Read more Wikipedia. How they do it: Nokia digitized multiple products and services in their role as one of the most popular mobile phone and smartphone company in the early s. Further examples include the mobile music platform Nokia Music Store which allowed phone users to download music on their devices. In addition they have a great battery live. How they do it: Nokia is observing how mobile phones are used by customers in Africa and India and then incorporate those learnings for new products they introduce in the developed markets. One example is a dust and moisture proof, highly durable phone which was a great success in emerging markets and then inspired a similar version for developed markets.
Best Nokia phones: Compare Nokia smartphone models | Finder
The Finnish company subsequently focused on growing its Nokia Networks business, which sells telecom equipment to carriers. Nokia bought its rival Alcatel-Lucent in to expand that business and become the world's second-largest telecom equipment company. Nokia's own phones also returned to the market in , after Microsoft transferred its handset assets to a new company called HMD Global. HMD now produces all Nokia-branded phones, and Nokia's smaller Nokia Technologies unit earns royalties and licensing fees from the deal.
Nokia CEO Reveals Plans to Re-Enter Mobile Phone Business
By Noah Manskar. March 16, am Updated March 16, am. Nokia on Tuesday said it plans to slash up to 10, jobs over the next two years as it forges ahead with a corporate restructuring.
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