufacturing facilities located at Espoo, Oulu and Salo, Finland; Manaus, Brazil; Beijing, Dongguan and Suzhou, China; Farnborough, England; Komárom, Hungary; Chennai, India; Reynosa, Mexico; Jucu, Romania and Masan, South Korea. Nokia's industrial design department is headquartered in Soho in London, England with significant satellite offices in Helsinki, Finland and Calabasas, California in the USA.

Nokia is a public limited liability company listed on the Helsinki, Frankfurt, and New York stock exchanges. Nokia plays a very large role in the economy of Finland; it is by far the largest Finnish company, accounting for about a third of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki) as of 2007, a unique situation for an industrialized country. It is an important employer in Finland and several small companies have grown into large ones as its partners and subcontractors. Nokia increased Finland's GDP by more than 1.5% in 1999 alone. In 2004 Nokia's share of the Finnish GDP was 3.5% and accounted for almost a quarter of Finland's exports in 2003.

In recent years, Finns have consistently ranked Nokia as one of the best Finnish brands. In 2008, it was the 27th most respected brand among Finns, down from sixth place in 2007. The Nokia brand, valued at $29.5 billion, is listed as the eight most valuable global brand in the Interbrand/BusinessWeek Best Global Brands list of 2010 (first non-US company). It is the number one brand in Asia (as of 2007) and Europe (as of 2009), the 41st most admirable company worldwide in Fortune's World's Most Admired Companies list of 2010 (third in Network and Other Communications Equipment, seventh non-US company), and the world's 120th largest company as measured by revenue in Fortune Global 500 list of 2010. As of 2010, AMR Research ranks Nokia's global supply chain number nineteen in the world. In July 2010, Nokia announced that their profits had dropped 40%. In the global smartphone rivalry, Nokia dominates the worldwide mobile markets, but remains fragile in the United States.

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Report: Nokia and AT&T ditch plans for X7 smartphone - CNET (blog) Tweet this news
CNET (blog)---Nokia- has canceled the US release of a new smartphone that was supposed to be exclusive to AT&T, the Wall Street Journal reported ... - Date : Wed, 19 Jan 2011 21:34:52 GMT+00:00
Nokia Corp. (NYSE:NOK) Deploys Software - Stock Briefings Tweet this news
Stock Briefings---Nokia- Corp. (NYSE:NOK) shares were at 10.66 at the end of the last day's trading. There's been a 0.6% movement in the stock price over the past 3 months. ... - Date : Wed, 19 Jan 2011 14:47:13 GMT+00:00
Palm, Nokia Smartphone Users Most Likely to Switch: Survey - EnterpriseMobileToday.com Tweet this news
EnterpriseMobileToday.com--Unless you're already an iPhone or Android smartphone owner, chances are you're looking to become one. That's the word from Finnish mobile ... - Date : Wed, 19 Jan 2011 21:13:15 GMT+00:00
Nokia Ends Unlimited Music Service Ovi - Paste Magazine Tweet this news
Paste Magazine---Nokia- recently announced that it will discontinue its Ovi Music Unlimited service in most of its markets. The service is currently offered in 33 countries ... - Date : Wed, 19 Jan 2011 19:23:01 GMT+00:00
Nokia E7 available to pre-order in Finland - Slippery Brick Tweet this news
Slippery Brick--Last we heard, the new -Nokia- E7 would be delayed until 2011. And sure enough it is now 2011 and now it looks like the -Nokia- E7 is finally available to ... - Date : Wed, 19 Jan 2011 17:33:04 GMT+00:00
Former Nokia guru turns his hand to Angel investing - TechCrunch Tweet this news
TechCrunch--Anssi Vanjoki, who you'll recall was supposed to be the saviour of -Nokia- before he dramatically resigned the day before ... - Date : Wed, 19 Jan 2011 10:40:01 GMT+00:00
Nokia's Loss of Market Share to Smartphone Rivals May Impact 4Q Profits - Techzone360 Tweet this news
Techzone360---Nokia- has been trying to compete against Apple and Samsung in the fierce smartphone business. ... - Date : Wed, 19 Jan 2011 19:35:31 GMT+00:00
Apple's `Underdog' Analysts Outperform Wall Street From Helsinki, Caracas - Bloomberg Tweet this news
Bloomberg--It's Horace Dediu -- a blogger, ex -Nokia- Oyj worker and self-described “entertainer” who writes from a home overlooking the Baltic Strait in Helsinki. ... - Date : Wed, 19 Jan 2011 19:33:05 GMT+00:00
Nokia, Tata among most trusted brands - Business Standard Tweet this news
Business Standard---Nokia-, the global leader in mobile handsets, is the most trusted brand in the country, followed by the Tatas and Sony, according to a study by Trust ... - Date : Wed, 19 Jan 2011 19:00:12 GMT+00:00
Nokia Terminates Ovi Music Service in 27 Countries - PC Magazine Tweet this news
PC Magazine---Nokia- is ending its subscription service for free streaming music in 27 countries. Ovi Music Unlimited will continue in a limited capacity, with 12-month ... - Date : Tue, 18 Jan 2011 21:36:31 GMT+00:00

Corporate structure : Corporate governance

Corporate structure : Corporate governance
Group Executive Board (January 2011)
Canada Stephen Elop (Chairman), b. 1963
President, CEO and Group Executive Board Chairman of Nokia Corporation since September 21, 2010
Joined Nokia on September 21, 2010

Finland Esko Aho, b. 1954
Executive Vice President, Corporate Relations and Responsibility
Joined Nokia November 1, 2008, Group Executive Board member since 2009
Former Prime Minister of Finland (1991 � 1995)
US Jerri DeVard
Executive Vice President, Chief Marketing Officer
Joined Nokia 2011, Group Executive Board member since 2011
Finland Timo Ihamuotila, b. 1966
Executive Vice President, Chief Financial Officer
With Nokia 1993 � 1996, rejoined 1999, Group Executive Board member since 2007
US Mary T. McDowell, b. 1964
Executive Vice President, Mobile Phones
Joined Nokia 2004, Group Executive Board member since 2004
Finland Dr. Tero Ojanperä, b. 1966
Executive Vice President, Services, Mobile Solutions
Joined Nokia 1990, Group Executive Board member since 2005
Finland Niklas Savander, b. 1962
Executive Vice President, Markets
Joined Nokia 1997, Group Executive Board member since 2006
Venezuela Alberto Torres, b. 1965
Executive Vice President, MeeGo Computers, Mobile Solutions
Joined Nokia 2004, Group Executive Board member since 2009
Finland Juha Äkräs, b. 1965
Executive Vice President, Human Resources
Joined Nokia 1993, Group Executive Board member since 2010
Finland Dr. Kai Öistämö, b. 1964
Executive Vice President, Chief Development Officer
Joined Nokia 1991, Group Executive Board member since 2005

Corporate structure : Corporate governance
Board of Directors
Finland Jorma Ollila (Chairman), b. 1950
Board member since 1995, Chairman of the Board of Directors since 1999
Chairman of the Board of Directors of Royal Dutch Shell PLC
US Dame Marjorie Scardino (Vice Chairman), b. 1947
Board member since 2001
Chairman of the Corporate Governance and Nomination Committee, Member of the Personnel Committee
Chief Executive Officer and member of the Board of Directors of Pearson PLC
India Lalita D. Gupte, b. 1948
Board member since 2007, Member of the Audit Committee
Non-executive Chairman of the ICICI Venture Funds Management Co Ltd.
Finland Dr. Bengt Holmström, b. 1949
Board member since 1999
Paul A. Samuelson Professor of Economics at Massachusetts Institute of Technology,
joint appointment at the MIT Sloan School of Management
Germany Dr. Henning Kagermann, b. 1947
Board member since 2007, Member of the Personnel Committee
CEO and Chairman of the Executive Board of SAP AG
Sweden Per Karlsson, b. 1955
Board member since 2002, Independent Corporate Advisor
Chairman of the Personnel Committee, Member of the Corporate Governance and Nomination Committee
France Isabel Marey-Semper, b. 1967
Board member since 2009, Member of the Audit Committee
Chief Financial Officer, EVP in charge of strategy of PSA Peugeot Citroën
Finland Risto Siilasmaa, b. 1966
Board member since 2008, Member of the Audit Committee
Founder and Chairman of F-Secure
Finland Keijo Suila, b. 1945
Board member since 2006, Member of the Audit Committee

Corporate structure : Corporate governance
Chief Executive Officers Chairmen of the Board of Directors
Björn Westerlund 1967 � 1977   Lauri J. Kivekäs 1967 � 1977  Simo Vuorilehto 1988 � 1990
Kari Kairamo 1977 � 1988 Björn Westerlund  1977 � 1979 Mika Tiivola 1990 � 1992
Simo Vuorilehto 1988 � 1992 Mika Tiivola 1979 � 1986 Casimir Ehrnrooth  1992 � 1999
Jorma Ollila 1992 � 2006 Kari Kairamo 1986 � 1988
Olli-Pekka Kallasvuo  2006 � 2010

Nokia XpressMusic

Year
2006
2007
2008
2009
2010
Entry
5200
-
-
5130
X3
Middle
5300
5310
5220
5330
5230
Premium
-
5610
5320
5630
5530
Hi-End
3250
5700
5800
5730
X6

OMX Helsinki 25 companies of Finland

Cargotec * Elisa * Fortum * Kemira * Kesko * KONE * Konecranes * Metso * Neste Oil * Nokia * Nokian Tyres * Nordea * Orion Corporation * Outokumpu * Outotec * Pohjola Bank * Rautaruukki * Sampo * Sanoma * Stora Enso * TeliaSonera * Tieto * UPM * Wärtsilä * YIT

OMX Stockholm 30 companies of Sweden

ABB * Alfa Laval * Assa Abloy * AstraZeneca * Atlas Copco * Boliden * Electrolux * Ericsson * Getinge * Hennes & Mauritz * Investor AB * Lundin Petroleum * Modern Times Group * Nokia * Nordea * Sandvik * SCA * Scania * SEB * Securitas * Skanska * SKF * SSAB * Svenska Handelsbanken * Swedbank * Swedish Match * Tele2 * TeliaSonera * Volvo



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