From Paper Mills to Cyberspace
1865
Engineer Fredrik Idestam founds a paper mill that later becomes Nokia.
1922
Nokia neighbor Finnish Rubber Works, maker of galoshes and tires, merges with power- and phone-cable maker Finnish Cable Works.
1967
Nokia and the combined Finnish Rubber & Cable Works merge to form Nokia Group. Company invests heavily in electronics.
1992
Jorma Ollila takes the reins and focuses Nokia on telecom. Boosts GSM phone production.
1994
Nokia lists on the New York Stock Exchange.
1996
Nokia sells off cable and color-TV businesses and grows in cellular.
1998
Share price doubles over the first six months, and second-quarter net income soars 66%. Nokia expands rapidly in China.
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- TABLE: From Paper Mills to Cyberspace
- PHOTO: Nokia Paper Mill, circa 1890
- TABLE: ``Removing People from Their Comfort Areas''
- CHART: Nokia Is Battling Two Goliaths...But Its Laser Focus on Cell Phones...
- CHART: ...Has Earned It a Big Bang from the Phone Boom...And Investors Appreciate the Difference
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- ONLINE ORIGINAL: Q&A WITH NOKIA'S OLLILA
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- TABLE: Galvin's Fix-It Plan for Motorola
- ONLINE ORIGINAL: Q&A WITH MOTOROLA'S GALVIN
- ONLINE ORIGINAL: PLAYING THE CELLULAR BOOM: NOKIA VS. ERICSSON
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