Step asides 4G network, because 5G is coming for your throne! With the appearance of the 5G network, many smartphone manufacturers have jumped into the development of 5G devices roll-out, including Nokia! Today, let’s see where this Finnish brand stands on the road to 5G!

Nokia: The Leader In The Sprint To 5G roll-out and expansion!

A quick re-introduction first! Nokia Corporation (NOK) is a Finnish multinational telecommunications and information technology company. For now, Nokia headquartered in Espoo, Helsinki. Since its launch, the Finnish manufacturer has a storied tradition of self-reinvention. They thrived as a pulp mill in its early days, before moving into the rubber and cable industry and dominating for decades. Finally, in the 1990s, Nokia put their focus on telecommunications infrastructure, technology development, and licensing.

We can never forget the golden age of Nokia! In the 1990s-2000s, the Finnish brand was the largest vendor of mobile phones globally. In details, the company accounted for some 4% of Finland’s GDP. Moreover, they also took account for 21% of total exports, and 70% of the Helsinki Stock Exchange market capital. Until today, they are still one of the most famous smartphone manufacturers worldwide with millions of fans! One of their most recognisable devices was the brick-like Nokia phones, which was also the pride for the Finnish people.

This 2018, the Finnish company started to focus more on their telecommunications infrastructure and IT business. This business also includes the implementation of 5G and the IoT. On the other hand, they also acquire Alcatel-Lucent, a French fixed, mobile and converged networking hardware, IP technologies, software and services company. On the other hand, Nokia continues to add the scientific research organisation, Bell Labs, into their R&D department. With such a big team, it’s safe to say that Nokia is now ready to join the race for 5G roll-out and expansion, especially on their handsets!

Will 2018 be the year of Nokia?

For now, HMD Global and Nokia have released many smartphones during the first half of 2018. According to our sources, the Finnish brand still has more in store for their fans in the last six months! Are you excited to see what they will bring this year? Leave a comment to let us know!