Nokia decided to shift its business focus from consumer phones to network devices and solutions. Nokia gradually got rid of the mobile phone manufacturing business and focused on 5G network infrastructure and digital transformation solutions.
As one of the leading telecom equipment suppliers in the world, Nokia has achieved certain success in the network equipment business. The company provides 5G network equipment and solutions for global telecom operators, and is committed to promoting digital transformation and intelligent connection. Through cooperation with operators, Nokia has occupied a place in the 5G era and gained considerable income.
Nokia has a huge patent portfolio in the field of communication technology, which provides the company with an additional source of income. Nokia has obtained a lot of patent licensing fees by licensing and authorizing its patented technology to other companies. This has become one of Nokia's important sources of income and brought stable cash flow to the company.
In addition to network equipment, Nokia is also actively involved in the field of digital medical and technical solutions. By developing health monitoring equipment and providing medical solutions, the company is committed to promoting innovation in digital medicine and health. This business segment has brought new growth opportunities and diversified income sources to Nokia.
Nokia's Big Events in 2023
On February 26, 2023, Nokia announced that it planned to replace the brand Logo for the first time in nearly 60 years and use a brand new logo; The new logo consists of five different shapes, which constitute the word "Nokia". In addition, the iconic blue in the old logo has been replaced by a series of colors.
On May 5, 2023, Nokia Bell's official WeChat official account was updated, announcing the launch of the first EU CE-certified 5G integrated UAV solution. Including Nokia UAV, docking station, dual pan-tilt camera and Nokia MXIE edge cloud processor.
On June 15, 2023, Nokia announced the completion of the test of a new 5G network slicing scheme, which allows Android users to purchase and activate on-demand network slicing from their operators.
Reference to the above content: Baidu Encyclopedia-Nokia