Nokia changes logo after 60 years, CEO makes big announcement about mobile business

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image : Twitter


Dt. 27 February 2023, Monday

Once the world's top mobile company, Nokia has announced to change its brand image. Nokia has changed its logo for the first time in 60 years. This new logo has Nokia written in different letters, using blue, pink, purple along with many other colors, while earlier the company's logo was only in blue.

The company is associated with the technology sector

Speaking about the new logo, the company's CEO Pekka Lundmark said, 'It used to represent the company's feeling with smartphones, but today the company's business has changed and it is connected to the technology sector. Nokia is still a successful mobile brand in the minds of many people but it is not. A new brand focusing on network and industrial digitization, quite different from the mobile phone legacy.

India is one of the fastest growing markets for the company

The company has focused its attention on the service provider business, in which the company sells 5G gear to telecom companies. Lundmark said the company's business grew 21 percent last year, accounting for 8 percent of total sales ($2.11 billion). Along with this, the company is also partnering with the world's largest telecom companies to provide 5G gear. Lundmark said India is one of the fastest growing markets for the company. The next 6 months of 2023 in North America could prove to be good for the company.

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