multinational corporation noca was established in finland in 1865. once upon a time nokia was the biggest
mobile company in the
world but now it's almost now here
so what happened what
was the reason behind nokia's downfall
to understand this first we must know how nokia became such a
huge and famous brand bought
a telephonic company named mobora
at first they made a
telephone handset device nokia introduced its first car phone in
1982. it was known as
the nokia mobora senator
it weighed a massive 10
kilograms
in 1984 they made nokia
over a talkman it was said to be the first
transportable phone it
could be used in and out of the car
it weighed five
kilograms in 1987 nokia
shocked the whole world
with nokia over a city man
a phone which was
lighter than the previous ones
and you could use it
anywhere it weighed
800 grams only the
mobora cityman was a huge hit
nokia became world
famous with this product
harry ho kerry was the
prime minister of finland in 1991.
he made the first ever
gsm call in history through a nokia mobile
in 1992 they made the
nokia 1011.
the mobile was a huge
hit throughout europe and the us
their best-selling
phones of 2100 series were launched in 1994.
the first feature phone
nokia expected to sell 1 million units of the phone
but they sold 20 million
instead nokia crossed its expectations
but nokia had done a big
mistake they misjudged the market in 1990 nokia had predicted that there would
be
40 million mobile users
worldwide by 1999 but they were wrong there were 250
million mobile users in
1999 instead but still nokia managed to beat motorola
and became the most
dominating company in the mobile market
nokia captured almost 25 of the global
market all the models
created by nokia topped the sales chart
nokia kept innovating
their designs and
features from 2003 to
2005 nokia 1100 and nokia 1110
was nokia's best-selling
mobile soon nokia captured 70 market share in
asia but nokia failed in
one thing that was adapting to the progress of the
market by the end of
2010s
ios and android was
introduced in us
