| Business Summary | | Nokia
Corporation
is
a
mobile
phone
manufacturer
and
a
supplier
of
mobile,
fixed
and
Internet
protocol
(IP)
networks
and
related
services,
as
well
as
multimedia
terminals.
Nokia
has
two
business
groups,
Nokia
Networks
and
Nokia
Mobile
Phones,
and
also
includes
the
Nokia
Ventures
Organization
and
the
Nokia
Research
Center.
Nokia
Networks
is
a
supplier
of
mobile,
broadband,
IP
network
infrastructure
and
related
services.
It
also
develops
mobile
Internet
applications
and
solutions
for
operators
and
Internet
service
providers.
Nokia
Mobile
Phones
is
a
worldwide
mobile
phone
manufacturer.
Nokia
Ventures
Organization
develops
new
ideas
for
the
home
environment
and
the
corporate
world,
expanding
the
Company's
business
scope.
Nokia
Research
Center
drives
the
Company's
technological
competitiveness
and
renewal
through
cooperation
with
its
business
groups
and
with
universities,
research
institutes
and
other
corporations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nokia
is
a
supplier
of
telecommunications
systems
and
equipment.
The
Company's
core
businesses
include
the
development,
manufacture
and
delivery
of
mobile
phones,
and
mobile,
fixed
and
IP
networks.
For
the
six
months
ended
6/30/01,
net
sales
rose
14%
to
EUR15.35
billion.
Net
profits
fell
15%
to
EUR1.56
billion.
Revenues
reflect
higher
Nokia
Mobile
Phone
sales
in
Europe
and
Asia
Pacific,
and
new
product
launches.
Earnings
were
offset
by
increased
R&D
and
SGA
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Jorma Ollila, 50 | Chairman,
CEO | Pekka Ala-Pietila, 44 | Pres | Paul Collins, 64 | Vice
Chairman | Olli-Pekka Kallasvuo, 47 | CFO,
Exec. VP | Veli Sundback, 54 | Exec.
VP, Corp. Relations and Trade Policy |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|