nokia is a very diverse company. they make everything from rubber boots and car tires, to cardboard, to undersea cables, to modems. this is likely not a big part of their business.
no, they probably did it because nokia is a market leader in communications technology. but since they are a global fortune 500 member, a billion is not that much.
1st thought: they are expecting the bubble to burst any day now and isolate their other businesses to be free from the (heavy)damage
nokia is a very diverse company. they make everything from rubber boots and car tires, to cardboard, to undersea cables, to modems. this is likely not a big part of their business.
They don’t. That company is called Nokian Tires and it’s a complete different company.
Rubber boots are actually a different company too, Nokian Jalkineet Oy and it’s owned by Berner
I’m going to opt to trust the guy whose name is literally Finnish for boot (or Estonian for “in the boot”)
Yes. https://en.wikipedia.org/wiki/History_of_Nokia might have some of the history and why the name of the town is tangled in several almost unrelated companies.
they were the same company up until pretty recently. i’d missed the split.
But nvidea didn’t invest in Nokia because of those things
no, they probably did it because nokia is a market leader in communications technology. but since they are a global fortune 500 member, a billion is not that much.