Nokia TMC Co.,Ltd. (South Korea)

Nokia TMC Co.,Ltd. is a Finnish multinational telecommunications, information technology, and consumer electronics corporation. It was established in 1865 and is headquartered in Espoo, Finland. The company has a long history and has operated in various industries over the past 150 years, including pulp mill, rubber, and cables. Since the 1990s, Nokia has focused on large-scale telecommunications infrastructure, technology development, and licensing. Nokia has made significant contributions to the mobile telephony industry, particularly in the development of the GSM, 3G, and LTE standards. It was the largest worldwide vendor of mobile phones and smartphones for a decade starting in 1998. However, Nokia faced challenges in the later 2000s due to poor management decisions, resulting in a significant decline in its market share.