From Paper to Phones
Nokia was founded in 1865 as a pulp and paper mill in Finland. By the 20th century, it expanded into rubber, cables, and electronics. In the 1970s, it entered the telecommunications industry, developing network equipment and early mobile technologies.
The Rise of Mobile Phones
In 1982, Nokia introduced the first car phone for Nordic networks. By the 1990s, it focused on mobile phones, launching the Nokia 1011, the first mass-produced GSM phone, in 1992. The 3310, released in 2000, became known for its durability. Nokia led the industry, holding over 40% of the market by 2007.
Challenges and Decline
Despite early smartphone success with Symbian OS, Nokia struggled with iPhone and Android competition. In 2011, it partnered with Microsoft, shifting to Windows Phone, but sales declined. In 2014, Nokia sold its mobile division to Microsoft for $7.2 billion.
A New Direction
Nokia exited the mobile phone business but remained in network infrastructure. In 2016, HMD Global licensed the Nokia name, launching new smartphones under the brand.
Nokia was founded in 1865 as a pulp and paper mill in Finland. By the 20th century, it expanded into rubber, cables, and electronics. In the 1970s, it entered the telecommunications industry, developing network equipment and early mobile technologies.🧵👇 pic.twitter.com/R4tJnNE8Kf
— Detective Tiger's Stories (@TigerDetective) February 14, 2025