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Nokia Analysis

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Nokia Analysis
Introduction: "Nokia - Connecting People": this slogan is known all over the world. In 2006 Nokia employs 68,041 people in 120 countries. Currently every third mobile phone sold in the world is from Nokia. The Nokia Company is today one of the world's leading high tech companies. Its rapidly growth in the 1990s coincided with a basal structural change of the Finnish economy and industry. In this restructuring process Nokia played an important role. Despite the fact that Nokia is a leading multinational company, a major part of its business is located in Finland. Nokia plays a significant role in the economic growth of Finland, which has been one of the fastest growing in whole Europe.

I. History of Nokia The Nokia story begins in 1865, when Fredrik Idestam, a mining engineer, establishes a paper mill at the Tammerkoski Rapids in south-western Finland, a few years later, he built a second mill by the Nokianvirta river – the place that gave Nokia its name. In those days there was a strong demand for paper in the whole industry, the company's sales achieved its high-stakes and Nokia grew faster and faster. Nokia exported paper to Russia first and then to almost whole Europe. A few years later, Finnish Rubber Works, a manufacturer of Rubber goods like tyres, industrial parts and footwear, impressed with the hydro-electricity produced by the Nokia wood-pulp (from river Emäkoski), merged up and started selling goods under the brand name of Nokia. Unfortunately there was a recession during World War II, but after World War II, Nokia acquired the majority part of the Finnish Cable Works shares. The Finnish Cable Works had grown quickly due to the increasing demand for power transmission and telegraph and telephone networks in the World War II. Gradually the ownership of the Rubber Works and the Cable Works companies consolidated.
(Haikioe, M. 2002) and ("The History of Nokia 1865-2002," 2003) In 1967, all the 3 companies merged-up to form



Bibliography: Source Premier - Datamonitor. Retrieved March 4, 2007, from Business Source Premier database: Haikioe, M. (2002). Tracing Nokia 's family tree. In Nokia - The Inside Story (pp http://www.nokia.com/A4359303 NOKIA Corp., Press Release (2006, April) 20 Countries. Retrieved March 6, 2007, from http://www.socialfunds.com/news/release.cgi/3833.html The History of Nokia 1865-2002. (2003). Retrieved April 8, 2007, from http://r2.nokia.com/nokiahistory/index.html Nokia Corp. (2007, April). Nokia Youth Development - Society. Retrieved April 1, 2007, from http://www.nokia.com/A4359298 Nokia Corp. (2007, April). Nokia Environment. Retrieved April 1, 2007, from http://www.nokia.com/A4359303 NOKIA Corp., Press Release (2006, April). Social Funds - Global Youth Program now in 20 Countries http://www.socialfunds.com/news/release.cgi/3854.html NOKIA Corp., Press Release (2006, April) 20 Countries. Retrieved March 6, 2007, from http://www.socialfunds.com/news/release.cgi/3458.html Wearden, G. (2005, December 9). Nokia: 2 billion cell phone users by 2006. Retrieved April 10, 2007, from CNET News.com Web site Analysis of Q4 2006. (2007, January 25). Press Release . Retrieved March 18, 2007, from http://www.nokia.com/results/results2006Q4e.pdf Messageboard (2005, September 22). Nokia Sells 1 Billionth Mobile Phone. Message posted to geekzone.co.nz, archived at http://www.geekzone.co.nz/content.asp?contentid=5232 Nokia Corp Hoskins, R. (2006, November 9). Nokia Signs Research and Development Agreement with U.S March 5, 2007, from http://www.elsnet.org/orgs/3074.html Nokia Annual income Statement Uusitalo, M., PhD. (2006). Open Innovation Strategy. Retrieved March 4, 2007, from http://ckir.hkkk.fi/Workshop2006/Aug29/Uusitalo,%20Open%20Innovation Yahoo Finance. (2007). Historical Prices for MOTOROLA INC. Retrieved April 2, 2007, from Retrieved April 1, 2007, from http://finance.yahoo.com/q/hp?s=NOK&a=03&b=25&c=1995& Yahoo Finance. (2007). Historical Prices for Sprint Nextel. Retrieved April 3, 2007, from Retrieved April 3, 2007, from http://finance.yahoo.com/q/is?s=NOK&annual In Considering the means, not just the end, at Nokia. Retrieved March/April, 2007, from Business Source Premier database: http://search.ebscohost.com/

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