Nokia Net Worth (Updated 2025).

Nokia, a name that once dominated the mobile phone industry, traces its roots back to Finland in 1865. Founded by Fredrik Idestam, the company initially focused on pulp mills, a far cry from the technology giant it would later become. It wasn’t until 1871 that the company’s name, an abbreviation of the Finnish village Nokia, came into existence when Idestam partnered with Leo Mechelin to form Nokia Corporation. This marked the beginning of a journey that would see Nokia evolve from a wood-pulp mill to a global leader in telecommunications.

In the 1960s and 1970s, Nokia began to diversify its business, venturing into electronics and telecommunications. It was during this period that Nokia started to make its mark in the mobile phone industry. In 1982, Nokia launched its first mobile phone, the Mobira Senator, a car phone that weighed over 20 pounds. Despite its bulk, it was a significant step forward for the company and the industry. The following years saw Nokia continue to innovate, introducing the first ever mobile phone with an integrated antenna in 1987, and the first GSM phone in 1989. These developments laid the groundwork for Nokia’s rise to fame in the 1990s and early 2000s, when it became a household name synonymous with mobile phones.

Nokia’s Current Net Worth (2025)

As of 2025, Nokia’s current net worth is estimated to be around $35 billion. This figure reflects the company’s significant presence in the global telecommunications industry, with a strong focus on network infrastructure and technology services.

Career

Founded in Finland in 1865, Nokia began as a pulp mill and evolved into a global leader in telecommunications and technology. In the late 20th century, Nokia revolutionized the mobile phone industry with iconic models like the Nokia 3310 and Nokia 1100. Today, it’s a key player in 5G networks and IoT solutions, with a strong focus on research and development.

Other Ventures

Beyond telecommunications, Nokia has diversified into other ventures. Nokia Technologies, a unit within the company, licenses Nokia’s intellectual property and provides technology consulting services. Additionally, Nokia Health, now a separate entity, focuses on digital health products like the Nokia Steel smartwatch and Body Cardio scale.

Assets

Nokia’s assets include its extensive portfolio of patents and intellectual property, along with its global network of research and development centers. The company also owns various real estate properties, including manufacturing facilities and offices around the world. Furthermore, Nokia’s brand is one of its most valuable assets, recognized globally for quality and innovation.

Annual Income

In 2024, Nokia’s annual income, or revenue, was approximately $28.5 billion. This figure reflects the company’s broad range of products and services, from mobile networks and fixed networks to cloud and network services, as well as its licensing and technology operations. Nokia’s annual income has shown steady growth over the past few years, reflecting the company’s strategic focus on 5G and other emerging technologies.

Frequently Asked Questions about  Nokia

Frequently Asked Questions: Nokia Net Worth

1. What is Nokia’s net worth?

Nokia’s net worth is estimated to be around $34.7 billion.

2. How did Nokia become so successful?

Nokia became successful by pioneering in mobile communications technology. They were one of the first companies to introduce mobile phones to the mass market and dominated the industry in the late 1990s and early 2000s.

3. What are some of Nokia’s most popular products?

Some of Nokia’s most popular products include the Nokia 3310, Nokia 6600, and the Nokia N95. They also have a significant presence in networking and telecommunications infrastructure.

4. What happened to Nokia’s mobile phone business?

In 2014, Nokia sold its mobile phone business to Microsoft, which later became part of the Microsoft Lumia series. However, in 2016, Nokia re-entered the mobile phone market with a new range of smartphones running on Google’s Android operating system.

5. Who is the CEO of Nokia?

Pekka Lundmark is the current President and CEO of Nokia.

6. Where is Nokia headquartered?

Nokia is headquartered in Espoo, Finland.

7. What are some of Nokia’s major competitors?

Some of Nokia’s major competitors include Ericsson, Samsung, Huawei, and Cisco.

8. What is Nokia’s market capitalization?

As of now, Nokia’s market capitalization is around $43.2 billion.

9. What are some of the challenges Nokia faces in the market?

Nokia faces challenges from intense competition, technological changes, and regulatory pressures in the telecommunications industry.

10. What is Nokia’s mission statement?

Nokia’s mission statement is “To create the technology to connect the world.”