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It was originally part of American conglomerate International Telephone & Telegraph (ITT) and after the acquisition products were sold under the "ITT Nokia" brand, despite SEL's sale to Compagnie Générale d'Electricité (CGE), the predecessor of Alcatel, in 1986.
which originated as a computer division of Swedish aircraft and car manufacturer Saab called Datasaab.
After all these acquisitions Nokia's revenue base became US.7 billion.
Tragically CEO Kairamo committed suicide on 11 December 1988.
Nokia is also a major contributor to the mobile telephony industry, having assisted in the development of the GSM, 3G and LTE standards (and currently in 5G), and is best known for having been the largest worldwide vendor of mobile phones and smartphones for a period.
After a partnership with Microsoft and market struggles, its mobile phone business was eventually bought by the former, After the sale, Nokia began to focus more extensively on its telecommunications infrastructure business and on the Internet of things, marked by the divestiture of its Here mapping division and the acquisition of Alcatel-Lucent.
Mechelin expanded into electricity generation by 1902 which Idestam had opposed.
This made Nokia the third-largest television manufacturer of Europe (behind Philips and Thomson).In 1922, Nokia Ab entered into a partnership with Finnish Rubber Works and Kaapelitehdas (the Cable Factory), all now jointly under the leadership of Polón.Finnish Rubber Works company grew rapidly when it moved to the Nokia region in the 1930s to take advantage of the electrical power supply, and the cable company soon did too.Ericsson Information Systems made Alfaskop terminals, typewriters, minicomputers and Ericsson IBM compatible PCs.The merge with Nokia's existing Information Systems division - which already had a line of personal computers called Mikro Mikko since 1981 - resulted in the name Nokia Data.