It once sold two out of every five phones on Earth: How a company that started by making rubber boots became a global phone icon before losing it all in just seven years
With its groundbreaking products, Nokia ruled the global mobile market for years, driven by efficient industrial logistics and far-reaching distribution. However, internal anxiety and limited communication led to several missteps. The arrival of the iPhone and Android revolutionized the landscape, shifting attention to software ecosystems. Ultimately, Nokia's mobile phone business was acquired by Microsoft, marking a pivotal change in its trajectory.
With its groundbreaking products, Nokia ruled the global mobile market for years, driven by efficient industrial logistics and far-reaching distribution. However, internal anxiety and limited communication led to several missteps. The arrival of the iPhone and Android revolutionized the landscape, shifting attention to software ecosystems. Ultimately, Nokia's mobile phone business was acquired by Microsoft, marking a pivotal change in its trajectory.
