INVESTOR HUB
  • Home
  • Personal Finance
  • Fintech
  • Company Earnings
  • Sustainable investing
  • Retirement
  • Side hustle
  • Crypto
  • More
    • Stock market
    • Commodities
    • Politics
No Result
View All Result
INVESTOR HUB
No Result
View All Result
Home Fintech

Nokia reveals new logo to remind you it doesn’t make phones anymore

Investor-hub by Investor-hub
February 27, 2023
in Fintech
0
Nokia reveals new logo to remind you it doesn’t make phones anymore
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Finnish telecoms agency Nokia has redesigned its logo to remind the world that it doesn’t make cell phones anymore.

“In most individuals’s minds, we’re nonetheless a profitable cell phone model, however this isn’t what Nokia is about,” Nokia CEO Pekka Lundmark told Bloomberg. “We wish to launch a brand new model that’s focusing very a lot on the networks and industrial digitalization, which is a very completely different factor from the legacy cell phones.”

Nokia revealed its new brand identity on Sunday at MWC — the primary main redesign of the agency’s brand in almost 60 years. The corporate has come a great distance since its founding as a single paper mill operation in 1865. Its unique brand featured a salmon head — a reference to the Nokianvirta river by which the mill was established and which gave the corporate its identify.

A close up of the chin of a smartphone showing the Nokia logo engraved on the surface.

The basic Nokia brand on HMD International’s Nokia G50.
Photograph: Amelia Holowaty Krales

Images showing Nokia’s old and new logos.

Nokia’s outdated brand (high) and new rebrand (backside).
Picture: Nokia / composite by The Verge

Nokia as soon as dominated the cellular world however did not adapt to the smartphone period spearheaded by Apple and Google. The corporate offered its cell phone enterprise to Microsoft in 2014, however the deal was a catastrophe.

By 2016, Microsoft had lost at least $8 billion on the acquisition and commenced winding down its personal smartphone enterprise, which did not tackle iOS and Android. That yr, the Nokia cellular model was sold to a new entity based by former Nokia workers, HMD International. Android handsets started being offered below the Nokia identify as soon as extra, although they’re now manufactured by Foxconn subsidiary FIH Cellular.

Nokia itself now makes cash by way of companies together with the sale of networking tools and the licensing of its many patents, together with to cellular makers. The corporate has additionally been pushing laborious into 5G, with this portion of its enterprise buoyed by bans on tools manufactured by Chinese language rival Huawei.

In a blog post, Lundmark mentioned the corporate’s new brand “captures Nokia as we’re at this time, with renewed vitality and dedication as pioneers of digital transformation.”

Stated Lundmark: “We constructed on the heritage of the earlier brand, however made it really feel extra modern and digital, to replicate our present id … That is Nokia … however not because the world has seen us earlier than.”



Source link

Tags: anymoreDoesntlogoNokiaphonesremindreveals
Previous Post

Personal inflation calculator: what is your inflation rate?

Next Post

Will Catalyst (CPRX) Beat Estimates Again in Its Next Earnings Report? – Zacks Investment Research

Next Post
Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Will Catalyst (CPRX) Beat Estimates Again in Its Next Earnings Report? - Zacks Investment Research

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Skillz Fourth Quarter and Fiscal 2022 Earnings Call Date Revised – Business Wire

March 13, 2023
HSBC’s oil-rig shaped financing hole

HSBC’s oil-rig shaped financing hole

December 27, 2022
Invigorated and innovative client-first approaches are expected from financial institutions as 2023 – Global Banking And Finance Review

Why are Peruvian politics such a mess? Inside the halls of its Congress – Reuters Canada

February 4, 2023

Browse by Category

  • Commodities
  • Company Earnings
  • Crypto
  • Fintech
  • Personal Finance
  • Politics
  • Retirement
  • Side hustle
  • Stock market
  • Sustainable investing

Recent News

US and Japan strike trade deal on critical minerals for electric car batteries

US and Japan strike trade deal on critical minerals for electric car batteries

March 31, 2023
Li Auto Stock Has Outperformed. Is It Still A Buy?

Li Auto Stock Has Outperformed. Is It Still A Buy?

March 31, 2023

Categories

  • Commodities
  • Company Earnings
  • Crypto
  • Fintech
  • Personal Finance
  • Politics
  • Retirement
  • Side hustle
  • Stock market
  • Sustainable investing

Follow Us

Recomended

  • US and Japan strike trade deal on critical minerals for electric car batteries
  • Li Auto Stock Has Outperformed. Is It Still A Buy?
  • FCA delays and eases SDR rules for asset managers – ETF Stream
  • How Older Veterans Can Protect Themselves From Scam Artists
  • Gamma.io, Xverse And Bitcoin Magazine To Host Ordinals Alley At Miami Bitcoin Conference

© 2022 Investor Hub | All Rights Reserved

No Result
View All Result
  • Home
  • Personal Finance
  • Fintech
  • Company Earnings
  • Sustainable investing
  • Retirement
  • Side hustle
  • Crypto
  • More
    • Stock market
    • Commodities
    • Politics

© 2022 Investor Hub | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?