ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Nokia called, and it wants its brand back

Risto Siilasmaa, chairman of Nokia (Photo Mamoru Yago)

TOKYO Nokia was once the undisputed mobile phone king. But the emergence of the smartphone turned the industry on its head, forcing the suddenly struggling Finnish company to sell its mobile business to Microsoft in 2013.

"When we started that negotiation [with Microsoft] in February 2013, I was still a little bit optimistic on our chances, independently, in the smartphone business," recalled Risto Siilasmaa, Nokia's chairman. But after further analysis, he was convinced he had to shed the operations.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more