Nokia once dominated the worldwide mobile phone market but its influence has waned against strong competition in the smartphone sector. Finland’s largest company has been forced to downsize, with thousands of employees facing redundancy. Is there life beyond Nokia in Finland?
When people think of Finland, they might immediately associate it with Nokia and vice versa. Nokia, being such a huge part of Finland means it has a large reach and massive influence. In one way or another, there’s a Nokia connection somewhere. According to the BBC, over 200 startups in Finland have been created by Ex-Nokians. Jolla, a hub of talent that continues Nokia’s efforts with Maemo/MeeGo, gets a mention.
Whilst some look on to the stumbling of Nokia as a great opportunity for startups, there’s plenty of room for new companies and a return-to-form Nokia plus the benefits of a strong giant on your backyard.