The Dissolving Corporation
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Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010
Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010 Key data ........................................................................................................................................................................... 2 Review by the Board of Directors 2010 ................................................................................................................ 3 Annual Accounts 2010 Consolidated income statements, IFRS ................................................................................................................ 16 Consolidated statements of comprehensive income, IFRS ............................................................................. 17 Consolidated statements of financial position, IFRS ........................................................................................ 18 Consolidated statements of cash flows, IFRS ..................................................................................................... 19 Consolidated statements of changes in shareholders’ equity, IFRS ............................................................. 20 Notes to the consolidated financial statements ................................................................................................ 22 Income statements, parent company, FAS .......................................................................................................... 66 Balance sheets, parent company, FAS .................................................................................................................. -
Nokia Disconnected a Corporate History from a Workers’ Perspective
By Cereal , Cividep India, SOMO May 2015 Table of Contents 1. Introduction ................................................................................................... 3 1.1. Methodology ................................................................................................... 3 2. Leading the mobile phone sector (1998-2007) ........................................... 5 2.1. Precarious employment, poor working conditions and relocations ................. 5 3. Decline (2007-2013) ...................................................................................... 8 3.1. Loss of market share and dismissal of workers worldwide ............................. 8 4. Acquisition by Microsoft (2013-2015).......................................................... 12 4.1. Large scale job cuts ........................................................................................ 12 5. Conclusion .................................................................................................... 17 Colophon ................................................................................................................... 18 Nokia Disconnected A corporate history from a workers’ perspective 1. Introduction Nokia is one of the most successful companies of the late 20th and early 21st century. At its peak, the company had over 40% of the mobile phone market share, and its brand was synonymous to mobile technology. Eventually, the company dwindled and was taken over by software giant Microsoft in 2013. The company’s rise and fall illustrates -
Operation Elop
Operation Elop Operation Elop The nal years of Nokia’s mobile phones The little green spy boat seen from the old Nokia House in the Keilalahti bay, Espoo, Finland. Photo by Jari Ijäs on December 8, 2010, with a Nokia C7. On October 8, 2017, Joe Belore of Microsoft casually announced the death of Windows Phone. In a series of tweets he explained that Microsoft will continue to support the Windows Phone (and Windows 10 Mobile) platform but “building new features/hw aren’t the focus”. That was the end of Microsoft’s smartphone endeavor. Fast rewind to 2010. On September 10, 2010, Nokia of Finland replaced its Chief Executive, Olli-Pekka Kallasvuo, who had been at Nokia for 30 years, with 1 Operation Elop Stephen Elop, a 46-year-old native of Ancaster, Ontario, and the head of Microsoft’s business software unit, in a bid to turn around the company’s struggling smartphone lineup and stop a decline in its market share in the U.S. On February 11, 2011, Nokia and Microsoft announced plans for a broad strategic partnership to build a new global mobile ecosystem with Windows Phone. [1] Under the proposed partnership Nokia would adopt Windows Phone as its principal smartphone strategy, and contribute its expertise on hardware design, language support, and help bring Windows Phone to a larger range of price points, market segments, and geographies. On September 2, 2013, Microsoft announced that it would buy Nokia’s Devices and Services business and license its patents for $7.2 billion. Also as part of the deal, Nokia’s CEO Stephen Elop was announced to eventually go back to Microsoft and lead an expanded devices team. -
Nokia Phones: from a Total Success to a Total Fiasco
Portland State University PDXScholar Engineering and Technology Management Faculty Publications and Presentations Engineering and Technology Management 10-8-2018 Nokia Phones: From a Total Success to a Total Fiasco Ahmed Alibage Portland State University Charles Weber Portland State University, [email protected] Follow this and additional works at: https://pdxscholar.library.pdx.edu/etm_fac Part of the Engineering Commons Let us know how access to this document benefits ou.y Citation Details A. Alibage and C. Weber, "Nokia Phones: From a Total Success to a Total Fiasco: A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed," 2018 Portland International Conference on Management of Engineering and Technology (PICMET), Honolulu, HI, 2018, pp. 1-15. This Article is brought to you for free and open access. It has been accepted for inclusion in Engineering and Technology Management Faculty Publications and Presentations by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. 2018 Proceedings of PICMET '18: Technology Management for Interconnected World Nokia Phones: From a Total Success to a Total Fiasco A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed Ahmed Alibage, Charles Weber Dept. of Engineering and Technology Management, Portland State University, Portland, Oregon, USA Abstract—This research intensively reviews and analyzes the management made various strategic changes to take the strategic management of technology at Nokia Corporation. Using company back into its leading position, or at least into a traditional narrative literature review and secondary sources, we position that compensates or reduces the losses incurred since reviewed and analyzed the historical transformation of Nokia’s then. -
Architecture Program Report for 2012 NAAB Visit for Continuing Accreditation
Harvard Graduate School of Design Department of Architecture Architecture Program Report for 2012 NAAB Visit for Continuing Accreditation Master of Architecture Undergraduate degree outside of Architecture + 105 graduate credit hours Related pre-professional degree + 75 graduate credit hours Year of the Previous Visit: 2006 Current Term of Accreditation: At the July 2006 meeting of the National Architectural Accrediting Board (NAAB), the board reviewed the Visiting Team Report for the Harvard University Department of Architecture. As a result, the professional architecture program: Master of Architecture was formally granted a six-year term of accreditation. The accreditation term is effective January 1, 2006. The program is scheduled for its next accreditation visit in 2012. Submitted to: The National Architectural Accrediting Board Date: 14 September 2011 Harvard Graduate School of Design Architecture Program Report September 2011 Program Administrator: Jen Swartout Phone: 617.496.1234 Email: [email protected] Chief administrator for the academic unit in which the program is located (e.g., dean or department chair): Preston Scott Cohen, Chair, Department of Architecture Phone: 617.496.5826 Email: [email protected] Chief Academic Officer of the Institution: Mohsen Mostafavi, Dean Phone: 617.495.4364 Email: [email protected] President of the Institution: Drew Faust Phone: 617.495.1502 Email: [email protected] Individual submitting the Architecture Program Report: Mark Mulligan, Director, Master in Architecture Degree Program Adjunct Associate Professor of Architecture Phone: 617.496.4412 Email: [email protected] Name of individual to whom questions should be directed: Jen Swartout, Program Coordinator Phone: 617.496.1234 Email: [email protected] 2 Harvard Graduate School of Design Architecture Program Report September 2011 Table of Contents Section Page Part One. -
Visualizing the Street
CITIES AND CULTURES Dibazar and Naeff (eds) Visualizing the Street Edited by Pedram Dibazar and Judith Naeff Visualizing the Street New Practices of Documenting, Navigating and Imagining the City Visualizing the Street Cities and Cultures is an interdisciplinary humanities book series addressing the interrelations between contemporary cities and the cultures they produce. The series takes a special interest in the impact of globalization on urban space and cultural production, but remains concerned with all forms of cultural expression and transformation associated with contemporary cities. Series editor: Christoph Lindner, University of Amsterdam Advisory Board: Ackbar Abbas, University of California, Irvine Nezar AlSayyad, University of California, Berkeley Derek Gregory, University of British Colombia Stephanie Hemelryk Donald, University of New South Wales Shirley Jordan, Queen Mary, University of London Geoffrey Kantaris, University of Cambrigde Bill Marshall, University of London Ginette Verstraete, VU University Amsterdam Richard J. Williams, University of Edinburgh Visualizing the Street New Practices of Documenting, Navigating and Imagining the City Edited by Pedram Dibazar and Judith Naeff Amsterdam University Press Cover photo by Pedram Dibazar and Judith Naeff Cover design: Coördesign, Leiden Lay-out: Crius Group, Hulshout isbn 978 94 6298 435 6 e-isbn 978 90 4853 501 9 (pdf) doi 10.5117/9789462984356 nur 670 © P. Dibazar, J.A. Naeff / Amsterdam University Press B.V., Amsterdam 2019 All rights reserved. Without limiting the rights under copyright reserved above, no part of this book may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the written permission of both the copyright owner and the author of the book. -
Apple and Nokia: the Transformation from Products to Services
9 Apple and Nokia: The Transformation from Products to Services In the mid- to late 2000s, Nokia flourished as the world’s dominant mobile phone – and mobile phone operating software – producer. Founded in 1871 originally as a rubber boots manufacturer, by 2007 Nokia produced more than half of all mobile phones sold on the planet, and its Symbian mobile operating system commanded a 65.6 percent global market share. 1 But within half a decade, Nokia would falter and be surpassed in the smartphone market not only by Apple’s revolu- tionary iPhone but also by competitors including Google and Samsung. And in September 2013, Nokia would sell its mobile phone business to Microsoft for $7 billion. 2 Apple literally came out of nowhere – it sold exactly zero mobile phones before the year 2007 (the year Nokia held more than half of the global market share) – but by the first quarter of 2013, Apple had captured almost 40 percent of the US smartphone market and over 50 percent of the operating profit in the global handset industry.3 In fiscal year 2013, Apple would sell five times more smart- phones than Nokia: 150 million iPhones compared to Nokia’s sales of 30 million Lumia Windows phones. 4 In contrast to Nokia, Apple real- ized it wasn’t just about the mobile device itself, it was about leveraging software to create a platform for developing compelling mobile experi- ences – including not just telephony but also music, movies, applica- tions, and computing – and then building a business model that allows partners to make money alongside the company (e.g., Apple’s iTunes and AppStore) and, in so doing, perpetuate a virtuous cycle of making the iPhone attractive to customers over multiple life cycles through ever-ex- panding feature sets. -
Nokia Corporation (Exact Name of Registrant As Specified in Its Charter)
Table of Contents As filed with the Securities and Exchange Commission on March 7, 2013. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 Commission file number 1-13202 Nokia Corporation (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Riikka Tieaho, Vice President, Corporate Legal, Telephone: +358 (0)7 1800-8000, Facsimile: +358 (0) 7 1803-8503 Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Name of each exchange on which registered American Depositary Shares New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: 5.375% Notes due 2019 and 6.625% Notes due 2039 Indicate the number of outstanding shares of each of the registrant’s classes of capital or common stock as of the close of the period covered by the annual report. -
Nokia – the Inside Story Martti Häikiö
Opiskelijakirjaston verkkojulkaisu 2004 Nokia – The Inside Story Martti Häikiö Julkaisija: Edita. Helsinki 2002. Julkaisu: Introduction + Chapter I, s. 13-33. Tämä aineisto on julkaistu verkossa oikeudenhaltijoiden luvalla. Aineistoa ei saa kopioida, levittää tai saattaa muuten yleisön saataviin ilman oikeudenhaltijoiden lupaa. Aineiston verkko-osoitteeseen saa viitata vapaasti. Aineistoa saa opiskelua, opettamista ja tutkimusta varten tulostaa omaan käyttöön muutamia kappaleita. Helsingin yliopiston Opiskelijakirjasto www.opiskelijakirjasto.lib.helsinki.fi [email protected] INTRODUCTION_______________________ Understanding Nokia's explosive growth okia is nothing less than a national institution in Finland because of its contribution to the national economy and its long history, but the keen interest in the company today stems more from its recent N success as Finland's first real world-class corporation. Yet this global role has been achieved so quickly and so quietly that the story of Nokia's rise to world prominence is little understood. Outsiders are fascinated by the Nokia story, as am I, and I shall tell it from my historian's perch in a way that provides a clear and complete record, focussing especially on the past 25 years. In the opening three chapters I attempt to answer some of the most frequently asked questions about the company, with a more detailed account to follow in later chapters. Links are indicated in the text for quick reference to the detailed story. Unlike many other published articles, books and studies of Nokia, this history was made possible in large part by unlimited access to documents in Nokia's files, most of them confidential until now. As a historian and researcher, I have applied academic rigor to these and all other sources of information. -
Nokia in 2014 at Nokia, We’Re Excited by Where Technology Will Lead Us
Nokia in 2014 At Nokia, we’re excited by where technology will lead us. We’re reimagining a world where technology blends into our lives. Technology that works for us, discreetly yet magically in the background, enriching our lives. But for some, this new technology world, where everything and everybody are connected, can be challenging. Fear of intrusion, technology that seems hard to understand or control, and the complexity of choice, can be overwhelming. That’s why our focus is, and has always been, on people. We work together, with our partners, customers, and across our businesses, to create human technology that helps people thrive. Effortless, simple, and intuitive technology, designed to enable new and extraordinary experiences in people’s lives each day. We see the possibilities of technology. The human possibilities. Read more online: company.nokia.com The year 2014 was one of fundamental rapidly evolving world of technology which is change for Nokia, a new chapter in our storied as much about connecting things as about history, which stretches back to the founding connecting people. We expect to see more of a small paper mill in southern Finland in than 50 billion connected things—devices, 1865. Following the sale of substantially all of modules and sensors—by year 2025. The our Devices & Services business to Microsoft opportunity is extraordinary—not just for us, (the “Sale of the D&S Business”), which was but for the world at large. completed on April 25, 2014, Nokia emerged with three businesses—Nokia Networks, HERE We have a powerful role to play in this and Nokia Technologies—and a significantly increasingly connected world. -
School of Architecture 2001–2002
School of Architecture 2001–2002 bulletin of yale university Series 97 Number 3 June 30, 2001 Bulletin of Yale University Postmaster: Send address changes to Bulletin of Yale University, PO Box 208227, New Haven ct 06520-8227 PO Box 208230, New Haven ct 06520-8230 Periodicals postage paid at New Haven, Connecticut Issued sixteen times a year: one time a year in May, October, and November; two times a year in June and September; three times a year in July; six times a year in August Managing Editor: Linda Koch Lorimer Editor: David J. Baker Editorial and Publishing Office: 175 Whitney Avenue, New Haven, Connecticut Publication number (usps 078-500) The closing date for material in this bulletin was June 20, 2001. The University reserves the right to withdraw or modify the courses of instruction or to change the instructors at any time. ©2001 by Yale University. All rights reserved. The material in this bulletin may not be repro- duced, in whole or in part, in any form, whether in print or electronic media, without written permission from Yale University. Open House All interested applicants are invited to attend the School’s Open House: Thursday, November 1, 2001. Inquiries Requests for additional information may be directed to the Registrar, Yale School of Architecture, PO Box 208242, 180 York Street, New Haven ct 06520-8242; telephone, 203.432.2296; fax, 203.432.7175. Web site: www.architecture.yale.edu/ Photo credits: John Jacobson, Sarah Lavery, Michael Marsland, Victoria Partridge, Alec Purves, Ezra Stoller Associates, Yale Office of Public Affairs School of Architecture 2001–2002 bulletin of yale university Series 97 Number 3 June 30, 2001 c yale university ce Pla Lake 102-8 Payne 90-6 Whitney — Gym south Ray York Square Place Tompkins New House Residence rkway er Pa Hall A Tow sh m u n S Central tree Whalley Avenue Ezra Power Stiles t Morse Plant north The Yale Bookstore > Elm Street Hall of Graduate Studies Mory’s Sterling St. -
The Rise and Fall of a Tech Leader Nokia Source Texts Analytical/Descriptive Report Module 1
Name .................................................................. ID: …………………. Section : The Rise and Fall of a Tech Leader Nokia Source Texts Analytical/Descriptive Report Module 1 Report Prompt: Describe the situation and two reasons for the failure of Nokia. ∎ EAP - Graham, T. (Eds. AB, DB, & SB) 1 ∎ IAE for CBE – Analytical Reports Text 1: A Brief History of Nokia Nokia Company's history started in 1865 when Fredrik Idestam, a mining engineer, established a wood pulp mill in the town of Tampere, Finland. In the beginning of the 1900’s, the Nokia Company was almost bankrupt, and Finnish Rubber Works bought the company. Finnish Rubber Works was also owned by Finnish Cable Works, which produced telephone, telegraph and electrical cables at the time. These three companies - Nokia Company, Finnish Rubber Works, and Finnish Cable Works - were joined together as Nokia Corporation in 1967. This new company was involved in many industries and produced products such as paper, car tires, communications cables, electronics, and personal computers. In the 1970s, Nokia became more involved in the Mobira telecommunications industry by developing a digital switch for telephone exchanges. In 1984, it launched one of the world's first portable phones. Three years later, Nokia introduced its first mobile phone, the Mobira Cityman 900. It weighed only 800g with the battery, and even though it was expensive at 6,308 USD, it was in high demand. Nokia’s Mobira Cityman 900 Nokia was a key developer of GSM (2G), the second-generation mobile technology that could carry data as well as voice traffic. It delivered its first GSM network in Finland in 1989.