Downfall of Nokia
As we all know, back when Nokia was the king of the Smartphone industry, ruling the market, you may or may not have examined the articles and posts surrounding Nokia's rise and fall, so I decided to write an article explaining how the tech giant will be able to make a comeback. I must say that Nokia’s history has been confusing and unstable, with rises and falls. Furthermore, Nokia was the undisputed ruler of the Smartphone industry for a long time, but each run of the show, in the long run, comes to an end. Many say that this happened to Nokia because of its lack of innovative thinking by itself, but deep down, there are many more reasons for this downfall. Nokia had a tremendous market share of 38 percent, which eventually came down to 9 percent, or even less. So let's look at some of the reasons why this happened. Nokia began as a pulp mill company in the late 1800s and gradually evolved into the largest telecom company in the market. It released its first phone in the ye...