What Occurred To Nokia? The Rise And Fall Of A Tech Large

It might shock some to study that Nokia did not even begin as a tech firm in any respect. Established in 1865 in Finland, Nokia began as a pulp mill for paper manufacturing. Named after the city during which it was based mostly, the corporate partnered with native corporations, like Finnish Cable Works, because it expanded its operations.

Ultimately, it merged with Finnish Cable Works and Finnish Rubber Works to type the Nokia Company. It could go on to enter and grow to be a significant factor within the electronics trade by the Nineteen Seventies. Whereas it nonetheless retained its different enterprise strains, it might be largely identified for its cellphones. In the end, it might begin to divest cash into its rubber and paper operations and focus solely on tech and telephones.

Nokia started its journey within the cell phone market within the Eighties because it went on a string of acquisitions to solidify its place as a number one international tech agency. With acquisitions of Salora, Mobria, and the Info Techniques division of Ericsson, the corporate was rapidly on its method to producing its first cell phone. This might be the 1982 Mobria Senator automobile telephone, which might go on to affect designs for telephones that we use to today.