How Nokia Became A 5G Superpower
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- เผยแพร่เมื่อ 27 ต.ค. 2021
- In this video we go over the rise, fall, and rise again of Nokia, the massive Finish telecommunications company. Throughout the 1990s and early 2000s Nokia dominated the smartphone market with over 50% market share. But they failed to innovate and substantially all of their market share to the iPhone and Samsung. They were eventually forced to sell their money losing smartphone business and focus solely on their telecommunications equipment business. Since then, they have made a comeback and are now one of the global leaders in 5G network infrastructure.
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Honestly, Steve Balmer was a very short sighted CEO for Microsoft. Tech companies need tech people leading them, not marketing accounting or MBA management.
There is a conspiracy theory that he intentionally sabotaged Nokia.
@@grimgoreironhide9985 But he also ended up also helping Nokia by seriously overpaying for the Nokia phone division.
It happens even in gaming companies.... people hired in the top tier positions are people who don't play games, don't know anything computer art related.
Yeah, no one wants to sell sugar water forever. 😂
@@Bonbon-C I think its the fault of the investors as well, they are not tech or gaming people, they want people "like them" who understand them who think like them, and underestimate the value of the engineers or passion of the gamers, to steer a company "from the big chair"
I agree that Nokia are indestructible. I had mine in my pocket whilst I was on a roller coaster, it flew out of my pocket at high speed & smashed on the ground. I was able to pickup the pieces with the help of an employee & reassemble it, to my amazement it continued to work!
Seriously? The ground survived NOKIA? I think that nuclear tests were done by dropping Nokia from space
yeah Nokia can do that
Ak47 of Cell phone world- Nokia.
Nokia's first mistake was trusting Micro$oft
Nakia failure is because of association of failed MS OS. It’s a good lesson for any individual person that “ if you tie yourself with failure people, you will be one of them as well.”
Nokia phones have a special place in my heart. I still remember the texts from my love in high school.... LOL
A friend's Nokia phone fell three stories down when it slipped off of his hand and fell through the gap of stairs of our dorm from the second floor directly to the basement. Although the lights on the edges of the phone stopped working, it amazingly continued to work normally and its screen remained unscathed... Just wow
A whole 13 mins of Nokia and no single mention of 3310? What is happening to the world😱?
There is the photo of the SWAT team with 3310;)
The Microsoft Nokia phones were very well made, really beautiful and durable… only problem was Windows Phone OS
The UI is the problem. Many people dont like tiles.
I loved mine, it never got slow and it was so fast to click on stuff with tiles, if microsoft hadn't shut it down i would still be using it. replacing parts on it was so easy, fast and cheap. Battery time on it was weeks, not days like every phone today.
@@alrey72 * Basic things like unable to sending video file over Bluetooth in early models
And the removable batteries were also terrible
@@iantirimba4693 start up vibration was more terrible, sending a low charged battery into opening loop!
I had a Nokia Windows phone, it was excellent actually. Unfortunately they where just too late.
I wish Nokia had chosen Android instead of Windows Phone to begin with.
Windows was good but Microsoft cut them off too early
@@chris0000924 Android has a bigger ecosystem. Network effects matter a lot. Also, I don't like when the operating system is controlled.
@@seneca983
Compatibility wasn't an issue it was support from Microsoft. But yes Apple proved the controlled ecosystem can work
@@chris0000924 If you mean my last sentence, I wasn't talking about compatibility. I meant that I like Android because any company can start producing Android phones and it's not locked to one company. Yes, Apple proved that a controlled ecosystem can work for a company but that's not what I talking about. I mean I like open ecosystems more for *ideological* reasons. I think they're better for society as a whole. For an individual company a closed ecosystem *can* work (though it's not always easy to get off the ground) but the society is better off if other companies can come in and compete.
@@chris0000924 Windows may have worked if it had better developer support. They never had snapchat for example
Love my Nokia phone. I've almost always used Nokia, from my first mobile in the 90s, right through to today's soon to be upgraded Nokia 7.2. The only non-Nokia in my history was an Android-running HTC around 2012. As soon as Nokia released its first Windows phone model, I grabbed it. It was great, had a wonderful camera, and the software ad integration was truly innovative, until it wasn't. Version 7.5 was the sweet spot, version 8 began the slide as the innovations were removed and it simply tried to differentiate from Android whilst working the same.
I just bought a Nokia smartphone. Designed by ex Apple guy. Brilliant, works a treat.
I’m thinking about getting a Nokia for my next phone. Can I ask which one you got?
@@academision Hi - I got the Nokia 1.4. Cost me USD99.50 regular retail price. Perfect for me and my business needs. Very happy with it. Decent screen size - 6.5" and all the usual toys etc
Nokia was basically my childhood so if Nokia makes a comeback ill be happy
@Shill of the Russian Federation HMD global has nothing to do with the Nokia stock though so "their" smartphones won't make any Nokia stock investor rich.
@Shill of the Russian Federation yeah i know but comeback as i mean back on top of the world
Watching this on my Nokia 7.2. Nokia still has unbeatable durability and value for money.
Watched this on my Nokia G20. Off to buy some stocks now before they explode again. Good video as always dude. 👍🏼
Love your content, keep up the good work.
Nokia have been working on the next iteration 6G for a while now.
Investing in next gen & technology always kept Nokia buzzing.
I think your research was incomplete. You did not mention that Nokia acquired Alcatel-Lucent in 2016 and as a result, got Bell-Labs which is the research arm driving their 5G technology. This acquisition is the most significant milestone in Nokia's 5G strategy.
He did mention it at 9:09 , and said how the R&D boost was a big help. He just didn't mention the bell-labs subsidiary.
@@JKPrimetime OK, thanks!
8:57 he didn't mention bell-labs since it's owned by alcatel i guess
I don't think he understands Nokia's current business model.
To this day I believe Elop sunk Nokia on purpose. Going with Windows was a shockingly stupid choice. And no, that's no "hindsight 20/20." It was as clear then as it is now they should have gone with Android.
I was believing that notion too untill i read the book Operation Elop and some other video about the downfall of nokia.
Ollie Pekka Kalasvuo had the Symbian used by several brand even Docomo used it. He was quite close to get Symbian became the OS to be used bf other brand, but symbian failed to reconcile those differences in their several version used in Sony Ericsson, (probably Motorola) and Docomo, so no further plan was done at the moment.
OPK concentrated on feature phone, didn't invested enough, even made Symbian fully Nokia proprietary, abandoning other iteration, so Sony Ericsson went to WM and Android, Docomo to iPhone.
OPK had almost no plan counter Apple iPhone launch, but created Symbian team and Meltemi team to *compete* which OS to be choosen... Odd choice...
As Elop enter, the disarray was too huge to get cleaned. Symbian went nowhere, Meltemi (later renamed) was too far from ever launched.
Elop saw only one way, together with Jorma Ollila (correct me if I'm wrong) had a deal with Microsoft.
I DO HATE Elop, but it was former CEO and Nokia board who let the boat sink.... They let Symbian got too old, took too long developing touch UI, betting on resisitive touch screen on N97 (OPK didn't bother to update the processor to 600 mHz, but using the same ca. 300 mHz for totally new constantly updated icon)
Change E to F :)
Infrastructure business was always part of Nokia. Later it was made a separate business entity as a joint venture with Siemens. At the time, both companies wanted to get rid of their network businesses. After downfall of their mobile phones business, Nokia acquired Siemens's stake of the joint company and that became their core business.
I am truly surprised that you did not mentioned Matrix. Even Neo! used Nokia 8110, and most importantly: SAVING THE WORLD WITH IT!!!
Great video, thank you
The sanomalaite m/90 is still used and it's bloody good and easy to use.
Nokia stocks is at a low price. Invest now before they blast off to the moon!
To the moon 😂
Sounds like crypto🤪
I love your sushi. Didn't expect you here.
@@chiuuuuuuuuuu Thank you. I love your pen spinning videos! 😍
You mean “speculate now, before they blast off…”
what a great round up of the entire timeline.
Good video I’m going to check them out
Nokia a 156-year-old company that started out as a paper mill that also sold rubber boots was actually the first to innovate release and popularize smartphones.
Nokia's biggest problems started when the long-time CEO who was an awesome Engineer with great business savvy, retired and a lawyer who had been a long-time corporate climbing employee with no actual real-world business sense or engineering acumen (to see which innovative internal projects within Nokia R&D to fund and push to market) was selected to replace him.
This lawyer guy ignored the threat of Apple and also didn't go after Apple for ripping off 42 major patents until it was too late. If he had used these shrewd maneuvers, iOS and the iPhone would have been killed in its crib by major legal disputes allowing Nokia to release a viable touch screen competitor instead. Nokia's problem wasn't engineering as it had the best hardware, it was the UI and UX (User Interface and User experience) which sucked compared to Apple, which could have easily been fixed within a short amount of time.
However mistake after mistake kept being made, like adopting Microsoft's mobile software platform and taking on another lousy CEO also from Microsoft which further caused more issues for Nokia.
WSM is more catered towards investing + even have their own stock research you can read and download.
company man offers educational and informative company analysis videos.
you are bound to cover some similar topics both channels are in the business / finance category.
i find WSM offers more detail regarding the company financials, whereas CM is more mass market and high level.
both are welcome in the youtube space.
my first phone and honestly one of the best phone's I've ever own was a nokia lumia 630.
I have a Nokia and I love them so much I don't feel like changing 😊
Good analysis, I was engaged the whole time. Nokia's downfall in the mobile sector was heartbreaking but I'm glad they were able to turn the burning ship around, especially now that an old Nokia veteran is back as CEO.
But I'm not sure what to make of the Nokia-branded/licensed consumer products. HMD doesn't seem to be having a great time after the initial successes in 2017 (mostly thanks to nostalgia). They've lost their exclusivity deals with FIH/Foxconn and Zeiss and they've dropped from the global top 10 a few years ago. The XR20 seems like one of their most solid phones in a while though, so I'm hoping it's a sign of things to come rather than a one-off thing.
In its heyday, Nokia created a new class of people in Finland called "Nokia millionaires". Many people got rich with Nokia stocks and options, and some of them continue to influence Finnish industry to this day. But in the grand scheme of things the company's success was a fluke, and I doubt Finland will ever see anything close to it again.
Bullshit! Deep value company. Producing reliable and quality tech in a popular industry is no fluke.
@@cmlombardo A fluke in Finland. Finnish companies don't normally reach the same heights as Nokia did, even though the products of our industry are of good quality.
@@Tuppoo94 Oh haha! As a fan of Nokia I read that way to personally.
Here in The States people especially the youngest generation (Z) don't even know Nokia is still in the smartphone industry. I owned 3 Nokia Lumias. Seriously best smartphones I've ever owned. Had Pixels, iPhone, and Galaxy. Now that Nokia is making new phones with Andriod operating systems I will definitely be buying it again for my next phone
@@cmlombardo Worth noting the new Nokia phones are made by HMD Global. Nokia has veto powers on HMD's board though.
Brand successes are often flukes, but behind a brand you need to have a solid business operation for it to work at all. Need not be the same company holding the brand of course, but in case of Nokia it was. The same people that made Nokia work haven't gone anywhere, they still apply their skills and capabilities somewhere in Finnish economy. It would be more accurate to say that Finnish technical expertise will never concentrate into a single company to that level again.
Although a bit bulky and heavy, the best mobile phone I've ever owned was the Nokia Lumia Windows Phone.
You sure don't mind waiting for an hour to get a picture taken
The saddest thing about WP8.1 was that it really was the nicest Mobile OS to live with. Loads of neat features that still haven't made it into iOS or Android. The big Lumias were so much nicer than anything else on the market at that point too.
Came too late though. I hung on and got a WP10 Lumia... it was abysmal.
true but they didnt updated their store and apps which costed them
@@donniebunkerboi9975 I still have my Lumia 830 and even now doesn't have such an issue. Although now I have an android Nokia I always carry with me the Lumia, it does still have phenomenal mapping apps and is the best navigation system I can use.
Nokia is deep value. I got 100k in them
Their share price has basically been flat the last 10 years falling from their all time high, they haven't made a profit for at least the last few years, nor do they pay any dividends?
Cap
@@deltaphi9770 I'm looking 10 years into the future, not the past.
To bad it was $500k when you probably invested. Thanks for letting us know how rich you are
@@user-pc7ef5sb6x I'm skeptical and was just curious on the reasoning but meh, good luck.
Very interesting video my friend
This is more a video about the consumer-branded devices. Nokia Networks is a global B2B technology company, which produces telecom equipment such as optical line systems, IP routers, and RAN gear. Since Nokia's acquisition of Siemens Networks and Alcatel-Lucent they have become a major force in the service provider market.
As the smartphone market matures, the marginal benefit of getting a new phone decreases, this is especially true for expensive phones. HMD made a smart choice going with Android, it made me buy a Nokia phone, since I was familiar with the operating system. I always liked Nokias design and the camera quality is also good (at its price point).
Nokia is a great mobile phone, SADLY it was a victim of the complacency of its leaders, but it is GREAT to know that Nokia is doing FINE again as a 5G telecom hardware provider. Great turn around to an almost DINOSAUR company.
i will tell you little secret nokia also makes military radars as well and other communication based military eguipment
Love Nokia I have my X10 it's a brilliant phone and my T20 Tablet.
You are great
I am a Canadian. I have been a big Nokia fan for many years…. I hope our carriers go with Nokia and Ericsson for their infrastructure. These 2 European countries deserve our support and make great quality products. We give enough to china every day it’s time we stop being sheep and shop around even if it costs a bit more
Always loved Nokia phones, and got a few of the New Retro style such as the 8810 4G, 3310 and 6310
Nokia always was and always will be the best. I wish they could bring back the N95 featuring android and 128gb+5G.
Nokia 5110 was my very first mobile phone...and I still have it. Battery works... like for half-hour...but I can still us it as a hammer or self defence device 😉 😂😂😂
I find it so fascinating that a company out of the small populated Finnland which isn‘t even a economic powerhouse in europe absolutely ruled the mobile phone market in the 90s and early 2000s. You would probably always assume that such modern technology would have come out of the USA or Japan where a lot of Tech Giants are located
Finland is really really really rich tho
49k $ gdp per capita is not a joke
Wait till you look at their mining equipment......a huge global business!
Forest industry too is top In the world In Finland.
It's kinda funny that even today finland and sweden(Ericson), two very small countries on the global stage still dominate the 5g market where-ever huawei is banned.. Ericsson and Nokia used to be pretty much the two only players in mobile phones in Sweden..
Dont own a nokia phone, but bought some nokia share @$3.90!
I love their weird stylish phones...i still Hoping one day that they will manufacture some unique looking phones just like the old days....
I owned several Nokia devices in the past, I loved them all. They are still behind on the new cell phone market, but I think they can stage a comeback as a leader, if they play their cards right
My Nokia N97 is still powering along
1:10 Is wearing comical glasses with the big nose attached a Nokia thing or a general Finnish thing?
I went from hauwei p40 pro to the Nokia 8.3 5g.... Unbelievable phone, I've just got the Nokia T20 tablet fantastic value for money
Im now on my third Nokia smart phone in a row. I love their new phone's. The price quality is very good. A phone of them of 300 euro is the same as a Apple or Samsung phone of 600 euro
Is someone gonna tell him about Qualcomm?
Nokia bet on Windows mobile... and lost. MS then tries to make smartphone, and fails. Lesson, MS has no business in phones. When Windows mobile was getting hyped back in the day, I told people it would fail, due to it being next to impossible to gain marketshare, and convince developers to spend time making apps. Some were gung ho and pursued Windows mobile development, it didn't do well. MS even tried the Windows 8 disaster of trying to merge desktop and mobile.
Lol, the windows 8ish Windows phone actually worked quite well. What killed it was that Microsoft required Windows phones to have a bing button which caused nothing but problems. When even fans of the phone talk others out of buying it over one stupid feature you can't disable, the entire OS enters a death spiral.
I still own a working 5110 and my everyday backup phone is Nokia E52 who's battery lasts 2 to 4 weeks in standby.
Have owned close to 10 different Nokia phones as Finland is the nabour and we both are alone with the same base language(in the word) no wonder.
Quite satisfied with my Nokia 9 PureView.
In the early 2000s there was a saying:
There's 2 types of phones, Nokia and the rest.
Please make a video about MeeGo. Why did Nokia fail in spite of introduction of MeeGo?
Nokia kicked their old CEO out and hired a new one to guide the company. New CEO was a total Microsoft fanboy and decided to discontinue it despite the Meego phone being shipped and released already. He then went on to make Nokia smartphones run on Windows Phone exclusively. And the rest is history...
near 15 min about NOK and you didnt even mention Pekka Lundmark. Its ok tho. You did everything else great, 2 thumbs up
You didn't mention MeeGo!
I own a working 3310, working Lumia 820 and almost working Lumia 1520. Not that M$ garbage, but pure Nokia strength.
Nokia is my go to phone! The quality and battery life are my reasons for enjoying Nokia phones.
Watching this with my Nokia 3.2 phone
Motorola beat Nokia with there brick phone first. But Nokia was the first to shrink there phones to pocket size. That was when the game changed from analogue to digital.
My first mobile was a Nokia . My current phone is a Nokia . My next will be a Nokia . 34 years , satisfied customer .
I have to say, this is by far one of my favorite videos about and making the case for NOK. Its an easy "park your $ here stock and enjoy 20% returns for the next few years," kinda stock and you cant get more stable than that. Its not a TSLA investment but it is poised for steady rock solid growth for years to come and thats awesome!
The only one im slightly more bullish on is MRVL. Its an "under the radar semi conductor" and has been crushing it in the past yrs after a shlew if acquisitions. Check em out, who knows, maybe a vid on it!?
Bring back OG 3310. God I loved that phone 😍
U did a vid on nokia please do one on ericsson
Me watching this on my android Nokia smartphone. Nokia 9.1 pureview
Love this phone.
Which smart watch can operate like phone independently
Yes, I did at first, but transferred to the iPhone!
Dude I can't believe I just watched a 14min long ad .... Smmhhh
Verizon was using Nokia for their millimeter wave nodes, but found them to be extremely lacking in range. they’ve started decommissioning them in term for Ericsson gear. Samsung has the best panels for it right now but Nokia is coming in third. they need to really step up R&D if they’re gonna compete here in the states as they lost their footing with the biggest players here already.
Have you heard about the tremendous 350% increase in growth in india and how it offset (w perfect timing) the slight decline in the U.S. due to the higher interest rates and mobile providers (csp's) setting aside projects till interest rates come back down to reality making profitability more attainable!?
I have owned:
Nokia 3310
Nokia 3330
Nokia 8310
Nokia 6230
Nokia E51 (bronze)
Nokia E52
Nokia Lumia 920 (yellow). Had this one for 5 years. Longest I ever owned a phone. The screen was just one of a kind.
Nokia 8 (copper)
Nokia 8.1 (current)
I had a Samsung Galaxy S5, liked that one, had another type too, but eventually got bored of the bloatware on those things.
the thing that i want from nokia is modern version of 9300i with crappy phone on the outside and some android wizardry on the inside like galaxy fold
I had the Nokia N95 back in high school, it was the “iPhone” back in the day.
My best phone ever Nokia XR20 5G
Nokia is riding the Huawei 5G ban wave.
3:16 I had this phone... classic!
circa early 2000, most phones I see were Nokia. Kids wanted Nokia for Christmas; thieves only steal Nokia phones and even grandma can use em.
*Hello "Company Man" )
I have Nokia 5.1. It is good phone. Only let down is the camera; otherwise; it is very good hone. most likely sticking to phone if it is still available in Nigeria
I wish NOKIA N90 comes back.
Look what happened to AMD under Lisa Su. Same thing here with Pekka .
always stood by nokia, had the flip fone in the 90s through to their windows phones which I loved. I worked for Huawei head office for a few years so I got a Huawei phone for free but I have since returned with a Nokia scirocco
ima about to buy the xr20 the new brick phone.... update after i get it
Simplest os can be done with using photronic automatically connect device flow by light interference like router in extreme small scale link microphone , led screen and speech text engine and streaming speaker music tuning to cloud music from floating 64 ultrasound frequency background anywhere that punctuate by time so all player need is readjust clocking of player to catch to million song streaming so at 5 gigahz there are 5000 song every seconds and 1 million song ever 200 second so the hidden timer determind the song we chose
I've only used Nokia phones and in the meantime I'm watching this on my Nokia.
They have developed into such a superpower that their stock remained the same for the past 7 years while the NASDAQ and DOW doubled. LOL
Nokia ceo 🐐
And I put money in this stock and keeps going up. Who knew?
Can Ericson ( sony chold company) come back like Nokia
rising because of stifling the competition
meanwhile nokia - i dont care i am still "connecting people" by selling telecom infrastructure .
As a long term fan and user of Nokia phones and the good comeback they made since the downfall with MS HMD have fucked up the Nokia mobile division and although Nokia themselves have nothing to do with the phone at the moment (just licensing the name) the recent flops that have been the Nokia phones probably still hurts them. Not to mention that they had major luck because of the Huawai situation. Huawai was way ahead of the game and capability of deploying 5G connectivity. But because of what happened with them Nokia got lucky on that end and are now one of the top choices. I would love for them to return to their glory days but as it seems Nokia is moving away from mobile devices and focuses entirely on infrastructure. Let's hope the new people in charge don't stop investing in R&D because this is what will keep them ahead now.
never heard of Nokia since they died
Watching this on my nokia 1100
Not gonna talk about Stephen Elop and his share of mistakes? This guy was one of the bigger guys that drove this brand down
Nokia also used to make bullets LoL 😂 people used to joke that their armor piercing bullets were made of the ame material of 3310 phones 😂
Symbian had loads of apps, part of the problem was that the development environment sucked and Symbian is based on *EPOC* which was 21 years old at that point. Nokia had barely advanced the OS enough to handle the features both Android and iOS was built for at that point. Also that chart had countries in brown not red.
one thing which most people dont know, Android and ios never surpassed symbian before Elop killed Symbian, And Nokia smartphone Market share grew faster than Apple and Samsung before Burning memo.
I still have my Nokia 5, weak phone in terms of specs but it's very strong. Now use a Xiaomi phone lightyears ahead of Nokia on terms of price and features