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Nokia


Nokia is the No. 1 mobile phone maker in the world, capturing some 40 percent of the market share.

Headquartered in Espoo, Finland, the company was founded in 1865 with roots in paper, rubber and cables. It has 123,006 employees and is placed 88th in the 2008 Fortune Global 500 list.

Nokia makes a wide range of mobile devices, as well as provides equipment and services for communications networks through Nokia Siemens Networks, its joint venture with Siemens.

In November, Japanese daily Yomiuri Shimbun reported that Nokia plans to roll out mobile phone services in Japan in the spring of 2009, and is expected to rent lines from NTT Docomo.

For its fiscal third quarter that ended Sep. 30, the Finnish handset giant reported a 30 percent year-on-year dip in profits to 1.09 billion euros (US$1.46 billion). It has also downgraded its outlook for the fourth quarter of 2008, and revised its shipments forecast for the entire year from 1.26 billion units to 1.24 billion.

This company is listed in Systems, Networking & Communications.



Financials
Fiscal year-end December FY08 FY07 FY06 FY05 FY04
Global revenue (US$millions) — 74,290.7 54,283.2 40,550.7 39,372.7
Global full-year net income (US$millions) — 9,815.6 5,763.5 4,376.4 4,368.8
Average year-on-year revenue growth over 4 years 24.57%
Average year-on-year net income growth over 4 years 34.06%
Percentage of revenue from Asia (including Japan/Korea) 22%

Operations
Founded 1865 Finland
First Asian office 1998 Singapore
Global employees 123,006
Global employees in Asia —
Asian economies: Total 10 China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand, Vietnam

* Data correct as of October 2008. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites and financial news sites. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

ZDNet Asia Top Tech categories
Systems  |   Networking and communications  |   Storage management  |   Security  |   Software infrastructure  |  
Services  |   Business applications  |   Internet services  |  


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