Nokia Nature of Business
INTRODUCTION
Nokia's history spans more than a hundred years and contains many stories, events and milestones brought about by the many twists and turns of the world history and industrialization. After the 1966-67 mergers, Nokia defined its main businesses to be rubber, cable, forestry industry, electricity generation and electronics. 20 years on, the company had added chemicals, floor coverings and TV sets to the aforementioned businesses.
The electronics business started in the 60s when the Finnish Cable Works expanded its business to the sales and manufacture of computers. The businesses of the Electronics Department established in 1960 initially included the sales of mainframe computers, operation of the computer center and industrial electronics. In addition to selling third-party equipment and running the computer center, the department also started its own manufacture of digital devices.
The Electronics Department was divided into two sections: one focused on selling third-party hardware and running the computer center, while the other was engaged in R&D and the manufacture of its own designs
CABLE WORKS TO COMPUTERS
Nokia's computer business plays an important role in its history. The origins of the business can actually be traced back to the Electronics Department of the Finnish Cable Works in the 60s. The department supplied the industry as well as banks with mainframe computers and maintained a computer center to cater for the increasing IT demand of trade and administration.
The computer center was also an important element in introducing computer technology to the company. The department trained people for computing jobs, and it was often referred to as "the Salmisaari Academy". Originally, Nokia only supplied third-party computer products, but gradually, it started to produce its own. Information technology is closely associated with electronics, and understanding the historical origin of one helps understand the other.
MOBILE PHONES AND NETWORKS
Nokia's history spans more than a hundred years and contains many stories, events and milestones brought about by the many twists and turns of the world history and industrialization. After the 1966-67 mergers, Nokia defined its main businesses to be rubber, cable, forestry industry, electricity generation and electronics. 20 years on, the company had added chemicals, floor coverings and TV sets to the aforementioned businesses.
The electronics business started in the 60s when the Finnish Cable Works expanded its business to the sales and manufacture of computers. The businesses of the Electronics Department established in 1960 initially included the sales of mainframe computers, operation of the computer center and industrial electronics. In addition to selling third-party equipment and running the computer center, the department also started its own manufacture of digital devices.
The Electronics Department was divided into two sections: one focused on selling third-party hardware and running the computer center, while the other was engaged in R&D and the manufacture of its own designs
CABLE WORKS TO COMPUTERS
Nokia's computer business plays an important role in its history. The origins of the business can actually be traced back to the Electronics Department of the Finnish Cable Works in the 60s. The department supplied the industry as well as banks with mainframe computers and maintained a computer center to cater for the increasing IT demand of trade and administration.
The computer center was also an important element in introducing computer technology to the company. The department trained people for computing jobs, and it was often referred to as "the Salmisaari Academy". Originally, Nokia only supplied third-party computer products, but gradually, it started to produce its own. Information technology is closely associated with electronics, and understanding the historical origin of one helps understand the other.
MOBILE PHONES AND NETWORKS
References: • http://www.3gnewsroom.com/3g_news/sep_03/news_3710.shtml • Microsoft Tie Up, http://news.bbc.co.uk/1/hi/business/4264161.stm • Mobile market shrink, http://news.bbc.co.uk/1/hi/business/3896251.stm • Nokia 's battle to stay number one, http://news.bbc.co.uk/1/hi/business/4257999.stm • Nokia 's marketing strategy, http://moneycentral.msn.com/articles/invest/company/2712.asp?printer • China Coverage on Nokia, http://www.cityweekend.com.cn/en/beijing/cib/2005_05 • The fall and rise of Nokia, http://www.fool.com/news/commentary/2005/commentary05042808.htm