Nokia Corporation, known natively as Nokia Oyj in Finnish and Nokia Abp in Swedish, is a Finnish multinational telecommunications, information technology, and consumer electronics corporation. Originally established as a pulp mill in 1865, Nokia's main headquarters are located in Espoo, Finland, within the Helsinki metropolitan area, though its roots are in the Tampere region of Pirkanmaa.
In 2020, Nokia employed approximately 92,000 people across over 100 countries, conducted business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on both the Nasdaq Helsinki and the New York Stock Exchange. According to the Fortune Global 500, it was the world's 415th-largest company by 2016 revenues, having peaked at 85th place in 2009. Nokia is also a component of the Euro Stoxx 50 stock market index.
Over its 150-year history, Nokia has operated in various industries. It started as a pulp mill and was long associated with rubber and cables, but since the 1990s, it has focused on large-scale telecommunications infrastructure, technology development, and licensing. Nokia made significant contributions to the mobile telephony industry, aiding in the development of the GSM, 3G, and LTE standards. From 1998 for a decade, Nokia was the largest worldwide vendor of mobile phones and smartphones. However, in the later 2000s, the company suffered from a series of poor management decisions, leading to a sharp decline in its market share in the mobile phone industry
