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Nokia Corporation

Nokia Corporation, commonly known as Nokia, is a Finnish multinational telecommunications, information technology, and consumer electronics company. Nokia is best known for its extensive range of smartphones and mobile devices, which have played a significant role in shaping the mobile industry. Offering a blend of innovative technology and user-friendly design, Nokia's smartphones cater to various market segments from budget-friendly models to high-end devices powered by advanced hardware and software.

From its humble beginnings as a paper mill in 1865, Nokia transformed into a telecommunications giant by the late 20th century. The company was a dominant force in the mobile phone industry during the 1990s and early 2000s, introducing iconic handsets like the Nokia 3310 and the first GSM phone. Despite facing a challenging period due to the rise of smartphones by competitors like Apple and Android pioneers, Nokia reinvented itself by partnering with Microsoft to launch Lumia smartphones and later adopting Android technology.

Key achievements include pioneering developments in GSM, launching the highly successful Nokia 1100 with over 250 million units sold, and reentering the smartphone market with renewed vigor under HMD Global's stewardship in 2016. Nokia's influence on mobile technology remains profound, with a legacy characterized by innovation, durability, and exceptional build quality.

Today, Nokia retains a reputable standing in the global market, known for its robust and reliable devices. Although it does not lead the smartphone market, it maintains a loyal customer base and continues to impact the telecommunications industry with ventures in 5G infrastructure and network solutions.

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