nokia corporation
TRANSCRIPT
NOKIA corporationTHE BIG FALLPRESENTED BY THE A10 SOP SIMI | SRUTHI | SUBIN | THEERTHA | TINKU | TINU
NOKIA, the beginning
Set up by Finnish Engineer Fredrik Idestam
initially as a wood pulp mill in Southern Finland in 1865
Name derived from Nokianvirta river
Rubber, televisions, wood products, etc
Nokia Communication
1960 : Finnish govt. wanted radio communication
1980’s mass production
1988-’89 : crisis –- change in management -– only
mobile division
1990’s golden period
How big was Nokia
1990 : more innovations 1992 : Nokia 1011 – first GSM digital phone 1996 : 9000 communicator introduced 1998: Symbian OS introduced 2003 : ngage introduced 2005 : No.1 digital camera brand
Nokia’s mistakes
2003 : introduction of ngage
2004 : razorflip from Motorola
Stayed back focusing traditional mobile
2007 : iphone introduced
Nokia’s mistakes
Android introduced
Nokia was Slow in decision making
Internal conflict between software developers
Management issues
Top management overload
2. Separation of units at the top management level
3. Sole individual at top management being responsible for technology
Failed attempts
Stephen elop took over nokia
5 billion euros in research
N8 introduced
2011: Plans to use Windows OS
Failed attempts
2013 : Lumia 925
Lumia 1020 – 41 megapixel camera
115 million euros in loss
Microsoft merger
3rd September 2013
$ 6.10 billion
2014 nokia brand was changed to Microsoft
Conclusion
“
”Being the first idea never gives a commercial success!
BUT IF YOU DO RIGHT YOU CAN DO BIG
Thank You