You will be amazed how Nokia survived despite all the challenges!
- May 9, 2024
- 0
What goes on in your mind when you start reading the article? nostalgic ringtone Do you hear it too? Yes, this is Nokia’s signature. But how come Nokia
What goes on in your mind when you start reading the article? nostalgic ringtone Do you hear it too? Yes, this is Nokia’s signature.
But how come Nokia for all these difficulties Even though it is still with us?
Nokia initially controlled more than half of the global mobile phone market.
For Nokia year 2007 It was both the peak year and the beginning of the collapse. With the launch of the iPhone However, it gradually started to lose its market leadership.
Own operating systems Symbian Although they tried to make a difference with projects like the Linux-based Mamo, which they later developed, these systems were not sufficiently adopted by users and developers.
Nokia’s strategy based on hardware, about software and branding causing them to fall behind.
The partnership with Microsoft in 2010 was one of Nokia’s last efforts.
Rather than solving Nokia’s fundamental problems, this partnership is a solution made them deeper. The Windows Mobile operating system did not provide the expected solution and was inadequate in terms of hardware.
Microsoft buys Nokia’s telephone division to $7.2 billion After buying it, he wrote off this investment as a total loss, leaving Nokia’s phone manufacturing division alone for $350 million sold.
It seemed that Microsoft’s termination of the partnership and Nokia’s sale of its phone division could mean the end of the brand, but it didn’t happen that way.
After selling its telephone division, Nokia focused its resources on its network telecommunications business. In this way, Through groundbreaking 5G technology strengthened its position in the sector.
Nokia returned to the Fortune 500 list in 2017 and is in the telecom equipment space the third largest producer in the world happened.
A group of former Nokia executives wanted to revive the Nokia brand under the name “HMD Global”.
In collaboration with Google, they started producing phones with Android operating system. Approximately in 2021 3 million smartphone sales With this they made a small but successful comeback.
New Nokia phones equipped with Android operating system small but profitable In some of them he managed to find a place for himself.
However, with the statement it has made in recent months, HMD Global has now done just that will not use the Nokia brand Announced.
Do you think Nokia, which is constantly on the verge of bankruptcy, will be able to survive this situation and sustain itself?
Source: Logical Answer, slidebean
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Emma Ortiz is a gadget expert and author at Div Bracket. She provides in-depth coverage of the latest and greatest in consumer technology, offering readers an inside look at the latest trends and innovations in the world of gadgets.
