Nokia Corporation (Finnish pronunciation: [ˈnɔkiɑ]) (OMX: NOK1V, NYSE: NOK,FWB: NOA3) is

a Finnish multinational communications corporation that is headquartered inKeilaniemi, Espoo, a

city neighbouring Finland's capital Helsinki.[2] Nokia is engaged in the manufacturing of mobile
devices and in converging Internet and communications industries, with over 132,000 employees
in 120 countries, sales in more than 150 countries and global annual revenue of over €42 billion
and operating profit of €2 billion as of 2010.[1] It is the world's largest manufacturer of mobile
phones: its global device market share was 31% in the fourth quarter 2010, up from an estimated
30% in third quarter of 2010 but down from an estimated 35% in the fourth quarter of 2009.
Nokia's estimated share of the converged mobile device market was 31% in the fourth quarter,
compared with 38% in the third quarter 2010.[1] Nokia produces mobile devices for every
major market segment and protocol, including GSM, CDMA, and W-CDMA(UMTS). Nokia offers
Internet services such as applications, games, music, maps, media andmessaging through
its Ovi platform. Nokia's subsidiary Nokia Siemens Networks producestelecommunications
network equipment, solutions and services.[3] Nokia is also engaged in providing free digital map
information and navigation services through its wholly owned subsidiaryNavteq.[4] Nokia also has
greater dependency on England based company duo namely SymbianCorporation for its mobile
operating systems and OVI for its mobile based application softwaredevelopment and distribution,
which has made Nokia as highest selling mobile phone vendor within the last few years.

Nokia has sites for research and development, manufacture and sales in many countries
throughout the world. As of December 2010, Nokia had R&D presence in 16 countries and
employed 35,870 people in research and development, representing approximately 27% of the
group's total workforce.[1] The Nokia Research Center, founded in 1986, is Nokia's industrial
research unit consisting of about 500 researchers, engineers and scientists.[5][6] It has sites in
seven countries: Finland, China, India, Kenya, Switzerland, the United Kingdom and the United
States.[7] Besides its research centers, in 2001 Nokia founded (and owns) INdT – Nokia Institute
of Technology, a R&D institute located in Brazil.[8] Nokia operates a total of 9 manufacturing
facilities[9] located at Salo, Finland; Manaus, Brazil; Cluj, Romania; Beijing and Dongguan ,
China; Komárom, Hungary; Chennai, India; Reynosa, Mexico; and Masan, South Korea.[10]
[11]
Nokia's industrial design department is headquartered in Soho in London, UK with significant
satellite offices in Helsinki, Finland and Calabasas, California in the USA.

Nokia is a public limited liability company listed on the Helsinki, Frankfurt, and New York stock
exchanges.[9] Nokia plays a very large role in the economy of Finland; it is by far the
largestFinnish company, accounting for about a third of the market capitalization of the Helsinki
Stock Exchange (OMX Helsinki) as of 2007, a unique situation for an industrialized country.[12] It is
an important employer in Finland and several small companies have grown into large ones as
itspartners and subcontractors.[13] Nokia increased Finland's GDP by more than 1.5% in 1999
alone. In 2004 Nokia's share of the Finnish GDP was 3.5% and accounted for almost a quarter of
Finland's exports in 2003.[14]

In recent years, Finns have consistently ranked Nokia as one of the best Finnish brands. In 2008,
it was the 27th most respected brand among Finns, down from sixth place in 2007.[15] The
Nokia brand, valued at $29.5 billion, is listed as the eight most valuable global brand in
theInterbrand/BusinessWeek Best Global Brands list of 2010 (first non-US company).[16][17] It is the
number one brand in Asia (as of 2007)[18] and Europe (as of 2009),[19] the 41st most admirable
company worldwide in Fortune's World's Most Admired Companies list of 2010 (third in Network
and Other Communications Equipment, seventh non-US company),[20] and the world's 120th
largest company as measured by revenue in Fortune Global 500 list of 2010.[21] As of 2010, AMR
Research ranks Nokia's global supply chain number nineteen in the world.[22] In July 2010, Nokia
announced that their profits had dropped 40%.[23] In the globalsmartphone rivalry, Nokia
dominates the worldwide mobile markets, but remains fragile in the United States.[24][25][26]

On 11 February 2011, Nokia announced a partnership with Microsoft which will mean most future
Nokia smart phones will be powered by theWindows Phone 7 operating system.