Nokia is a multinational company headquartered in Espoo, Finland, mainly engaged in the production of mobile communication equipment and related services. Nokia was founded in 1865, mainly engaged in logging and papermaking, and gradually expanded to rubber shoes, tires, cables and other fields. Later, it developed into a mobile phone manufacturer, focusing on the research and development and authorization of basic communication services and advanced technologies.

Nokia's position in Finland

In the early 2000s, the development of Nokia reached its peak, accounting for 40% of the global mobile phone market. Nokia became the first consumer brand in Finland to be recognized by global users.

In Finland, Nokia is more influential. According to the report of Finnish Economic Research Institute, from 1998 to 2007, a quarter of Finland's growth came from Nokia, and Finnish Finance Minister alexander stubb called this period's growth an "economic miracle".

Success is quick and failure is quick. Nokia's dominant position in the mobile phone market soon lost, Finland's economy suffered heavy losses, and the whole country entered a long-term recession.