Nokia Corporation (OMX: NOK1V, NYSE: NOK, FWB: NOA3) is currently the world’s largest manufacturer of mobile telephones, with a global market share of approximately 36% in Q1 of 2007.[1] It produces mobile phones for every major market and protocol, including GSM, CDMA, and W-CDMA (UMTS).

The corporation also produces telecommunications network equipment for applications such as mobile and fixed-line voice telephony, ISDN, broadband access, voice over IP, and wireless LAN.

Nokia’s headquarters are in Espoo, a neighbouring city of Helsinki, Finland, but it has R&D, manufacturing, and sales representation sites in many continents throughout the world. Nokia Research Center, the corporation’s industrial research laboratories, has sites in Athens, Helsinki, Tampere, Oulu, Tokyo, Beijing, Budapest, Ulm, Bochum, Palo Alto, California, Bangalore, Reynosa, and Cambridge, Massachusetts, USA. Major production factories are located at Salo Finland, Dongguan China, Chennai India, Komárom Hungary and Ruhr region at Germany. In March 2007 Nokia signed a memorandum with Cluj-Napoca City Council, Romania to open a new plant near the city [3] [4] [5], in Jucu commune. So far Nokia Design Departure has stayed at Salo Finland.

Nokia is by far the largest Finnish company, accounting for about half of the market capitalization of the Helsinki Stock Exchange (OMX Helsinki); a unique situation for an industrialized country. It also plays a very large role in the economy of Finland, and Finns have ranked it many times as the best Finnish brand and employer.

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