Nokia officially posted on social platforms today to celebrate the company's 160th anniversary.It is reported that Nokia was founded in 1865. It initially focused on logging and papermaking. Later, its business gradually expanded to rubber shoes, tires, cables and other fields, and finally made brilliant achievements in the fields of mobile phones and personal communication equipment.
In 1997, Nokia defeated Motorola to become the global mobile phone leader, and has retained the sales title for 14 consecutive years since that year.
In 2000, during its glory days, Nokia had a market value of nearly US$250 billion (approximately 1.81 trillion yuan at the current exchange rate), and its market value was second only to McDonald's and Coca-Cola.
However, with the advent of the smartphone era and the rise of the Apple iPhone and Android camps, Nokia gradually lost its market dominance.
In 2011, Nokia lost its position as the world's No. 1 mobile phone seller. Later, it cooperated with Microsoft to adopt the Windows Phone system, but failed to reverse the decline.
In 2013, Microsoft acquired Nokia's mobile phone manufacturing, equipment and services business for 5.44 billion euros.
In 2014, the Nokia mobile phone brand officially came to an end.
In 2016, Nokia reached a cooperation with HMD Global Oy, granting it exclusive global patent rights, and subsequently launched many Nokia mobile phones.
This authorization will end in March 2026. HMD has begun to launch its own brand mobile phones. This time Nokia will completely disappear from the mobile phone market.
However, the Nokia brand has not disappeared. It is still a giant company in the communications industry, occupying an important position in the global 5G equipment market, providing 5G base stations and other equipment to many operators around the world, and helping operators build 5G networks.
In addition, it also has a huge patent portfolio covering 2G-5G and other fields. It can earn huge revenue every year by relying on patent fees alone.