Nokia will not re-introduce traditional phone. Before 2007, Nokia has been a leader in the mobile phone market, but Apple in 2007 launched iPhone which has changed the overall market choice. The following year, Nokia’s profit declined significantly. By 2012, Nokia had operating losses appear. Subsequently, with $ 2.2 billion acquisition of Nokia Siemens joint venture held a stake in NSN, decided to shift the focus of the network equipment business. By the end of 2013, Nokia’s mobile phone business will be sold to Microsoft. Over the past 10 years, Nokia’s American depositary shares fell by more than half.
Also Read: This Magic App Controls Your Connected Objects From SmartPhone
April 2015, Nokia announced the acquisition of Alcatel-Lucent. The deal is expected to be completed in early 2016, and after the completion of the acquisition of Nokia’s share of the global network equipment market is expected to reach 35%, higher than 20% of Huawei, but still less than 40% of Ericsson. After the deal, Nokia’s mobile service will integrate Alcatel-Lucent’s fixed-line business, to gain certain advantages in competition with Ericsson.Nokia to Re-Established, Rising in Market Shares?
Also Read: This Magic App Controls Your Connected Objects From SmartPhoneApril 2015, Nokia announced the acquisition of Alcatel-Lucent. The deal is expected to be completed in early 2016, and after the completion of the acquisition of Nokia’s share of the global network equipment market is expected to reach 35%, higher than 20% of Huawei, but still less than 40% of Ericsson. After the deal, Nokia’s mobile service will integrate Alcatel-Lucent’s fixed-line business, to gain certain advantages in competition with Ericsson.Nokia to Re-Established, Rising in Market Shares?
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