Home > Terms > English (EN) > Nokia

Nokia

Nokia Oyj is a Finnish communications and information technology multinational corporation that is headquartered in Espoo, Finland.The company provides Internet services, including applications, games, music, media and messaging services, including free-of-charge digital map information and navigation services delivered through its wholly owned subsidiary HERE.Its Nokia Solutions and Networks subsidiary provides telecommunications network equipment and services.

As of 2013, Nokia employed 90,000 people across 120 countries, conducts sales in more than 150 countries and reported annual revenues of around €12.7 billion.Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange.It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.

In September 2013, Nokia sold what was once the world's largest vendor of mobile phones to Microsoft as part of an overall deal totaling €5.44 billion (US$7.17 billion). Stephen Elop, Nokia's former CEO, and several other executives joined the new Microsoft Mobile subsidiary of Microsoft as part of the deal, which closed on 25 April 2014.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Billy Morgan

Sports; Snowboarding

British snowboarder Billy Morgan has landed the sport’s first ever 1800 quadruple cork. The rider, who represented Great Britain at the 2014 Winter Olympics in Sochi, was in Livigno, Italy, when he achieved the manoeuvre. It involves flipping four times, while the body also spins five complete rotations on a sideways or downward-facing axis. The trick had ...

Marzieh Afkham

Broadcasting & receiving; News

Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east Asia, the state news agency reported. It is not clear to which country she will be posted as her appointment has yet to be announced officially. Afkham will only be the second female ambassador Iran has had. Under the last shah’s rule, Mehrangiz Dolatshahi, a ...

Weekly Packet

Language; Online services; Slang; Internet

Weekly Packet or "Paquete Semanal" as it is known in Cuba is a term used by Cubans to describe the information that is gathered from the internet outside of Cuba and saved onto hard drives to be transported into Cuba itself. Weekly Packets are then sold to Cuban's without internet access, allowing them to obtain information just days - and sometimes hours - after it ...

Asian Infrastructure Investment Bank (AIIB)

Banking; Investment banking

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution established to address the need in Asia for infrastructure development. According to the Asian Development Bank, Asia needs $800 billion each year for roads, ports, power plants or other infrastructure projects before 2020. Originally proposed by China in 2013, a signing ...

Spartan

Online services; Internet

Spartan is the codename given to the new Microsoft Windows 10 browser that will replace Microsoft Windows Internet Explorer. The new browser will be built from the ground up and disregard any code from the IE platform. It has a new rendering engine that is built to be compatible with how the web is written today. The name Spartan is named after the ...

Featured Terms

Sinji Ono
  • 25

    Terms

  • 4

    Blossaries

  • 7

    Followers

Industry/Domain: Architecture Category: General architecture

Nakagin Capsule Tower

The Nakagin Capsule Tower is a mixed-use residential and office tower designed by architect Kisho Kurokawa and located in Shimbashi, Tokyo, ...

Contributors in Mobile communications

Featured blossaries

Options Terms and Definitions

Category: Business   1 20 Terms

Microsoft

Category: Animals   3 6 Terms