Multinational companies are mainly engaged in the production of mobile communication products. Nokia was founded in 1865. At that time, I was mainly engaged in papermaking. Later, it gradually expanded to rubber shoes, tires, cables and other fields, and finally developed into a mobile phone manufacturer.
Since 1996, Nokia has occupied the first market share for 14 years in a row. In the face of the rise of smart phones with new operating systems, Nokia's number one position in global mobile phone sales was surpassed by both Apple and Samsung in the second quarter of 201/kloc-0.
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Lumia series mobile phones equipped with WP system
However, Microsoft's WP system not only failed to save Nokia, but accelerated its demise. Soon after, the mobile phone giant went bankrupt.
In 20 13, Nokia's mobile phone business was sold to Microsoft at a low price of $7.3 billion (the highest market value 1 15 1000 billion, shrinking 16 times).
After the sale, Elop returned to Microsoft with Nokia's $25 million severance package. Later, he once became a popular candidate for the president of Microsoft.