most important points
Nokia Stock | From the bitter failure to shatter the success of 2021, we review the history of Nokia and expectations for the tremendous rise of the stock market
Nokia Stock /A brief history of Nokia
Who among us did not refrain from disturbing the sales of Nokia mobile phones before 2010.
We almost didn’t know the meaning of a mobile except through Nokia, and we didn’t know the phone with the camera except through Nokia
It used to acquire 50% of the total market
The beginnings of Nokia/Nokia Stock
In 1865, the engineer Frederick Easton established a paper mill in Finland, then established another factory in the village of Nokia in the city of Tampere.
And in 1967, he entered the field of (televisions – car tires – telephone cables and communications equipment)
Enter the world of communication /Nokia Stock
In 1979 the first wireless communication device for cars was issued, and the reason for using it in cars was only because its weight was up to 10 kg, in partnership with the Finnish company Salora
1984 The first Mobira Talkman device was manufactured, and it weighed 5 kg
Wider fame in the world/Nokia Stock
In 1987 the first portable wireless device, the Mobira Cityman, will be manufactured
Its price was $ 5,456 at the time. This device caused widespread fame to the company due to a procedure
Russian President Mikhail Gorbachev made his first telephone call, called the Gorba phone
A significant decline in the market in 1988/Nokia Stock
In that year, the CEO of Nokia committed suicide due to the great effort and pressure on him
The cause of the market collapse was the recession that afflicted Finland and some European countries at that time
In the late eighties and the collapse of the Soviet Union, Nokia was divided into six companies, all companies were sold, and the telecommunications and mobile devices company was kept.
The beginning of the launch and the achievement of the global brand of Nokia for mobile phones/Nokia Stock
1991 Nokia managed to make its first call using GSM networks
In 1992, the first Nokia mobile, No. 1011, came out, and the small handset began, until 2010
Causes of the collapse and exit from the market
In 2008, the Android operating system and the Apple operating system began to appear.
And Microsoft was competing with the two systems, although Nokia had its own system
And because of the bureaucracy and arrogance of the managers and according to what was mentioned in the research presented by several employees
Inside the Nokia, company to find out the causes of the collapse
They reported that obstinacy and arrogance was some of the most important reasons for not using the Android system
But Nokia began changing its policy and agreed with Microsoft to use its own system
(Windows Phone) that 2011
And the failure of that system failed, which forced Nokia to sell the company to Microsoft and finally exited the market for mobile phones.
Nokia’s return to the stock market (Nokia stocks)
The area in which I put that brand and brand back again is that it works in the field of infrastructure for the fifth generation
Nokia announced that it can get 3 euros for anyone using the 5G network
Here comes the launch again for Nokia
Nokia is a giant with a lot of gadgets, but when it had the top
Because of obstinacy, bureaucracy, and sterility in taking the appropriate decision
One of the most important reasons for dissociation, we learn from this that good management is always listening to your subordinates
Leave the room for innovation, do not let them be discouraged