Why did Nokia fail?

According to the book major reasons for Nokia’s decline include a pervasive bureaucracy leading to an inability to act, destructive internal competition and the failure to realize the importance of lifestyle products like the iPhone .

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Are Nokia phones still made?

The Nokia brand returned to the mobile and smartphone market in 2016 through a licensing arrangement with HMD Global. Nokia continues to be a major patent licensor for most large mobile phone vendors. As of 2018, Nokia is the world’s third-largest network equipment manufacturer.

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Who owns the Nokia?

In 2014 Nokia sold its mobile and devices division to Microsoft . The creation of Nokia Networks, following the buy-out of joint-venture partner Siemens in 2013, laid the foundation for Nokia’s transformation into primarily a network hardware and software provider.

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