Nokia is a telecommunication company focusing on mobile devices, network infrastructure, and location-based technologies. Founded in 1865 in Finland, this multinational corporation engages in manufacturing a wide range of products and services, including music, navigation, video, television, imaging, games, and business mobility. The company operates through four main segments: mobile broadband, global services, HERE, and technologies. Nokia's mobile broadband segment provides essential hardware and core network software for delivering mobile voice and data services, while its technology segment focuses on the development and sale of intellectual property rights and technology licensing activities.
With over 103,000 employees worldwide and an annual revenue of $24.9 billion, Nokia is an industry leader based in Mountain View, CA. The company's diverse workforce consists of 30% female employees and 53.1% ethnic minorities. Nokia's CEO, Pekka Ilmari Lundmark, leads the company as it continues to innovate within the telecommunication industry. Despite the noticeable lack of political diversity among employees, Nokia has a strong employee retention rate with staff members typically staying with the company for five years. The average employee at Nokia earns a salary of $108,295 per year. With its broad range of products and services along with a solid employee base, Nokia remains a key player in the telecommunications sector.