Nokia Corporation

News and overview for Nokia Corporation

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Company Overview


Company: Nokia Corporation
Industry: Wireless Telephone Handsets
Website: http://www.nokia.com

Wireless wizard Nokia continues to cast a spell on the mobile phone market. The company is the world's #1 maker of cell phones, ahead of such rivals as Motorola and Samsung. Nokia is also aiming for the top of the mobile Internet market. Its business is divided primarily into four divisions: devices (mobile device manufacturing); services (multimedia Internet services); market and solutions (R&D, sales, and distribution); and NAVTEQ (digital map data and content). Nokia's wireless network products business is operated in partnership with Munich-based Siemens as Nokia Siemens Networks; the joint venture is the #3 player in the wireless networking equipment market, behind Ericsson and Alcatel-Lucent.


Key Numbers

Sales in U.S. Dollars (mil.) 71,475.703 (2008)
One-year % Growth in Sales -4.9 (2008)
Net Income in U.S. Dollars (mil.) 5,621.1 (2008)
One-year % Growth in Net Income -47.0 (2008)
Number of Employees 125,829 (2008)
One-year % Growth in Number of Employees 25.2 (2008)
Fiscal Year-End December