Profile: Nokia Oyj (NOK.N)
24 Oct 2014
Nokia Corporation, incorporated on December 19, 1896, invests in technological devices. The Company is focused on three businesses: network infrastructure software, hardware and services, which it offers through Networks; location intelligence, which the Company provides through HERE, and advanced technology development and licensing, which the Company pursues through Technologies. Networks are a specialist in mobile broadband. HERE is engaged in mapping and location intelligence business. Through Technologies, the Company will invest in the development of its portfolio. This will include expanding its successful IP licensing program. In April 2014, the Company announced that it has completed the sale of substantially all of its Devices & Services business to Microsoft. In June 2014, the Company acquired Mesaplexx Pty Ltd. In June 2014, Inventergy Global Inc. acquired patent portfolio from Nokia. The portfolio includes 16 patent families comprised of 77 patents and patent applications pertaining to IP Multimedia Subsystems (IMS).
A network has two business units: Mobile Broadband and Global Services. The Mobile Broadband business unit provides flexible and adaptable network solutions for mobile voice and data services through its Radio and Core businesses. The Radio business covers all generations of the technology: Global System for Mobile Communications (GSM), Code Division Multiple Access (CDMA), Wideband Code Division Multiple Access (WCDMA), and Long-Term Evolution (LTE). The Core product portfolio includes a mobile switching portfolio and voice and packet core solutions, as well as Smartphone-friendly Liquid software providing a high level of network capacity and performance. The Global Services business unit provides mobile operators with a broad range of services. Within the Managed Services business, Networks takes the responsibility for running a range of services for operators, from network operations to service operations, which enables operators to manage service life-cycles efficiently and enhance their customers’ experience.
HERE offer a maps and location experiences across multiple screens and operating systems. The Company’s maps can be found in four out of five cars in North America and Europe with integrated in-dash navigation. The Company also power mobile devices, connected devices and enterprise solutions. The Company offers maps for 196 countries, voice guided navigation in 97 countries in more than 50 languages and live traffic information for 41 countries.
The Technologies segment develops technologies, which are primary in the programmable world. The Company’s Technologies business has created and shaped fundamental technologies used in all mobile products and in multiple wireless communications technologies. The Company manages a portfolio with approximately 10 000 patent families comprising of around 30 000 individual patents and patent applications.
The Company competes with Ericsson, Alcatel-Lucent, Huawei, ZTE, Samsung Electronics, Cisco Systems, Oracle, NEC, TomTom, Google and Apple Inc.